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ASX Announcement
10th March 2022
Australia United Mining Ltd | ABN 35 126 540 547
Suite 606, 84 Pitt Street Sydney NSW 2000
PO Box 20634, World Square NSW 2002
Ph 02-9252 4525 | Fax 02-9252 4525 | www.australiaunitedmining.com.au
For personal use only
Up to 37.1 g/t Au from Rock Chip Sampling at Forsayth
Australia United Mining Limited ("the Company" or "AYM") is pleased to present results from mapping and rock chip sampling conducted over AYM's tenements at Forsayth in North Queensland. Fifty‐one gold mines and mineral occurrences are known to lie within the tenements held by AYM (EPM14998, ML3417, ML3418) (Figure 1). The bulk of the gold deposits around Forsayth are Early Devonian shear‐ hosted lodes that may have steep or shallow dipping orientation and often lie on kilometre scale structures.
High priority structures identified in a regional data compilation and targeting study were followed up on the ground. Sampling of the outcropping gold bearing quartz reefs was conducted with the aim of identifying "open‐pittable" gold resources that could supplement the ore being mined at the Ropewalk goldmine (ML3417). Composite rock chip samples were collected mainly from outcrops along strike from old mine workings and are described in Table 1. Anomalous gold results were obtained from samples of vein material collected along strike from the All Nations, Forget‐me‐not, Trafalgar and Mountaineer mine workings (Figure 2 and 3; Plate 1). A composite sample of silicified and veined phyllite from a ridge in the southeast corner of the EPM (sample #12809) assayed 4.13 g/t gold (Figure 3).
The results of the rock chip sampling programme show that the vein systems identified warrant follow‐ up sampling.
Australia United Mining Ltd ABN: 35 126 540 547
Suite 606, 84 Pitt Street Sydney NSW 2000
PO Box 20634, World Square NSW 2002
Ph 02-9252 4525 | Fax 02-9252 4525 | www.australiaunitedmining.com.au
143.6 ° | 143.65 ° | 143.7 ° | ||
-18.55 ° | -18.55 ° | |||
nlyo | Queenslander | |||
use-18.6 ° | Nil Desperandum | |||
FORSAYTH | ||||
EPM14498 | -18.6 ° | |||
Einasleigh | ||||
Gold | ||||
occurrences | ||||
-18.65 ° | -18.65 ° | |||
personal | EPM14498 | |||
Ropewalk | Flying Cow | |||
Opencut | Underground | |||
ML3417 | ||||
ML3418 | ||||
-18.7 ° | -18.7 ° | |||
For | ||||
Forsayth | ||||
QLD | ||||
-18.75 ° | 143.6 ° | 143.65 ° | 143.7 ° | -18.75 ° |
For personal use only
TABLE 1: EPM 14498 ROCK CHIP SAMPLE LOCATIONS, DESCRIPTIONS AND GOLD ASSAYS
sample | |||||
no | Location | E | N | Au | Description |
Sheared, multiphase buck white, fractured | |||||
East of Trafalgar | quartz, cut by stylolites. Limonite after | ||||
21497 | Workings | 771222 | 7945300 | 2.20 sulphides ? Filling fractures and vughs. | |
Multiphase shearing, breccia and veining. | |||||
Parallel layers of sheared qtz and granite with | |||||
banded buck white quartz veining, stylolites. | |||||
East of Forget- | Late vughy , euhedral qtz infill. Vugh cores | ||||
21498 | me-not workings | 774200 | 7941628 | 22.0 filled with limonite after sulphides. | |
Composite sample. Narrow 1m wide lode. | |||||
Striking NW. 50m long , 5-6 pits. Veining | |||||
hosted in muscovite phyllite and quartzite. | |||||
All Nations | Sheared, brecciated, early buck white quartz. | ||||
21499 | workings | 783602 | 7933580 | 23.5 Vughs filled with limonite after sulphides. | |
Sheared and brecciated granite. 85 degree | |||||
strike, vertical dip. | |||||
Med. euhedral buck quartz, recrystallised by | |||||
West of | later shearing. Late fine comb quartz. | ||||
Mountaineer | Limonite boxwork after sulphides lining late | ||||
21500 | workings | 775864 | 7943715 | 37.1 vughs and interstitial to quartz crystals . | |
Coarse, clear-white, crystalline quartz with | |||||
North Arm | large vughs filled by limonite after sulphides. | ||||
workings, | Old workings 10m long x 2m deep x 2m wide. | ||||
Goldsmith | Pit strikes // veins and host phyllite. Dips 55 | ||||
12808 | Station | 784331 | 7933654 | 2.19 | deg. Towards 345. |
Gneiss, cut by NW striking zone of qtz-sericite | |||||
alteration, veining and brecciation. White, | |||||
massive, fractured qtz veins. Often | |||||
brecciated. Vughy, limonite stained boxworks. | |||||
Milled, hydrothermal breccia present in places | |||||
// zone of veining. Breccia includes qtz chips. | |||||
90% fine rock flour matrix. Crude banding in | |||||
Goldsmith | qtz veins in places and replacement of platy | ||||
Station, silicified | minerals (carbonate?) , epithermal? Silicified | ||||
12809 | ridge | 785334 | 7933569 | 4.13 and fractured rhyolite outcrop on ridge. |
- Rock chip samples were collected as a composite sample over a 20m radius. Samples were assayed for gold only by 50g charge fire assay (ALS Laboratories).
Australia United Mining Ltd | ABN 35 126 540 547
Suite 606, 84 Pitt Street Sydney NSW 2000
PO Box 20634, World Square NSW 2002
Ph 02-9252 4525 | Fax 02-9252 4525 | www.australiaunitedmining.com.au
770,000 mE | 772,000 mE | 774,000 mE | 776,000 mE | 778,000 mE | 780,000 mE | |||
7,946,000 mN | 7,946,000 mN | |||||||
only | Trafalgar | |||||||
2.2 | ||||||||
7,944,000 mN | 7,944,000 mN | |||||||
use | 37.1 | |||||||
Mountaineer | ||||||||
FORSAYTH | ||||||||
7,942,000 mN | Forget-me-not | 7,942,000 mN | ||||||
EPM14498 | ||||||||
22.0 | ||||||||
N | GOLD OCCURRENCE | |||||||
CREEK | ||||||||
MINERALISED LODE | ||||||||
SAMPLE LOCATION AND | ||||||||
GOLD ASSAY (g/t) | ||||||||
7,940,000 mN | mE | 7,940,000 mN | ||||||
ersonalp | 772,000 mE | 774,000 mE | 776,000 mE | 778,000 mE | 780,000 mE | |||
2km | ||||||||
GDA94 Zone 54 | ||||||||
770,000 | ||||||||
r |
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Australia United Mining Limited published this content on 10 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 March 2022 07:22:07 UTC.