East Pilbara Project

FAU Talga Project near Marble Bar focuses on the Razorback orogenic gold and Cord Valley VMS prospects. The Project is near existing infrastructure and is central to the gold exploration and mine development currently underway in this rejuvenated Pilbara region.

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East Pilbara, Western Australia

Razorback Gold

  • 208 km2 located 35 kms northwest of Marble Bar
  • Along strike from the Bamboo Creek Mining Centre (mined 779,305t @ 8.19 g/t Au from 1897 to 1995).
  • Prospective for Archean shear-hosted gold
  • Primary target being the Razorback Ridge prospect and geochemical/structural targets in the surrounding area.
  • Razorback is a mesothermal Archaean gold prospect, hosted within metamorphosed mafic and brecciated cherts of the Warrawoona Group, Marble Bar Greenstone Belt.
  • ~700m of strike length near the ridge, with twenty-three of forty-nine aircore drill holes intersecting > 1 g/t Au
  • Best intersects include 16m @ 2 g/t Au (from 0m, drillhole TPAC079), 4m @ 4.7 g/t Au (from 4m, hole TPAC097) and 2m @ 6.2 g/t Au (from 28m, TPAC101).
  • Mineralization is hosted within the same greenstone belt to the Warrawoona Gold Project (1.25 Moz Au) of Calidus Resources (ASX: CAI), which recently completed a successful feasibility study planning to begin construction in March 2021
  • Warrawoona Project is part of a recent rejuvenated in gold exploration of the Pilbara region, which includes the major discovery of the Hemi Deposit (De Grey Mining).

East Pilbara, Western Australia

Cord Valley

  • Volcanic Massive Sulfide (VMS) -style gold/base metal mineralisation at the Cord and Niagra prospects in northern tenements of Talga. Area identified by mapping, elevated soil and rock chip sampling, as well air core drilling
  • Gossanous mineralization seen along a 15km strike length; large areas untested with drilling
  • Surface sampling returned assays of up to 14.3% Cu and 12.9g/t Au
  • Shallow air core drilling returned large widths of gossanous material in numerous drill holes. Widths of gossanous material ranged up to 40m, with geochemically significant (>0.5g/t gold equivalence) values being returned over widths of up to 26m
  • This includes values up to 0.88g/t Au (over 5m), 22g/t Ag (over 2m), 17g/t Ag (over 10m), 2.47%Cu, 0.19% Pb and 0.03% Zn. Additionally, these gossanous intervals were significantly anomalous in other metals including Bi, Sn, Sb and As
  • Multiple bands of stringer and disseminated sulphide mineralisation (py and cpy) evident in RC drilling below oxidation
  • FAU interpret Cord Valley as “Cu-Au stringer zone” (feeder portion) of typical VMS System. More massive sulphide Py-Cu and Zn-Pb dominated cooler temperature part of the system, is yet to be found
  • VMS systems often show dislocation during deformation (which the Cord Valley shows evidence of both shearing and folded stratigraphy). This provides opportunity through new structural interpretation, modern EM and geochemical methods, for a blind discovery of the “high grade massive sulphide” portion of the system at Cord Valley to be discovered

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