Hillgrove discovers significant SA geophysical anomalies

30 May 2007 | 07:36 Code : 13958 Geoscience events
visits:71
Hillgrove Resources has identified a strong IP conductor from the latest geophysical....

  Hillgrove Resources has identified a strong IP conductor from the latest geophysical survey conducted over the company’s Wheal Ellen Zinc Prospect, located within the highly prospective Angas/Kanmantoo mine corridor in the Adelaide Hills, South Australia.The polymetallic potential of this corridor has been recently highlighted with the development decision for the high-grade Angas polymetallic mine at Strathalbyn. Hillgrove has scheduled drill testing of this new anomaly to commence in June. Commenting on the results, Hillgrove’s Managing Director, David Archer said: “This strong conductor, plus the recent excellent assay results matched with the production history of the old Wheal Ellen Mine, marks this as a stand out drill opportunity for the potential discovery of a high-grade polymetallic deposit much like Angas.” The most positive aspect of the survey was the discovery of a strong IP conductor identified at depth on the northern line, which is thought to be the down plunge location of the main Wheal Ellen ore body. Hillgrove said this anomaly appears to be related to the silver-lead-zinc mineralisation present at Wheal Ellen, suggesting the potential for a significant new discovery. The survey comprised two dipole-dipole IP lines and a down hole mise a la masse survey. Hillgrove’s primary aim with the survey was to identify a plunge direction for the high-grade shoots that are present. An initial assessment of these results, along with previous drilling results, supports the view that the Wheal Ellen lodes extend further to the south than originally thought by Hillgrove and there appears to be a northerly plunge to the lodes.

tags: QAZVIN


Your Comment :