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PACE COLLABORATIVE DRILLING
THE STORY SO FAR
Stuart Robertson
EXIT
PACE COLLABORATIVE DRILLING
SA Government Funding For Exploration Drilling
Why?
• Increase exploration drilling metreage
• Development and testing of exploration
concepts
• Assist exploration through sediment and
regolith cover
• Improve exploration relevant information base
for SA
• Improve perceptions of prospectivity
• Accelerate discovery - drilling is the key to
discovery
PACE COLLABORATIVE DRILLING
The Program
• Total collaborative drilling budget $1.7 m per year for 5
years from 2004–5 to 2008–9
• Funding for up to 50% of total drilling costs but not
other project costs
• Projects assessed against geological and economic
criteria
• Projects managed by proponents in consultation
with PIRSA.
• Early release of results encouraged – maximum
3 months confidentiality after completion subject to
ASX requirements
• Guidelines and Assessment criteria on
PIRSA Minerals Website
PACE COLLABORATIVE DRILLING
Year 1 Program
• Call for Year 1 proposals and
announcement of approved
proposals July – September 2004
• 28 Year 1 Projects approved for
completion by June 2005
• Results available for 5 Year 1
Projects
• Completion slower than expected
due to Land Access and
Operational difficulties particularly
availability of drilling rigs
• In future possible ‘Bundling’ of
project metres to attract more
drilling rigs to SA
• Call for Year 2 proposals and
announcement of approved
proposals February – April 2005
• Total 42 Year 2 Projects
approved
• 11 Year 2 drill ready Projects
approved for ‘fast track’
completion by June 2005
• 31 Year 2 Projects approved for
completion by June 2006
PACE COLLABORATIVE DRILLING
Year 2 Program
Tasman Resources NL
Olympic Sub Domain – Gawler Craton
• DPY1 – 02 Titan Prospect
Hole finished in Pandurra Fmn at
800m
• DPY1 – 03 Marathon South
> 270m haematite-sericite-silica-
carbonate altered breccia
Sporadic anomalous Cu and Au
but part of large hydrothermal
system?
Tasman Resources, Marathon South – Haematitic Breccia
Mithril Resources
Harris Greenstone Belt – Gawler Craton
• Map with DPY1- 10
• DPY1 – 10 Talia Hill
• Shallow aircore drilling of
weathered komatiite
• Broad zone of elevated Ni,
Co, Fe
• Large footprint geochemical
anomaly in regolith
• Shallow drilling may be part
of viable exploration strategy
for Ni sulphide in region
• Cross Section with 1500 and 3500 ppm Ni Contours
• Courtesy of Mithril Resources
6590900mE
6591000mE
150 mN
6591000mE
6590900mE
50 mN
6590700mE
6590800mE
150 mN
6590700mE
6590800mE
50 mN
TH
R
C
029
TH
R
C
030
TH
R
C033
TH
R
C
032
THR
C
031
3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni
Harris Komatiite
felsic rocks
felsic rocks
Mullina Prospect, Line 7800 mE
1 : 1000
NO VERTICAL EXAGGERATION
1500 ppm and 3500 ppm Nickel contours
?????????
?????????
?????????
?
?????????
?????????
?????????
?????????
TALIA JOINT VENTURE E.L. 2842, South Australia
Courtesy Mithril Resources
Adelaide Resources
Gemini Prospect – Mt Woods Inlier
• DPY! – 13 Gemini Prospect
• 2 holes to basement ` 200 m
• GRV? Rhyolite and Basalt
• Extensive haematite
alteration, calcite and fluorite
veins
• Elevated rare earths
• HyLogger – muscovite and
phengite spectra at base of
1 hole
Scope = TSA_A Mineral1{0:45}; 585 points; Aux: TSA_A Mineral1
Depth
Count
224 255.505 287.01 318.516 350.021
07.51522.530
Aux
0
4.5
9
13.5
18
22.5
27
31.5
36
40.5
45
NULL
Scope = TSA_A Group1 : Al(OH)-1; 352 points; Aux: TSA_A Mineral1
Depth
Count
224 255.505 287.01 318.516 350.021
07.51522.530
Aux
Il l ite
Mus covi te
Phengite
Montmoril l oni te
NULL
Scope = TSA_A Group1 : Carbonate; 33 points; Aux: TSA_A Mineral1
Depth
Count
224 255.505 287.01 318.516 350.021
01.252.53.755
Aux
Cal cite
Dol omi te
Ankeri te
Magnesi te
Si deri te
NULL
GEMRC2
Mg Clays (derived from weathering
Mg basement?)
