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12 February 2020
Exploration company Navarre Minerals will use a government grant to work in collaboration with the CSIRO to identify potential gold-bearing sites in the region.
The company received money for the program through the Federal Government’s Department of Industry, Innovation and Science Innovative Connections Entrepreneurs Program.
It will work with the CSIRO Mineral Research Division to identify potential gold mineralisation sites along the flanks of ‘Irvine’ and ‘Langi Logan’ basalt areas in Navarre’s Stawell Corridor Gold Project.
The multi-million-ounce gold zone project area stretches 60 kilometres south from Stawell Gold Mine. Navarre managing director Geoff McDermott said his company was excited to be to be collaborating with the CSIRO in ‘cutting-edge and innovative research’.
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“Our Stawell corridor project contains at least seven potential ‘Magdala’ analogues in a 60km long tenement package south, on-strike of Stawell’s Magdala mine,” he said.
He said Magdala’s mineralisation was believed to have resulted from periods of high-fluid flow during periodic episodes of ‘high strain’.
“The research will aim to identify potential high-fluid flow sites at our Irvine and Langi Logan basalt dome projects for drill testing,” he said.
“The research project will use the latest advanced technologies to identify broad areas of high fluid flow in order to reduce the search space and direct drill testing towards areas of potential concealed gold mineralisation.”
Mr McDermott said CSIRO structural geologist Dr Peter Schaubs, with significant knowledge of Victorian gold deposits, would lead the research project.
“Navarre considers there is significant potential to apply computer simulation not only for high-grade gold mineralisation at depth at Irvine and Langi Logan but also for the five other basalt dome targets yet to be appraised within the Stawell Corridor Gold Project,” he said.
“This is another example of Navarre’s innovative approach in reducing the time and cost of exploration by minimising ground disturbance with smart geology and targeted drilling.”
Innovation Connections is part of the Federal Government’s push to drive business growth and competitiveness by supporting business improvement and research collaboration in targeted growth sectors.
The CSIRO has a history of working with the gold sector.
The entire February 12, 2020 edition of The Weekly Advertiser is available online. READ IT HERE!