El Dorado Deposit
The mineralisation at El Dorado is situated on a north-northwest trending mafic/ultramafic package with sediments and felsic volcanics of the Black Flag Beds forming the footwall. Gold mineralisation is hosted predominantly in a 20m wide steeply east dipping shear zone, with quartz veining +/- arsenopyrite and has a northerly plunge. Assay results from Reverse Circulation (RC) drilling has confirmed the continuity of a broad zone of high-grade mineralisation directly below the current Mineral Resource, correlating with recently reported results and indicating an increasing grade profile at depth.
The El Dorado deposit has a current JORC Resource of 471kt @ 1.49g/t Au for 22.5koz of contained Au.
Eldorado >=0.50g/t Au above 200mbs – OP resource