OROGENIC GRANITOID HOSTED GOLD PROJECT IN THE YINDI AREA

Catherine Nyakecho, Kelsea Dundon, Jinwoo Choi

Yindi project Location Map

1. INTRODUCTION
Using a set of structural, geological and timing conditions we felt were crucial to the development of granitoid hosted gold deposits we have targeted an area of 50km2 with strong potential as an exploration target. The target area lies 120km North East of Kalgoorlie within the Kurnalpi Districit of the North East Coolgardie Mineral Field in Western Australia. The area lies within the Kurnalpi 1:250 000 and the Pinjin 1:100 000 map sheets under the tenement holdings of Gryphon Minerals Ltd who acquired it in June 2011. The region has been explored for gold and nickel deposits since the 1960s and can be accessed via the Kalgoorlie-Kurnalpi-Pinjin road (Murphy 2008).

granitoid and collected soil samples but peak gold values were in the order of 2030ppb (Gardiner 1999). Pacmin Mining Corporation Ltd analysed rock chip samples from the west of our target area, the highest gold value was 0.4ppm (Baldwin & Jones 2009). Since Heron Resources surrendered their tenement successive exploration companies have not conducted any ground disturbing work (Murphy 2008), (Baldwin & Jones 2009).
Figure 3. Aeromagnetic Map map of Yindi area modified from Murphy, J.E (2008)

Geophysical surveys

Measuring petrophyscial properties of rocks. Detailed ground magnetics, radiometric and gravity surves at station spacing less than 1km (access permitting) Mapping alteration, Structure, lithology, & regolith sampling & analysis using field-based infrared spectroscopy Regional stream sediment geochemistry, in the form of conventional fine fraction, BLEG, cyanide leach, or pan concentrate sampling in the initial exploration stages. Whole rock, trace element & REE geochemistry, using XRF, Leco, and ICP-MS, absolute dating of granite RC-drilling program & acquiring drilling permits Preparation of drill pads and rock chip logging.

Aid discovery in some cases where the discoveries were concealed Defining the geometry & structure of the target are a & identify possible mineralization Define alteration foot print & mineral zonation. Define anomalies associated with outcropping or s ub-cropping deposits Identify alteration, mineralization and dispersio, pa ragenetic sequence Confirm our model and depth of mineralisation

Geochemical investigations

Drilling

6. EXPLORATION BUDGET
Table 2. Exploration Budget Description Administration Formalize joint/partnership agreement Project registration Application & obtaining exploration license Mineral rent Office supplies, consumables & transport Tenement cost Management & Legal costs Subtotal cost Geological mapping Geophysics Ground magnetic survey Spectral survey Gravity Induced polarisation Down hole gamma ray logging Data interpretation Cost ($) 10,000.00 6,000.00 20,000.00 5,000.00 8,000.00 5,000.00 10,000.00 64,000.00 Drilling Site preparation and platform equipments RC Drilling Drill supervision, sample collection & logging Data analysis and compilation, ore body modeling and reporting Subtotal cost DESKTOP STUDIES Data collection/Literature review 2000.00 100,000.00 15,000.00 10,000.00 127,000.00

4. GENETIC MODEL
Important controls on gold mineralization include; structural and geological settings and relative timing relationships. Gold deposits are structurally controlled and usually found in and around second or third order faults/shear zones branching off larger, crustal scale, first order faults/shear zones (Eisenlohr et al. 1989). The Claypan or Yilgangi Faults are modelled as the first order fault in our target area that could have transported gold-bearing hydrothermal fluids up from depth. The shear zones that run along the western and eastern contacts of the granitoid, with surrounding sedimentary rocks, are modelled as the second or third order structures. The favourable geological setting for granitoid hosted gold deposits is within or at the contact of small intrusive granitoids (order of magnitude 10-100km2) in greenstone belts, as shown in our target area. The granitoid we are targeting was emplaced post-metamorphism but pre/syn ductile deformation. The granitoid is described as a monzogranite, which within the region are dated at Neoarchean and therefore compatible with gold mineralization that formed gold deposits such as the Granny Smith Deposit 2,665 +/3Ma and the Porphyry Deposit 2,667 +/- 5Ma (Cartographic Services Branch 1994), (Gray 2005). Weinberg et al. (2005) observed that gold camps are commonly related to jogs in the main trends of regionally important shear zones as shown in our target area by the jog in the Claypan Fault.
Figure 4. Genetic model of Yindi Area

