- Castle Minerals (CDT) has begun a high-resolution aeromagnetic survey at its Beasley Creek gold project in WA
- The aim of this survey is to search for structurally controlled orogenic-style gold mineralisation
- In late 2020, bulk stream sampling identified four distinct zones of gold mineralisation, highlighting the perspectivity of the underexplored area
- A site visit to the zones show remnant sulphides and malachite, indicators of copper mineralisation
- The survey will be undertaken by Magspec Airborne Surveys, and the data will be processed and interpreted by Terra Resources
- Castle is up 8.33 per cent on the market and shares are trading at 1.3 cents
Castle Minerals (CDT) has begun a high-resolution aeromagnetic survey at its Beasley Creek gold project.
The Beasley Creek project lies on the northern flanks of the Rocklea Dome in the southern Pilbara region of Western Australia.
The aim of this survey is to search for structurally controlled orogenic-style gold mineralisation.
In late 2020, bulk stream sediment sampling identified four distinct zones of strong gold anomalism, highlighting the prospectivity of the relatively underexplored area.
Of the 47 samples collected, gold grades peaked at 92 parts per billion (ppb).
Source: Castle Minerals
Additionally, a site visit to these zones show remnant sulphides and malachite which is indicative of copper mineralisation.
The survey will be undertaken by Magspec Airborne Surveys and the data will be processed and interpreted by Terra Resources.
“The data from the just commenced 2323 line-kilometre high-resolution aeromagnetic survey will enable Castle to more tightly focus mapping and sampling at Beasley Creek as we advance the project towards the drilling phase,” Managing Director Stephen Stone said.
“Anomalous gold at several locations where we have undertaken bulk stream sediment sampling, the presence of quartz veining proximal to these, observations of remnant sulphide textures and malachite staining in some veins plus the recovery of small gold nuggets in the same localities, all combined reinforces the need to progress this increasingly interesting project,” he added.
Castle is up 8.33 per cent on the market and shares are trading at 1.3 cents at 12:16 pm AEDT.