MinRex is gearing up to advance Daltons exploration
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MinRex is preparing to carry out ground reconnaissance and exploration programs at its Daltons gold-silver-copper project after completing a review of previous work.
The report underscored the project’s potential to host substantial amounts of gold-silver-copper mineralisation.
MinRex Resources (ASX:MRR) chief executive officer Pedro Kastellorizos said that extremely high-grade gold, silver and copper historical rock chip assays – such as 140 grams per tonne (g/t) gold, 26.6g/t silver and 8.17% copper at the Daltons No.1 Shaft – highlighted a polymetallic mineralised environment in the project area.
“We have identified extensive geochemical, structural and geophysical targets within the project,” he added.
“High-resolution magnetics and structural interpretation have clearly defined potential gold, silver and copper mineralisation targets.
“By completing this process, we have advanced the company’s strategy by identifying priority target areas which have the potential for delineating undiscovered gold, silver and base metal mineralisation”.
The review also highlighted historical reverse circulation drilling that targeted the Daltons No 1 and No 2 shaft areas which returned results such as 2m at 3.13g/t gold from 9m and 3m at 2.86g/t gold from 2m.
Dalton is part of the company’s Western Australian portfolio and covers about 14.5sqkm in the Eastern Pilbara.
Historical gold workings at the project can be traced for about 1,500m of strike with the main quartz lode marked by workings for about 700m with a maximum width of 10m and about 5.543kg of gold was produced at an average grade of 13.5 grams per tonne (g/t) gold.
There are several shafts, two of which extends to depths of over 20m, an inclined adit and some open stoping. There were copper minerals as well as gold in the workings.
Workings at Dalton lie within a structurally favourable zone, in strongly sheared rocks near the hinge of a south-plunging synformal anticline within a restraining bend of a sinistral shear system.
Ground reconnaissance is currently being planned to complete site visits over all the geochemical and geophysical targets.
MinRex intends to either undertake an airborne electromagnetic survey or ground induced polarisation survey to map the potential bearing sulphides/quartz lodes at depth.
Depending on the results of the survey, a reconnaissance drilling program will be designed to target any strongly mineralised zone delineated by the geophysical survey.
All geophysical target areas will undergo a brief reconnaissance to assess if any structural measurement can be taken and if outcropping mineralisation is present for further geochemical sampling.
This article was developed in collaboration with MinRex Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.