“The results from the work to date are outstanding. 27kg of quartz specimens were sent to the Perth Mint and produced 38.3 ounces of gold, and 5.3 ounces of silver. It is not everyday that you send samples to the Perth Mint instead of an assay laboratory.”

Gold mineralisation was announced at the Silica Hills tenements (M47/177 and M47/288) late last year – this approximately 23km southeast of Karratha. By bulldozing and assessing costeans, we found quartz stock within Archean felsic and mafic rock – from here, we collected 27kg of quartz specimens and well, this famous quote from Executive Director Ed Mead sums it up nicely:

“The results from the work to date are outstanding. 27kg of quartz specimens were sent to the Perth Mint and produced 38.3 ounces of gold, and 5.3 ounces of silver. It is not everyday that you send samples to the Perth Mint instead of an assay laboratory.”

The Perth Mint reported gold at 86.83% and silver at 12.67%, hence the previous metal purity is 99.5%. The gold mineralisation was discovered by bulldozing some costeans and we found surface gold over a potential 1.8km strike.

Around the same time last year, we acquired a share in Shear Zone Mining to give us access to the adjacent tenements (M47/93 and M47/232) – which we call Mt Sholl. Together these four mining leases and one large exploration lease (E47/1746) will be the focus of further exploration for gold at Silica Hills. In fact, in late August 2017 we announced further costeaning and metal detecting – which has recovered 26 ounces of gold nuggets. A sample was given to the Perth Mint for assays again, this time returning 22.8oz of fine gold and 3oz of silver – with a purity of 87.63& gold, 12.27% silver for a total of 99.9% precious metal purity.

We’ve submitted a new exploration plan for 90 test pits across a 25m x 25m grid on M47/177 and also 80 test pits across of 100x x 100m grid on E47/1746. Each of these 170 test pits will be 2m x 2m x 2m. We’re working with the Ngarluma Aboriginal Corporation for Aboriginal Heritage surveys and we’re working with the Department of Mines, Industry Regulation and Safety for our excess tonnage application.

 

silica hills quartz

 

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