The Jillewarra Project covers part of the Mingah Range Greenstone Belt and are located between 50-75km WNW of Meekatharra, within the Meekatharra Mineral Field in the Murchison Province of Western Australia.
The North Murchison Goldfields have recently had resurgence in polymetallic exploration with the discoveries of the Doolgunna Project (Sandfire Resources NL) and the Austin Project (Silver Swan Group).
Broads Dam Project is in the heart of the rich Eastern Goldfields Province of the Yilgarn Craton, Western Australia, surrounded by major producing gold mines including the Kalgoorlie Super Pit, Kundana, Mt Pleasant, Paddington and Ora Banda operations. Additionally the company’s Pilbara Gold project whilst in an area more known in modern times for its iron ore – is originally an area known largely for its hosting of the Telfer Gold Mine (5 million ounces).
Significant logistic privileges
Exploration drill rigs and equipment available via JV partner – ready to mobilise. MBK’s Jillewarra Project is less than 45km from the world-class Doolgunna Projects (Sandfire Resources NL) are literally surrounded by existing infrastructure. and operating Gold mines.
Defined High-Grade Gold Follow-up Targets
The Broads Dam Project have demonstrated Gold mineralisation from extensive successful exploration.
Extensive exploration has shown that the Broads Dam Gold Project tenement package is highly prospective for gold mineralisation. Over 100,000 metres of drilling conducted across the 14 Broads Dam tenements (CMG holds 4).
Drill ready Gold targets identified, through previous gold drill hole intercepts and geochemistry. These gold targets form a linear belt parallel to the auriferous Zuleika Shear Zone, and are immediately along strike from the recently mined gold deposits of Broads Dam and Blue Funnel, which together produced over 137,000oz of gold.
Geological Report on JILLEWARRA
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Metal Bank Limited’s portfolio consists of the Jillewarra Project, Western Australia. The Jillewarra Project incorporates a significant portion of the Archaean Mingah Greenstone Belt, which has been folded into a broad south-plunging anticline. High-grade gold mineralisation has been identified by previous mining and exploration activities along the south-western limb of the structure.
Previous exploration within the Project area has identified gold and to a lesser extent copper mineralisation along; the Jillewarra Shear Zone, the possible thrust fault plane at Zapata and the Jillewarra-Wardabie Shear. These targets have been partially explored with mineralisation identified to date remaining open in several areas. Copper and nickel mineralisation has been identified within layered ultramafic/mafic sills in E 51/1114. The margins and strike extensions of ultramafic units within the Project area have not been tested for mineralisation.
Three historic Gold Mining Centres; the Chesterfield, Jillewarra and Wardabie, three significant structural features; the Jillewarra Shear Zone along the southern granite/greenstone contact, thought to be a projected splay fault off the Big Ben fault to the east; the possible thrust fault plane thought to have formed along the axial plane of an asymmetric antiform and the Jillewarra-Wardabie Shear which links the historic Jillewarra and Wardabie Mining Centres; a number of small high-grade epigenetic gold deposits and Pb-Ba vein deposits; layered ultramafic/mafic sills containing anomalous Ni and Cu values and recently identified gold/nickel targets in the Zapata region and to the north and east of the Chesterfield area lie within the Project area.
In summary, the Jillewarra Project covers a large portion of the Mingah Range Greenstone Belt, where significant gold and lesser base metal structural targets and layered nickeliferous ultramafic / mafic sills remain to be fully explored. This provides Metal Bank Limited with the unique opportunity to systematically assess a significant area of under-explored greenstone terrane.