Joint venturer Western Plains Gold Ltd (ASX Code: WPG)
has advised that an intensive field work programme searching for uranium,
gold and copper mineralisation in
the Kalabity tenement has
commenced. The Kalabity project tenement EL 3297 is located in the southern
Curnamona Craton in South Australia, near Olary (Figure 1).
The planned field work programme will consist of a
calcrete sampling programme covering most of the tenement area at more than
1,000 sample sites. This will be followed by in-fill sampling as required
and RAB drilling of selected targets.
The Kalabity tenement has significant potential for the
discovery of intrusion-related uranium and rare earth deposits. There is one
producing uranium mine in the Curnamona Craton at Beverley and another
well-known deposit at Honeymoon. It is one of the more prospective provinces
in Australia for uranium and was the site for Australia’s first producing
uranium mine at Radium Hill.
Within the Kalabity tenement there is outcropping uranium
mineralisation (as davidite) associated with a zone of quartz veining at the
KR4 prospect. An orientation calcrete sampling programme at the KR4 prospect
by PlatSearch showed a definitive response over the known davidite
mineralisation. These results indicated that calcrete sampling will be an
effective tool with which to explore the wider tenement area where intrusive
and sedimentary rocks anomalous in uranium and rare earths occur under thin
soil cover.
EL 3297 also has considerable potential for epigenetic
iron oxide hosted copper-gold mineralisation similar in style to the
replacement (Starra, Osborne) and breccia (Ernest Henry) deposits of the Mt
Isa area.
PlatSearch NL
Bob Richardson
Managing Director
Please direct any questions to Bob Richardson on (02) 9906 5220 or 0414
592 080.