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The Yilgarn Avon Joint Venture (YAJV) has over 200 sq km at Mortlock, covering the Centre Forest and Southern Brook gold-copper prospects (CFSB Trend) in the Goomalling area 100 km north-east of Perth.
The YAJV Mortlock project includes the right to earn 80% in certain adjacent tenements held by Sipa Resources.
The regional geology comprises high-grade metamorphic rocks extending south from the Wongan Hills greenstone belt. Parallel and to the west lies the Jennacubbine Trend of geophysical-geochemical anomalism.
Wide intercepts of copper-gold mineralisation have been drilled by previous explorers on the CFSB Trend, including 61 m @ 0.83 g/t Au, 37 m @ 0.72 g/t Au and 0.26% Cu, and a diamond core intercept of 25 m @ 0.47 g/t Au and 0.18% Cu.
A composite of drilling and surface geochemistry indicate a zone of copper anomalism of some 6 km length. Airborne EM geophysics shows conductivity anomalies coincident with this geochemical corridor.
The target CFSB zone is open along strike in both directions with a regional geophysical and geochemical signature extending potentially over 20 km. Jennacubbine Trend persists over a similar distance
The YAJV has achieved a 51% interest in the Sipa tenements, at Mortlock.
Drilling of Centre Forest East prospect is to commence at the end of April.
Further geochemical sampling was conducted on targets generated by the AEM and a review completed of existing geochemistry. This work will be progressively added to our exploration models.
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