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Project : TENNANT CREEK JOINT VENTURE - QUEEN OF SHEBA

Mining
Open Cut
  Estimated Project Value
$ 500,000
Address Various tenements in the vicinity of
Suburb Tennant Creek
State NT
Council Barkly Shire
Postcode 0860
Project Type Resource - Gold/Base Metals
Development Type New
Status Early
Stage Exploration, Drilling, Survey & Assessment
Ownership Private
Notes
Currently Preparing Exploration Programme & Budgets For 1998/1999
Commence Date 3/8/2006
Completion Date 4/7/2009
Details
  • Interpretation & modelling of recently acquired detailed helicopter magnetic data has identified a high priority target at the Queen of Sheba Prospect.
  • Previous work at this location although returning encouraging results failed to intersect economic mineralisation.
  • With the aid of the new data & downhole magnetic probe surveys, a large magnetic body has been modelled at depth with two near surface extensions neither of which have been intersected by previous drilling.
  • Camelot Resources NL will be known as Pacific Mining Corporation Ltd effective late May/early June 1998.
 
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