Blackbutt | EPM27256 | 32km2
EPM 27256 was granted 10th December 2019 for a term of 5 years and comprises of 10 sub-blocks. Blackbutt is located approximately 14km NNE from the town of Blackbutt and 18km SE from the town of Nanango.
Project identified with AI signature correlating with historical mining activities, presenting opportunity for extensions at depth.
The area occurs on the faulted boundary between the Triassic Esk Beds and the Devonian Maronghi Creek Beds where they have been intruded by the Permian - Triassic Taromeo Tonalite. Minor volcanics from the Tertiary Main Range Volcanics occur in the south eastern corner of the area. A number of historical mining and artisanal workings exist within the license area.
Rock chip assays were received from float samples from around the old workings:
BL01 - 3.74 g/t Au and 0.49% Cu.
BL04 - 1.34 g/t Au and 0.13% Cu.
BL05 - 18.6 g/t Au, 0.16% Cu and high 9.48% Arsenic.
BL06 - 7.13 g/t Au.
BL07 - 12.6 g/t Au.