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PROJECTS
EL 6016 (Fig.1) is a one minute graticule block that lies 6.5 km north of Oberon and covers a highly mineralised area of pervasively silica - sericite altered acid volcanic metasediments.
Mineralisation is associated with quartz, quartz carbonate veining in strongly silicified cherty bands that extend discontinuously throughout the lease.
The chert is thought to have developed in the axes of a series of fold sets,
and repetition of the chert bands at depth can be seen in the drilling.
The mineralised area contains both base metal and precious metal mineralisation and includes the historic workings of Black Bullock. The lease contains nearly 100 pits, shafts, adits and trenches and the area has been worked since 1896.
Historical records list production from The Black Bullock workings as over
2,098 oz of Au and 40,000 oz from 4,700 tons of ore upto 1905.
Modern exploration at Oberon commenced in 1984 and has been carried out by a number of companies. Work done has included
 Mapping.
Soil geochemistry.
Ground geophysics (Magnetics & IP).
RC and diamond drilling (93 holes).
Computer modelling.
This work has highlighted 2 main areas of mineralisation, with the eastern zone containing the old Black Bullock workings and the western zone being centred on the Mt Gossan mine.
(Fig.2 Black Bullock Area, E.L. 6016 Oberon)
Significant results from the drilling include:
7m @ 4.10 g/t Au Northwest Ridge
8m @ 4.05 g/t Au Northwest Ridge
13m @ 5.60 g/t Au Northwest Ridge
3.5m @ 5.01 g/t Au Central West
14m @ 2.25 g/t Au Trig Zone
(Fig.3 Drill Section, Northwest Ridge Prospect)
Computer modelling of the IP geophysics has highlighted a number of sulphide enrichment zones at depth and their relationship to the geology and structure of the area. It has also highlighted the lack of deep drilling across the lease.
(Fig.4 Black Bullock Area, E.L. 6016 Oberon, I.P. Phase)
(Fig.5 3-D I.P. Phases, Oberon)
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