Olivers Patch Area
Beacon, Candle, Lantern, Olivers Patch and Cap Lamp
The area is considered prospective for a number of gold mineralisation types including:
- Shear zone hosted lode style mineralisation hosted in mafic, ultramafic and felsic volcanics
- Banded Iron hosted “Hill 50” style replacement deposits
- High grade quartz vein “Day Dawn” style mineralisation hosted within dolerite and basalt
- Felsic porphyry hosted quartz stockwork and ladder vein mineralisation
The stratigraphic sequence to the west of and adjacent to the Big Bell shear contains all the above rock types and systematic exploration has not been undertaken historically where the NNW trending splays off the Big Bell shear intersect these lithologies. Previous explorers have noted repeated observation of sericite-chlorite-carbonate alteration and pyrite-arsenopyrite mineralisation associated with gold mineralisation, which the company believes indicative of large Archean gold hydrothermal systems.