Work will start on the Dragon tenement focusing on gridded, soil sampling of three selected target areas covering the Southern Dykes area as well as the ultramafic shear and fault zones.
In addition to the soil sampling, there will be an extensive field reconnaissance and rock chip sampling program covering the remaining tenement area with the view to possibly locate additional target areas for future follow-up work.
A step towards development
Managing director Joe Graziano said: “Commencing the soil sampling and field reconnaissance at Dragon tenement coupled with the inaugural drilling program being planned for the Knight tenement is another step towards developing the Dragon & Knight Project.”
Two field crews each comprised of one geologist and one field technician will be deployed this week to begin work on the soil sampling and field reconnaissance programs.
The Widgiemooltha dykes that transect the Dragon tenement have two orientations, 075° and 085° around 28 kilometres down strike from the St George Mining Mt Alexander project.
This host komatiite is part of the Mount Clifford Komatiite Formation, which possesses relict cumulate, olivine-spinifex and pyroxene-spinifex texture and is metamorphosed with locally well-developed schistosity.
The Sinclair project komatiite lies within a regional shear zone that extends for up to 68 kilometres with the interpreted southernmost extent of the Sinclair project komatiite (Mount Clifford Komatiite) lying around 2.2 kilometres north of the Dragon tenement boundary.
The nickel-sulphide bearing komatiite may continue south into the Dragon tenement, which will be tested during the current exploration program at Dragon.
These shears may be related to an extensional episode that led to the Raeside batholith emplacement and are historically known to host gold and PGE’s.
Dragon – the next stage will involve a drilling program based on the current soil sampling and reconnaissance results.
Knight – a drilling program is being planned for this tenement.