Pascalle Gold

Highlights

  • 75km2 located in the Paterson province - one of the most sought-after exploration districts in Western Australia

  • Proximity to Newcrest’s Telfer Mine (14km) and Greatland Gold’s Havieron discovery (20km)

  • 5 untested magnetic anomalies identified to date

Location

Pascalle Panorama.jpg

The Pascalle Gold Project is located in the heart of the Paterson Province within 20km of Newcrest Mining’s (ASX:NCM), 32Moz Telfer Mine.  Renewed exploration of the Paterson Province in recent years has resulted in significant discoveries, including Greatland Gold’s (AIM:GGP) Havieron Discovery (with results including 275m @ 4.8g/t Au and 0.6% Cu) and Rio Tinto’s (ASX:RIO) Winu Discovery (with results including 60m @ 1.2g/t Au and 1.0% Cu).

 

Gold mineralisation is linked to specific trap structures associated with regional scale basin bounding faults and granite emplacement.  Significant exploration expenditure has resulted in enhanced understanding of geological controls on mineralisation over the last 4 years and encouraged new concepts in exploration.

Geophysical Map of Pascalle Gold Project showing identified targets

The Pascalle tenement is situated roughly equidistant between Telfer and Havieron.  The tenement is bound by regional faults to the NE and SW which are fed by granitic intrusions on the northern and southern edges of the property.  Bedrock sits beneath 20-50m of cover limiting the application of traditional geochemical methods. The tenement was held by Newcrest Mining until 2017 and has been subject to only regional geological and geophysical study.

 

Five targets have been identified beneath shallow cover where it is believed structural traps may have concentrated mineralising fluids as they moved along regional faults:

  • Pascalle: 2.0km x 2.0km ‘Bullseye’ target bisected by N-S trending structure, similar in nature to geophysical footprint of Havieron

  • New Axis: 1.5km x 1.0km ‘Horseshoe’ target along interpreted dome fold axis

  • Sheppard: 1.5km x 1.0km ‘Horseshoe’ target adjacent to O’Callaghans Granite

  • Wilki: 2.0km x 1.5km ‘Magnetic Break’ target at junction of regional fault and Wilki Granite

  • Jarrah: 1.5km x 1.0km discrete ‘Linear’ target along interpreted fold axis

Similarities between Pascalle target (left) and Havieron (right at same scale) showing ‘Bullseye’ target, N-S structure and relationship to regional structure.  Difference in resolution is related to difference in depth with Havieron occurring at >450m.

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