Figure 1. Basic geological map showing the Keith-Kilkenny and southern Laverton tectonic zones, the major gold deposit near by, target area with an inset of the location within Australia

2. REGIONAL GEOLOGY & GOLD MINERLAIZATION

The targeted area lies on the eastern margin of the Norseman-Wiluna Belt within the Eastern Goldfield Province of the Archean Yilgarn Ccraton. Structurally it lies within the Keith Kilkenny Tectonic Zone and the southern extension of the Laverton Tectonic Zone, to the West of the Claypan and to the East of the Yilgani Faults. The geology contains a sequence of basalt, metasedimentary rocks, felsic volcaniclastic rocks and some intermediate rocks with small intrusive granitoids that youngs to the west (Murphy 2008). The rocks within the project area have been metamorphosed except for the central granitoid of the project area. The small intrusive granitoids are monzogranites with biotite and k-feldspar phenocrysts. They are locally well foliated and Neoarchean in age (Cartographic Services Branch 1994). The area has been strongly deformed during the Archean, resulting in major terrane defining faults and shear zones such as the Yindiri and Claypan Faults. The project area lies on the eastern limb of the Yilgani Syncline (Baldwin & Jones 2009). Numerous quartz veins are found in the area (Cartographic Services Branch 1994). Gold mineralization in the Kalgoorlie Terrane is comprised of multiple episodes of gold mineralization during and after peak deformation and metamorphism during the Archean (Weinberg 2007). Along strike of the nearby Yilgani Fault lie the Carouse Dam and Sons of Gwalia Deposits and along strike of the Claypan Fault lies the Porphyry and Million Dollar Deposits.

60,000.00 Subtotal cost 60,000.00 15,000.00 20,000.00 20,000.00 10,000.00 15,000.00 5,000.00 Subtotal cost 85,000.00 200,000.00 15,000.00 50,000.00 25,000.00 290,000.00

20,000.00 Subtotal cost 20,000.00

Geochemistry stream sediment sampling & HMC panning Soil sampling, pitting & trenching Whole rock geochemistry & petrography Sample assays for gold and base metals Subtotal cost

Field work preparation Purchase and acquisition of field stores 50,000.00 4WD vehicle, fuel and maintenance 60,000.00 Camp generator, fuel and water 100,000.00 Communication 3,000.00 Food supplies 50,000.00 Field consumables/equipments & supplies 10,000.00 Occupational health and safety 10,000.00 Subtotal cost 283,000.00 Contingency (10%) 136,900.00 Total Project cost 1,505,900.00

7. EXPLORATION GAANT CHART

Table 3. Exploration Gaant Chart showing the time taken for each task in the exploration program

ID 1 2 3 4 5 6 7 8 9 10 11 12

TASK NAME Patnership agreement Planning/Logistics Desktop studies Geological mapping & sampling Petrographich studies Geophysics: Gravity, magnetics, IP Data interpretation & modeling Detailed geochemical sampling Sample preparation & analysis RC Drilling Data integration Reporting and feasibility study
1 2 3 4 5 6

2012
7 8 9 10 11 12 1 2 3 4 5 6

2013
7 8 9 10 11 12

5. EXPLORATION METHODS
Exploration within out target area will focus on detecting a footprint, or elements of a footprint of a mineralized system. .
Table 1. Exploration methods METHODS Literature revi ew/ Data mini ng/ desktop st udies ACTIVITIES Acquiring and interpretation of Previous geological and to pographic reports Regional DTM Aeromagnetic and Radiometric data in an integrated way. Satellite imagery (Landsat TM or ETM) and aerial photog raphs OBJECTIVES Understand general geology of target area DTM Base plan compilation and drafting The result of this interpretation shall be a workin g scale base map for use in the field. Understand gold deposits style and model Describe the lithologies and metamorphic grade

