|
WEST
PILBARA |
||
|
Background Helix holds approximately 1,400 square kilometres of greenfields tenements targeting precious and base metals in a corridor spanning from Archaean in the north, through the Proterozoic Fortescue formation and into the Hamersley basin to the South. The projects are prospective for buried Radio Hill style nickel in mafic/ultramafic intrusives, VMS/VHMS style copper-lead-zinc in the mixed volcanic/volcano-sedimentary lithologies of the Fortescue Group and manganese ± base metals in the basal sequences of the Hamersley Group. Exploration Update The detailed aeromagnetic survey rescheduled from the last quarter was recently completed; preliminary imagery has been provided for this report. Three areas were flown for a total of 8,500 line kilometres • Area 1 – covering E47/1090, targeted for buried Radio Hill Style nickel bodies. The survey has confirmed and more clearly defined several discrete buried magnetic bodies associated with a regional NE structural corridor. • Area 2 – covering E47/1144 & E47/1145 –VMS/VHMS prospective lithologies over 20km of strike with coincident base metal geochemical anomalism and along strike from Fox Resources’ VTEM anomalies on their neighbouring tenements. • Area 3 – E47/1169-1170 Covers a series of sulphur-rich sediments and possibly manganese-rich sequences in the top of the Fortescue Fm and base of the Hamersley Range sequence. Data Interpretation and modelling will be conducted on these surveys and the information will be amalgamated with the regional geochemistry to assist in identifying specific target areas for additional attention in the 2008 field season.
|
|