Montmorillonite and phengite
Al(OH) micas
Phengite/SericiteEpidote
Siderite dominant Carbonate
Montmorillonite and phengite
Al(OH) micas
Phengite/Sericite
Minotaur Resources
Mt Woods Inlier – Groundwater
• DPY1 – 47
• 2 Holes encountered good
flows of water from Permian
sand and gravel
• Permian sediments are
potential source of water for
Prominent Hill development
PACE Drilling Year 1 and 2
Target Deposit Styles
• Iron Oxide Copper Gold 27
• Ni/PGE 14
• Gold Vein/Lode 7
• Cu/Au Other Styles 7
• Pb-Zn-Ag Broken Hill Type 3
• Pb-Zn-Ag Stratiform-Stratabound 3
• Uranium 3
• Heavy Mineral Sands 3
• Geothermal Energy 3
• Opal 2
• Volcanic Hosted Massive Sulphides 2
• Diamonds 2
• Groundwater 1
PACE Drilling Year 1 and 2
Target Regions
• Gawler Craton 36
• Curnamona Province 14
• Musgrave Province 4
• Stuart Shelf, Adelaide Geosyncline, Kanmantoo 8
Province (Kanmantoo Trough, Murray Basin Basement)
• Eucla Basin 3
• Opal Fields – Eromanga Basin 2
Deposit Styles – Opportunities
• Vein/lode gold
Archaean, Palaeo-, Meso-
and Neoproterozoic, Palaeozoic
• Uranium
– Sediment Hosted
– Hard rock Hosted
• Copper stratiform/stratabound
eg New models for Zambian
Copperbelt style AMIRA P544
• Pb-Zn-Ag
Stratiform/Stratabound/BHT
Late Palaeoproterozoic
metasediments
• Iron Ore
Regions and Events – Opportunities
• Gawler Craton for other rock
units and styles
• Stuart Shelf, Adelaide
Geosyncline, Kanmantoo
Province
• Delamerian Orogeny
~ 500 Ma
• ~440 Ma Thermal Event
eg Mt Painter?, Burra copper?

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Sariec robertson

  • 1. PACE COLLABORATIVE DRILLING THE STORY SO FAR Stuart Robertson EXIT
  • 2. PACE COLLABORATIVE DRILLING SA Government Funding For Exploration Drilling Why? • Increase exploration drilling metreage • Development and testing of exploration concepts • Assist exploration through sediment and regolith cover • Improve exploration relevant information base for SA • Improve perceptions of prospectivity • Accelerate discovery - drilling is the key to discovery
  • 3. PACE COLLABORATIVE DRILLING The Program • Total collaborative drilling budget $1.7 m per year for 5 years from 2004–5 to 2008–9 • Funding for up to 50% of total drilling costs but not other project costs • Projects assessed against geological and economic criteria • Projects managed by proponents in consultation with PIRSA. • Early release of results encouraged – maximum 3 months confidentiality after completion subject to ASX requirements • Guidelines and Assessment criteria on PIRSA Minerals Website
  • 4. PACE COLLABORATIVE DRILLING Year 1 Program • Call for Year 1 proposals and announcement of approved proposals July – September 2004 • 28 Year 1 Projects approved for completion by June 2005 • Results available for 5 Year 1 Projects • Completion slower than expected due to Land Access and Operational difficulties particularly availability of drilling rigs • In future possible ‘Bundling’ of project metres to attract more drilling rigs to SA
  • 5. • Call for Year 2 proposals and announcement of approved proposals February – April 2005 • Total 42 Year 2 Projects approved • 11 Year 2 drill ready Projects approved for ‘fast track’ completion by June 2005 • 31 Year 2 Projects approved for completion by June 2006 PACE COLLABORATIVE DRILLING Year 2 Program
  • 6. Tasman Resources NL Olympic Sub Domain – Gawler Craton • DPY1 – 02 Titan Prospect Hole finished in Pandurra Fmn at 800m • DPY1 – 03 Marathon South > 270m haematite-sericite-silica- carbonate altered breccia Sporadic anomalous Cu and Au but part of large hydrothermal system?
