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Location: 270 km NE from Alice Springs, Northern Territory, Australia
Level 5, 167 Eagle StreetBrisbaneQueensland, Australia4000
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The copper resources considered for development of the Jervois Project on behalf of KGL Resources Limited comprise Reward, Rockface and Bellbird deposits.Reward is interpreted as an original syn-depositional copper-rich polymetallic massive sulphide deposit that has undergone deformation, metamorphism and some degree of structural remobilisation. Recent modelling of mineralisation by KGL geologists strongly supports the interpretation of a low-grade, broadly stratabound zone, overprinted by higher grade ‘shoots’ that represent structural remobilisation into fold hinges and breccia style structures.Interpretation of higher-grade zones is based primarily on geological logging supported by abrupt changes in copper and/or silver grades. High grade structural shoots are characterised by coarser grained sulphides and magnetite sulphide breccia. The lower grade stratabound halo was defined as greater than 0.5% sulphur. Intervals encompassing high grade shoots and stratabound mineralisation were modelled using Leapfrog software with an anisotropic component conforming to the plunge of measured F2 fold hinges.The tenement is located mainly within the Palaeo-Proterozoic Bonya Schist on the north-eastern boundary of the Arunta Orogenic Domain. The Arunta Orogenic Domain in the northwestern part of the tenement is overlain unconformably by Neo-Proterozoic sediments of the Georgina Basin. The stratabound mineralisation for the project consists of a series of complex, narrow, structurally controlled, subvertical sulphide/magnetite-rich deposits hosted by Proterozoic-aged, amphibolite grade metamorphosed sediments of the Arunta Inlier. Mineralisation is characterised by veinlets and disseminations of chalcopyrite in association with magnetite. In the oxide zone, which is vertically limited, malachite, azurite and chalcocite are the main Cu minerals.DimensionsThe Reward deposits strike over 1.5 km. Within the structural corridor lie five high grade shoots, each approximately 200 m in length and plunging steeply south up to 800 m below the surface. Two lodes lie to the east in the footwall of the Reward structure.The Bellbird deposits strike over 1.3 km. Within the structural corridor lie three defined lodes, ranging from approximately 200 m to 500 m in length, and plunging moderately North. Three mineralised structures lie in the hanging wall position of the main structure and two oblique lodes lie to the east of the Bellbird structure.The Rockface deposits strike over 700 m. Within the structural corridor lie four defined lodes ranging from approximately 100 m to 250 m in length and plunging vertically over 1 km deep.