Porphyry Copper-Gold Targets

Porphyry deposits, even when buried to depths of hundreds of metres, make excellent mining targets due to their large size, simple mineralogy & processing, and the fact that they can often be bulk mined by block caving.

Successful exploration requires:

  • Induced polarisation (I.P.) surveys to detect metal sulphide concentrations and identify drilling targets;
  • Deep drilling to test the targets;
  • Careful geological study to recognise characteristic patterns of rock alteration.

Anthony deposit:  I.P. chargeability anomaly (red-orange) at 100m depth surrounding the molybdenum resource (black outline)

 

Mistake Creek Target (EPM 17488 Mistake Creek)

A large magnetic high reflects a multi-phase intrusive igneous complex.  Porphyry-style quartz-sulphide veins are exposed in a small outcrop area.  A large arcuate magnetic low indicates a broad zone of rock alteration  -  the main exploration target, untested in previous exploration.  Radiometric imagery shows an arcuate potassium channel anomaly, perhaps reflecting porphyry-related potassic alteration.

Mistake Creek magnetic image.  Magnetic low = likely zone of alteration  =  main exploration target,

not tested by drilling

Soil geochemical surveys show extensive copper- and gold-in-soil geochemical anomalies, but there has been only limited drilling, mainly shallow RC holes which have been focused on the magnetic high, not on the magnetic low (considered to represent rock alteration).  RC drilling intersected elevated gold (up to 7m at 0.59 g/t Au) associated with elevated concentrations of other metals copper (Cu), molybdenum (Mo), zinc (Zn) and arsenic (As).

 

Mount McLaren Target (EPM 16524 Logan Creek)

Mount McLaren displays a classic porphyry signature:

  • Multiple igneous intrusions, intersected in drill holes;
  • Veins of quartz-iron oxide (after sulphide);
  • Silica-sericite alteration at surface;
  • A strong potassium signature in radiometric imagery;
  • A large (1500m x 1500m) Mo-in-soil geochemical anomaly surrounded by Cu and Pb-Zn anomalies;
  • A 3,000m x 2,000m zone of elevated I.P. chargeability;
  • Elevated Au Cu Mo As Zn & Pb in drill hole intersections.

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Logan Creek:  Radiometric potassium channel image