Additionally, more localised discrete, moderate to weak, anomalies were also identified. All anomalies are considered to be of significant exploration interest. While most are expected to be due to strongly graphite mineralisation, some may be associated with sulphitic gold bearing quartz reefs or gold bearing quartz reefs closely associated with graphite.
The red stars indicate the strongest/higher priority anomalies, with the black stars indicating the additional moderate to weak anomalies. Graphite is particularly conductive and commonly well defined in HEM surveys. Many of the anomalies are represented as extensive linear type conductive zones with a welldefined shallow easterly dip. There is also possible evidence for the presence of more localised, thicker fold-type/pipe-like, conductive zones. The targets to be tested in this drilling campaign will be areas within the following EM anomalies, S2, S3, S4 North, S4 South & S7 (Figure 1).
After this drilling program is completed, the Company plans to undertake more RC drilling in combination with diamond core drilling in March or April next year after the end of the wet seasonFor further information
Contact:
Email: info@cratergold.com.au
Website: www.cratergold.com.au
COMPETENT PERSONS STATEMENT
The information contained in this report relating to exploration activities at Croydon is based on and fairly represents information and supporting documentation prepared by Mr
Forward Looking Statements
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