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Location: 56 km E from Mount Isa, Queensland, Australia
Level 6, 120 Edward StreetBrisbaneQueensland, Australia4000
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North Queensland Operations includes three deposits, Mt Colin, Barbara and Lillymay. The deposit is considered an ISCG (iron sulphide copper gold) classification. Mt Colin The deposit strikes approximately 295o (MGA), and dips approximately 75o NNE. It is hosted by metasomatised calc-silicates of the Corella Formation (1750-1738Ma), at surface, and by the Wonga-suite Burstall Granite (1745-1726Ma) at depth. Mineralisation principally controlled and essentially contained within the WNW-ESE striking planar Mt Colin fault. The broad-scale geology appears relatively simple and straightforward. The mineralised zone is dominated by pyrrhotite gangue to the east, and carbonate dominated gangue to the west. Known extent of +1.5% Cu mineralisation is approximately 400m in strike length, 500m down-dip, and up to ~10m in true width. The Mineral Resource extends to these limits. Barbara The deposit can be broken into main areas North, Central and South. Southern Lode of Barbara mineralization (+0.5% Cu) extends for approximately 230m in strike length (local N-S), averaging approximately 15m in true width (between 1m to >25m). As modelled it extends at least 580m down-plunge (550m below surface). The Mid and Northern Lodes average 3-5m in width over a combined strike length of 400m and to 180m below surface. Lillymay The Inferred Resource outcrops at surface and has been defined over a strike length of 400m, and down-dip for 140m. The larger E Lode is approximately 250m in strike length, separated from the 100m W lode by a 50m sub-grade zone. Resource widths vary from <1m to ~5m in true width.
