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Project : ROCKVALE PROJECT

Mining
Open Cut
  Estimated Project Value
$ 5,000,000
Address 30 km north east of
Suburb Armidale
State NSW
Council Armidale Dumaresq
Postcode 2350
Project Type Resource - Silver/Gold
Development Type New
Status Finished (i.e. no further info)
Stage Exploration, Drilling, Survey & Assessment
Ownership Private
Notes
No Further Information Available
Commence Date 1/8/2010
Completion Date 1/9/2013
Details
  • A moderate sized area of multiple silver-gold-arsenic mineralisation.
  • The principal workings within the licence are the Tulloch and Ruby mines, where narrow, high grade silver lodes in granite have been mined on a relatively small-scale.
  • The Ruby line of lode is spatially associated with a poorly outcropping aplite dyke and is traceable in a northeasterly direction approx.
  • 650 metres.
  • It appears to comprise two sub-vertically dipping silver-rich lodes, the more westerly of which has been worked to a verticle depth of approx.
  • 120 metres.
  • A previous diamond drill hole intersection of this lode averaged 687.5oz/ton silver over a drill width of 1.42 metres.
  • The more or less adjoining easterly lode averaged 40.2oz/ton silver over 2.66 metres.
  • Eight other hole drilled either encountered old working or lower (not quantified) silver values.
  • The results of an I.P.
  • survey indicate extension of sulphide mineralisation (within which other rich shoots might be developed) to the immediate northeast of the main workings.
  • Gold-silver mineralisation has been worked on a small-scale at several localities adjoining the Wollomombi River, about 2km along trend from Ruby.
  • At Silver Point multiple quartz-silver/gold veining is developed in an aplite pipe; the nearjy Union Jack, Little Nell and Little Beauty Mines comprise gold-rich quartz veins, but little is known of their potential.
  • EL 5926.
 
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