- 6m at 33.8g/t Au (from 24m)
- 1m at 67.6g/t (from 86m)
- 16m at 6.5g/t Au (from 64m)
- 3m at 12.4g/t (from 93m)
The Cue project covers an area of approximately 46km2 with several high priority targets that require additional exploration.
Recent reprocessing and interpretation of open file high-resolution aeromagnetic and gravity survey data suggests that greenstone rocks continue beneath the granite intrusive, especially on the western and south western flanks of the granite that hosts many of the high-grade deposits mentioned above. The Company has also had an open file seismic profile re-processed by HiSeis. This reprocessed seismic profile shows that there are seismic reflectors occurring at a relatively shallow depth within the Cue Project that would not be expected if the granite intrusive were a large batholith type intrusive body.
These targets include additional exploration drilling and evaluation work immediately along strike and down dip and plunge of these workings. The workings that require additional evaluation include the Salisbury, Cue No. 1, Cue North, Light of Asia and Queen of the May mines. These old mines have been explored as indicated above, however the previous explorers were focussed on defining shallow high-grade ore shoots below the existing workings.
One of the other significant exploration targets is the unusual geology at “The Patch” when compared to the remainder of the other deposits in the Cue Project. “The Patch” extends approximately 1km along strike (N – S) and 0.8km east to west. It overlies the projected extension of the both the Great Fingall Shear Zone (GFSZ) and the Great Fingall Dolerite.
This target is a system of stacked, large ladder veins consisting of shallow dipping, grey – glassy quartz veins with rare moderate to steeply dipping quartz veins. These veins vary in width from a few centimetres up to 3 to 4 meters in width. The structural geometry of the vein system in this area is not currently understood, however the dominance of the shallow dipping vein sets suggests these veins formed in a compressive structural environment.