Magnetic inversion data helps identify more gold at Nullagine

first_imgMillennium Minerals’ new exploration targeting methodology at the Nullagine gold project in Western Australia has come up trumps, with a new greenfield target identified 1.8 km southwest of its flagship Golden Eagle deposit.The new target, which has already been the subject of reconnaissance drilling, was identified through a combination of 3D magnetic inversion, structural analysis and soil geochemistry.Drilling has returned what Millennium calls a “significant” 12 m intercept comprising a broad zone of highly anomalous mineralisation with a similar alteration to Golden Eagle – where the company has defined 334,400 ounces of resources grading 1.4 g/t Au – including a narrow zone of high-grade gold.The assay that so far best characterises this is a 12 m interval averaging 0.87 g/t Au from 184 m depth, which includes 1 m at 3.13 g/t Au from 191 m.The 3D magnetic inversion models have also outlined an alteration zone measuring 400 m in strike Millennium is planning to follow up with drilling, it said.This whole approach is something very new for Millennium, CEO Peter Cash said.“While most of our exploration at Nullagine has historically been directed towards outcropping geochemical targets – which have been very successful in delivering ongoing increases in resources and reserves – we believe that an integrated targeting methodology based on a mineralised system approach has the potential to unlock major new discoveries,” he said.“Three dimensional magnetic inversion data has never previously been used to identify gold mineralisation at Nullagine, and we are really excited to now have confirmation that this technology can successfully define new gold targets in the Mosquito Creek Basin.”He said the use of 3D data represents an “enormously important technical breakthrough” for the area and Millennium.Millennium produced 70,371 ounces of gold at Nullagine in the year to the end of June.last_img read more

The Pope as a Superhero Pic of the Day

first_imgHE’S TAKEN A selfie, been named Time’s Person of the Year, appeared on the front cover of Rolling Stone magazine AND had a nun’s baby named after him.What next for Francis?A stint as a real world Superman?Graffiti depicting Pope Francis as Superman and holding a bag of ‘Values’ is seen on a wall of the Borgo Pio district near St. Peter’s Square in Rome. (AP Photo/Gregorio Borgia)The white-caped crusader appeared Tuesday on a wall just off Borgo Pio, a tiny cobble-stoned street near St. Peter’s Square.The artist is identified only as Maupal.The Vatican obviously approves of the depiction, tweeting a picture of it Peace doves released by the Pope are immediately attacked by a seagull and crowThanks, God: Pope Francis says the internet is a gift from GodElsewhere: Nun who didn’t know she was pregnant gives birth, names baby Francislast_img read more