Killarney Conners Arch - Killarney Project (100% Impact)
The Killarney Project comprises two tenement applications (EPM16531 and EPM16630) that cover the western margin of the Connors Arch geological province close to the contact with the Permian Bowen Basin. The contact is a major structural zone about 700km long and is a significant control on the gold mineralisation at the Cracow gold mine at its southern end and the copper-silver-gold mineralisation at the Silver Hills deposit, recently discovered by Conquest Mining Limited, at its northern end.
The Killarney Project area is an excellent analogue to the geological setting of the Silver Hills deposit and contains a significant number of historical prospects that have been explored for gold, molybdenum and zinc. Gold prospects include Killarney, Bolted Horseshoe and in particular Six Mile Creek where rock chip sampling of gossanous quartz breccia has returned values of up to 33 g/t gold. About 14 shallow (less than 80 m) drill holes have been completed at Six Mile Creek and have intersected zones up to 30 m thick of low grade gold of 0.1 to 0.2 g/t and alteration together with thin higher grade pods of up to 8 g/t gold.
At Simpson's Find a quarta vein and breccia zone up to 3 m wide outcrops over 800 m and has returned rock chip samples of up to 0.6% molybdenum and 0.3% copper. This vein has not been drilled.
Ther are also numerous soil and stream geochemistry anomolies and isolated circular magnetic anomolies that warrant further investigation.
