The survey provided a highly accurate and detailed model of surface terrain, which helped identify historical mining topography, and current and historical artisanal mining, as well as potential geological features and water drainage patterns.
The information is expected to assist and enhance the broader drilling and exploration program.
LiDAR image of the Cooktown stockpile
A stockpile of mineralised material was discovered at Cooktown Dump, a large area adjacent to the Tonowak Pit, which contains 3.6 million tonnes of low-grade material average 0.5 to 0.7 g/t gold.
This dump remains intact with its position matched against mine survey files created during mine closure by previous mine operator Placer.
The company’s exploration strategy is now focused on discovering and defining near-surface satellite mineralisation at prospects including Ginamwamwa, Quartz Mountain and Ara Creek.
Adding near-surface resources is likely to enhance the economic potential of any possible future mining operation.
The proximity and minimal mining costs of this stockpile material make it an excellent early feed source to any future development plan.