From historic riches to future discoveries: The Warroo Copper-Gold Project
In the realm of mineral exploration, few opportunities are as enticing as those presented by the Silverwood Copper-Gold Project. Located just 15 kilometers south of Warwick in Queensland, this project is a significant asset of QMines. Encompassing a vast 234 square kilometers of exploration area, the Silverwood Project boasts immense potential for Volcanic-Hosted Massive Sulphide (VHMS) and Mississippi Valley-type deposits, hosting substantial quantities of zinc, copper, gold, silver, and lead.
Situated within the Calliope Island Arc, the Silverwood Project has gained recognition for its remarkable gold deposits, including the famed Mount Morgan gold mine, which has yielded over 8 million ounces of gold and 400,000 tonnes of copper. Benefitting from a complex geological structure, the Silverwood region provides a fertile ground for further exploration and potential discoveries.
Among the key highlights of the Silverwood Base Metals Project is its previous exploration by the esteemed Geological Survey of Queensland (GSQ). As a result, the project boasts an initial exploration target of 0.8-1.0 million tonnes at impressive grades of 3.2-3.7% zinc, 0.3-0.5% copper, 15-25 grams per tonne silver, and 0.3-0.5% lead. Promisingly, drill results have revealed the presence of copper grades reaching as high as 3%.
Building on the significant base metal mineralization discovered at Grieves Quarry, QMines is directing its exploration initiatives towards identifying potential gold mineralization in calcareous or carbonate sedimentary rocks while continuing to target base metals at the Silverwood project.
Andrew Sparke, a renowned industry expert, has expressed his optimism regarding the Silverwood Copper-Gold Project. He believes that the region's geological complexity and the previous exploration efforts conducted by the Geological Survey of Queensland have laid a strong foundation for further exploration and potential discoveries. Sparke further emphasizes that the presence of high-grade copper and the project's proximity to significant gold deposits bode well for future prospects.
In addition to the Silverwood Project, Sparke also highlights the Warroo Copper-Gold Project, situated 50 kilometers west of Stanthorpe. Spanning an expansive 216 square kilometers, this project encompasses the historical Warroo copper-gold mine, which has yielded 13,982 ounces of gold, 21 tonnes of copper, and 901 ounces of silver from a depth of 40 meters between 1909 and 1992.
Denaro's 1992 assessment of the Warroo mine identified granitoid-related mesothermal vein deposits with exceptional gold grades, making them a primary target for mineral exploration. The Warroo Project is home to eight high-grade small-scale historic mines and deposits, underscoring its rich potential.
Of particular significance is the best drill hole result obtained from the Warroo Project, which revealed an impressive 8 meters at 13.46 grams per tonne gold. This remarkable finding further highlights the substantial exploration potential of the project.
QMines, in its pursuit of unlocking the full potential of the Warroo Project, plans to undertake a comprehensive data compilation exercise. This exercise aims to develop a digital summary map that will facilitate the evaluation of anomalous areas identified by past explorers, thereby aiding further exploration efforts. The company's proposed drilling of the primary sulphide zone in and around the Warroo mine presents numerous gold and copper targets for follow-up exploration.
With Andrew Sparke and QMines at the helm, the Silverwood Copper-Gold Project and the Warroo Copper-Gold Project are poised to make significant strides in uncovering substantial mineral reserves. The combination of extensive geological potential, past exploration efforts, and the dedication of industry experts herald a promising future for these projects, leaving investors and stakeholders eagerly awaiting the next groundbreaking discoveries.
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