The Kele Project, situated on Vangunu Island in the Western Province of the Solomon Islands.
Exploration has included extensive grid-based and reconnaissance soil, rock and stream sampling programs, auger orientation sampling, ground geophysical dipole-dipole IP and airborne magnetic, radiometric and electromagnetic surveys, reprocessing and interpretation of historical & new geophysical data, extensive diamond drilling and trenching. Spectral, petrographic, geochronology and resource estimation studies have been undertaken by contractors in addition to desktop reviews completed by consultants on historical geochemical and geological data. Remote sensing data (including IKONOS & Geoeye) has also been acquired.
As part of the above work, 152 trenches covering 18,216m were excavated with 9,760 samples collected (PKT01-50, KLTC051-152), 92 diamond drill holes were completed for 14,346.9m (KLDD001-092), an airborne EM survey covering 325 line km’s was undertaken, 138 line km’s of new airborne magnetic and radiometric surveying was completed, 25.8 line km’s of dipole-dipole IP was completed, 56 stream, 4208 soil, 1568 rock, 173 petrology & 8 geochronology samples were collected and analysed.
All of the exploration objectives have been addressed with first pass and detailed follow up exploration, including geological mapping, gridded surface geochemistry, diamond drilling, and geophysics which included testing the southern and central parts of the project area (from Vulu to Babatia North, Kukumbokulu, Orovo and Kele NE) for epithermal Au + Ag mineralisation, and testing the Tango and northern-most Konga target for porphyry style Au + Cu mineralisation. In-house and external consultants have provided independent reviews and interpretations of the Company’s work.
The results of the field work have included defining several viable areas (non JORC-compliant) one of which is a gold resource at Vulu-Babatia for 1.5Mt @ 1.8g/t Au which is hosted in narrow epithermal quartz veins, and intersecting encouraging but sub-economic Au and Cu mineralization in the two porphyry targets, Tango and Konga, hosted by porphyry diorite and hydrothermal breccia.
Is to own and develop sustainable mineral resources, and to be a committed corporate citizen wherever we find ourselves.
Profits are achieved through safe, sustainable and transparent mining and business operations.
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