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Project : WALLENDBEEN PROJECT

Mining
Open Cut
  Estimated Project Value
$ 1,000,000
Address Approx 20 kms north of
Suburb Cootamundra
State NSW
Council Cootamundra
Postcode 2590
Project Type Resource - Gold/Copper/Nickel/Cobalt/Platinum Group
Development Type New
Status Early
Stage Exploration, Drilling, Survey & Assessment
Ownership Private
Notes
New Developer Named Drilling Programme Likely To Commence Early 2001
Commence Date 7/5/2010
Completion Date 1/5/2011
Details
  • Wallendbeen contains a number of old gold, manganese, copper and chromite workings.
  • Historic drill results from the Fontenoy prospect returned broad zones of copper mineralisation including 16.1 m at 0.4% copper.
  • Drill intercepts obtained by Michelago indicated significant zones of gold mineralisation, including 27 m at 0.42 g/t gold and 0.11% copper from surface.
  • Of particular interest is a sequence of serpentinites, mafic volcanic rocks and gabbros, known as the Jindalee Group with potential to host nickel and platinum group elements.
  • EL 5813.
  • Michelago Ltd was the former developer.
  • Anaconda Nickel has taken a two year option to explore for laterite nickel minerals, including nickel, cobalt, platinum group elements and related minerals.
  • GCR retains the rights to other minerals.
 
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