Central West Gold, with JV partner Goldsearch (75% interest), hold 3 Exploration Permits in the Mary Kathleen District of Queensland, which is highly prospective for vein and breccia complex hosted uranium deposits.
All exploration work is managed by Goldsearch.
Many uranium occurrences are known throughout the mining district, with the Mary Kathleen Mine being the most prominent. Mary Kathleen historically produced 9.2 million tonnes of ore at 0.11% U3O8 between 1958 and 1982.
The EPM’s cover 243 km2 and include 3 separate prospects which are the focus of the exploration activity. The prospects are:
 Elaine Dorothy
Anomaly M
Mount Dorothy
Elaine Dorothy
At Elaine Dorothy, a number of drilling programs were conducted between the 1950’s and 1970’s. These programs highlighted an extension of mineralisation in a north-westerly direction for approximately 500m, continuing down-dip for approximately 100m.
A recent five hole RC drill program was conducted by CWG/Goldsearch, and one hole, from the southern end of the mineralised zone, returned a 4 metre intersection which assayed 0.047% U3O8.
High scintillometer readings were taken at three locations in this area, associated with a dolerite dyke at the contact between a gneiss unit and calcareous metasediments. Rock chip samples were taken at this location for further analysis.
(Fig.1)
Anomaly M
Anomaly M is an area of gossan outcrops within the Corella Formation, 20km to the south of Elaine Dorothy. Rock chip samples in this area have returned up to 490 ppm uranium, 1.75% copper, 114 ppm molybdenum and 1860 ppm zinc. High scintillometer readings 13 time background levels were also recorded. These results coincide with a 4km long uranium anomaly outlined by an airborne radiometric survey.
Mount Dorothy
Mount Dorothy is located 20km south-west from Mary Kathleen. In this area, scintillometer readings of 4 times background levels were recorded, extending for approximately 750m. These readings coincide with a discrete anomaly in the regional radiometric data.
Exploration work to define further drill targets is continuing in these three areas.
|
