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Pure Alumina Ltd.

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Summary

Project:

Hargraves

Deposit:Hargraves
Location:Australia
Commodities:Gold
Date:5/29/2020
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:29-5-2020: Pure Alumina Ltd. announces a Resource Estimation report for its Hargraves deposit at the Hargraves project. Updated Mineral Resource Estimate for Project. Hargraves is a structurally controlled, mesothermal gold system, hosted within the midSi
Resources:(Resources, I+I): 2.3Mt @ 2.38g/t Au (177,652oz Au)
CP/QP:[Resource] Oliver Willetts (SRK Consulting (Australasia) Pty Ltd.)
ABSTRACT:Hargraves is a structurally controlled, mesothermal gold system, hosted within the midSilurian to mid-Devonian Hill End Trough of the Palaeozoic Lachlan Fold Belt. Local geology comprised a thick sequence of turbidites and volcaniclastics which were subjected to multiphase deformation and metamorphism, resulting in a series of north-south trending anticlines and synclines. Gold mineralisation is hosted within quartz saddle reefs, cleavage-parallel veins and steeply west dipping fault zones within the axial region of the locally dominant Big Nugget Hill anticline. Mineralisation association with quartz veining was confirmed; however, multiple phases of quartz occur and not all were mineralised. Narrow, low-displacement faults, striking parallel to the axis of the anticline and westerlydipping, are referred to as feeder structures and may represent former conduits

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