Investor Presentaiton
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3
Billabong Creek and
Riversdale North Prospects
2019 mapping and rock chip sampling identifies
new copper and gold mineralisation
Riversdale North:
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Assays and mapping identified oxidised chalcopyrite associated
with epidote veins and alteration, including a gold + base metal
gossan assaying 2.81g/t Au, 0.4% Cu and 1.3% Pb
Consistent with the large-scale porphyry copper-gold systems like
those seen at Northparkes and Cadia Ridgeway
Billabong Creek / North:
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Mapping identified a partially oxidised chalcopyrite (copper
sulphide)-bearing breccia immediately adjacent to the eastern
side of the porphyry, with rock chips ranging from 0.2% to 0.5%
copper
Although not extensive on surface, the source of the copper
within the breccia supports the potential for a buried porphyry
system at depth
Shallow historical RAB drilling not an effective test
5m @ 0.28g/t Au, 1,125ppm Zn
578 000mE
5m @ 0.28g/t Au,
1,125ppm Zn
Billabong North
383
Porphyry Target
Epidote Alteration - Veins
Structures
Rock Chip Sampling Cu ppm
>3000
1,000 - 3,000
300-1,000
100-300
<100
Breccia near Monzonite
Up to 0.5% Cu
Billabong Creek
580 000mE
lo
Nangus Road
N
Transported
Sands
Transported
Sands
Gossanous Vein
2.8g/t Au
4.0% Cu
1.3% Pb
Riversdale North]
0399
A
6 122 000mN
6 120 000mN
Peko (1991) Shallow RAB
2km
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