8. CONCLUSIONS
Our target area lies within a gold rich area and has the essential structures for gold mineralization; large first order faults with smaller faults/shear zones branching off. The area has favourable geology; small intrusive granitoid plutons in a greenstone belt. The previous exploration in our target area has not been extensive, therefore this proposed exploration program will address the lack of information via an integrated field and laboratory, multi-scale geological, geophysical and mineralogical investigations. Gold mineralization, if present, will be discovered by our systematic exploration program.

9. REFERENCES
Baldwin, D. L. and B. U. Jones (2009). Barrick-Yindi - E28/1536 Project 2008 Annual Report, Lega cy Iron Ore Limited. Bierlein, F. P., F. C. Murphy, et al. (2006). "Distribution of orogenic gold deposits in relation to fault zones and gravity gradients: targeting tools appled to the Eastern Goldfields, Yilgarn Craton, Western Australia." Springer. Cartographic Services Branch, S. a. M. D., Department of Minerals and Energy, Western Australia (1994). Pinjin Map Sheet. G. S. o. W. Australia. Cassidy, K. F. and S. G. Hagemann (2001). "'World-class' Archean orogenic gold deposits, eastern Y ilgarn Craton: Diversity in timing, structural controls and mineralization styles." Geoscience Australia. Eisenlohr, B. N., D. Groves, et al. (1989). "Crustal-scale shear zones and their significance to Archaea n gold mineralization in Western Australia." Mineralium Deposita. Gardiner, N. (1999). Mulgabbie Project, Rough Gap Prospect Surrender Report, Heron Resources NL. Gray, D. J., M. J. Lintern, et al. (2005). Granny Smith Gold Deposits, Western Australia, CRC Leme CSIRO Exploration & Mining. Hallberg, J. A. (1986). "Archean Basin Development and Crustal Extension in the Northeastern Yilgar n Block, Western Australia." Precambrian Research(31): 133-156. Renaissance Minerals Limited (2011). "Eastern Goldfields Project, Western Australia." from http:// www.renaissanceminerals.com.au/index.php?option=com_content&view=article&id=10&Itemid=17. Murphy, J. E. (2008). Yindi - E28/1536 Project Partial Surrender Report, Jackson Minerals Limited Murphy, J. E. (2008). Yindi North - E28/1609 Partial Surrender Report, Jackson Minerals Limited. Murphy, R. P. (1997). Annual Report - Yindi Project, Yardarino Mining. Robert, F., R. Brommecker, et al. (2007). "Models and Exploration Methods for Major Gold Deposit Types." Ore Deposits and Exploration Technology. Weinberg, R. F. and P. v. d. Borgh (2007). "Extension and Gold Mineralization in the Archean Kalgo orlie Terrane, Yilgarn Craton." Science Direct(161): 77-88. Weinberg, R. F., P. v. d. Borgh, et al. (2005). "Kinematic History of the Boulder-Lefroy Shear Zone System and Controls on Associated Gold Mineralization, Yilgarn Craton, Western Australia." Economi c Geology.

Figure 2. Geological map of Yindi area modified from Murphy, J.E (2008)

3. PREVIOUS EXPLORATION IN YINDI AREA

Uranium and gold exploration in the area commenced in the 1980s after having been previously explored for Cu-Ni and Cu-Zn. Between 1993 and 1998 a large area to the east (but still within the fault block) was explored by Yardarino Mining NL and Troy Resources who conducted auger drilling, and geological mapping. Heron Resources identified an area for exploration north of the

Geological inv Outcrop and alteration mapping and smapling. estigations The thing section interpretation in terms of paragenesis

Geothermomettry and geobarometry to determine P T con Understand erosion levels relative to depth of for ditions of hydrothermal alteration assemblages. mation preservation environment

02 November, 2011