  • 7. Tasman Resources, Marathon South – Haematitic Breccia
  • 8. Mithril Resources Harris Greenstone Belt – Gawler Craton • Map with DPY1- 10 • DPY1 – 10 Talia Hill • Shallow aircore drilling of weathered komatiite • Broad zone of elevated Ni, Co, Fe • Large footprint geochemical anomaly in regolith • Shallow drilling may be part of viable exploration strategy for Ni sulphide in region
  • 9. • Cross Section with 1500 and 3500 ppm Ni Contours • Courtesy of Mithril Resources 6590900mE 6591000mE 150 mN 6591000mE 6590900mE 50 mN 6590700mE 6590800mE 150 mN 6590700mE 6590800mE 50 mN TH R C 029 TH R C 030 TH R C033 TH R C 032 THR C 031 3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni Harris Komatiite felsic rocks felsic rocks Mullina Prospect, Line 7800 mE 1 : 1000 NO VERTICAL EXAGGERATION 1500 ppm and 3500 ppm Nickel contours ????????? ????????? ????????? ? ????????? ????????? ????????? ????????? TALIA JOINT VENTURE E.L. 2842, South Australia
  • 11. Adelaide Resources Gemini Prospect – Mt Woods Inlier • DPY! – 13 Gemini Prospect • 2 holes to basement ` 200 m • GRV? Rhyolite and Basalt • Extensive haematite alteration, calcite and fluorite veins • Elevated rare earths • HyLogger – muscovite and phengite spectra at base of 1 hole
  • 12. Scope = TSA_A Mineral1{0:45}; 585 points; Aux: TSA_A Mineral1 Depth Count 224 255.505 287.01 318.516 350.021 07.51522.530 Aux 0 4.5 9 13.5 18 22.5 27 31.5 36 40.5 45 NULL Scope = TSA_A Group1 : Al(OH)-1; 352 points; Aux: TSA_A Mineral1 Depth Count 224 255.505 287.01 318.516 350.021 07.51522.530 Aux Il l ite Mus covi te Phengite Montmoril l oni te NULL Scope = TSA_A Group1 : Carbonate; 33 points; Aux: TSA_A Mineral1 Depth Count 224 255.505 287.01 318.516 350.021 01.252.53.755 Aux Cal cite Dol omi te Ankeri te Magnesi te Si deri te NULL GEMRC2 Mg Clays (derived from weathering Mg basement?) Montmorillonite and phengite Al(OH) micas Phengite/SericiteEpidote Siderite dominant Carbonate Montmorillonite and phengite Al(OH) micas Phengite/Sericite
  • 13. Minotaur Resources Mt Woods Inlier – Groundwater • DPY1 – 47 • 2 Holes encountered good flows of water from Permian sand and gravel • Permian sediments are potential source of water for Prominent Hill development
  • 14. PACE Drilling Year 1 and 2 Target Deposit Styles • Iron Oxide Copper Gold 27 • Ni/PGE 14 • Gold Vein/Lode 7 • Cu/Au Other Styles 7 • Pb-Zn-Ag Broken Hill Type 3 • Pb-Zn-Ag Stratiform-Stratabound 3 • Uranium 3 • Heavy Mineral Sands 3 • Geothermal Energy 3 • Opal 2 • Volcanic Hosted Massive Sulphides 2 • Diamonds 2 • Groundwater 1
  • 15. PACE Drilling Year 1 and 2 Target Regions • Gawler Craton 36 • Curnamona Province 14 • Musgrave Province 4 • Stuart Shelf, Adelaide Geosyncline, Kanmantoo 8 Province (Kanmantoo Trough, Murray Basin Basement) • Eucla Basin 3 • Opal Fields – Eromanga Basin 2
  • 16. Deposit Styles – Opportunities • Vein/lode gold Archaean, Palaeo-, Meso- and Neoproterozoic, Palaeozoic • Uranium – Sediment Hosted – Hard rock Hosted • Copper stratiform/stratabound eg New models for Zambian Copperbelt style AMIRA P544 • Pb-Zn-Ag Stratiform/Stratabound/BHT Late Palaeoproterozoic metasediments • Iron Ore
  • 17. Regions and Events – Opportunities • Gawler Craton for other rock units and styles • Stuart Shelf, Adelaide Geosyncline, Kanmantoo Province • Delamerian Orogeny ~ 500 Ma • ~440 Ma Thermal Event eg Mt Painter?, Burra copper?