Duck Creek

OVERVIEW

4.5 x 5.0 kilometre target area covers favourable magnetic and gravity features identified by analysing pre-competitive airborne geophysical survey data which the Company considers to be part of the prospective Macquarie Arc volcanic sequence.
The broad target area comprises a 10 x 15-kilometre gravity low embayment within the large regional magnetic high.
The Company considers the geological setting highly analogous to the Northparkes mine located approximately 200 kilometres to the south.
Specifically, the Company has identified high amplitude, complex, curvilinear magnetic patterns very similar to those typical of the intrusion-related signatures of the Macquarie Arc mineralized districts.

Ptygmatic quartz veins intersected at 389.40 m and 400.85 m are interpreted to represent porphyry-style “A veins” and thin centreline quartz-pyrite veins present at 389.4 m, 391.25 m and 396.6 m, are interpreted to represent porphyry-style “B veins”.
The Company interprets drill hole DCKDH002 to be highly significant as the hydrothermal alteration is suggestive of an outer potassic, porphyry-proximal zone, which should assist with vectoring towards potential mineralisation. Drill core also contains zones of anhydrite veining which the Company specifically considers important as their presence suggests fluids may have been derived from an oxidized intrusion at depth.

Junee-Narrowmine Belt