Chasing Hemi Type Targets At Pilbara Gold Project
First Au Limited (ASX:FAU) has commenced an Induced Polarization (IP) survey at its Razorback Gold prospect near Marble Bar in the Pilbara Region of Western Australia.
The objective of the survey is to map the disseminated sulphides, potentially associated with gold mineralisation in the host rock, at depths > 100m.
The survey will be ~ 3 km of strike length and will include areas where historic shallow drilling has intersected > 1 g/t Au mineralization in the oxide, as well as mineralization observed in in rock chip samples and gold in soil anomalism.
The results of this survey are anticipated within the next month and aim to provide new drilling targets either down plunge of existing drilling or along strike.
The Razorback Gold Prospects occurs within the 100% FAU owned Talga Project, located 30km NE of Marble Bar, Pilbara. Razorback is a mesothermal Archaean gold prospect, hosted within metamorphosed mafic and brecciated cherts of the Warrawoona Group, Marble Bar Greenstone Belt.
The mineralisation is hosted within the same greenstone belt to the Warrawoona Gold Project (1.25 Moz Au) of Calidus Resources Limited which recently completed a successful feasibility study and is hoping to begin construction in March 2021.
The development of the Warrawoona Gold Project is part of a recent rejuvenated in gold exploration of the Pilbara region, which includes the major discovery of the Hemi Deposit (De Grey Mining Limited).
