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Pacton Gold broadens exploration to include Friendly Creek

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Global Mining Review,


Last week, Canadian exploration and development company Pacton Gold Inc. (Pacton) mobilised a team to conduct an initial ground exploration plan on its Friendly Creek project in the Pilbara region of Australia following the initiation of preliminary exploration on its Arrow tenements adjacent to Novo Resources Corp.’s Egina Project.

Exploration of Pacton’s Arrow project has reportedly commenced, and the initial stage is anticipated to continue until December. Pacton has identified stratigraphic units within the Arrow project that are continuous, along strike, into two of Novo’s Egina gold hotspots. These will be investigated as soon as full access approvals are received.

Pacton’s Friendly Creek Project reportedly encompasses the historic Pilbara Well alluvial and elluvial gold discoveries that sparked gold rush activity in the Pilbara in 1888.

The historic goldfield sits in the Pilbara Well Greenstone Belt, consisting of basalts, ultramafics, and silicified sediments which have undergone deformation and metamorphism. This in turn, is overlain by cherts of the Cleaverville Formation. The greenstone belt qhas suffered late stage brittle deformation resulting in a series of northeast trending faults. 

 

The historic gold occurrences along the 11 km by 4 km wide Friendly Creek project are described as elluvial nugget concentrations. Unlike alluvial concentrations (i.e. placer deposits concentrated in streams) elluvial deposits are concentrated in place by weathering of the host rocks, or soils. Elluvial concentrations can be effective pathfinders for underlying gold concentrations.

Modern exploration has focused on two regional scale north-east trending shear zones in the area, the John Bull and Pilbara Well shear zones. John Bull strikes for 7 km, while the Pilbara Well Shear Zone is a length of 21 km, on the south-east margin of the Pilbara Well Greenstone Belt. Most of the historic workings are on these shears, except a third group, west of the John Bull Shear Zone, containing the Foochow, Hong Kong and Empress historic mines. Gold is found in quartz veins in north-east trending shear zones, or at the contact between the greenstone and Yule Granitoid Complex. 

Initial exploration at Friendly Creek is expected to comprise a re-examination of historic occurrences, prospecting, mapping of the gold bearing stratigraphy, and methodical sampling over prospective gold targets.

Read the article online at: https://www.globalminingreview.com/exploration-development/27092018/pacton-gold-broadens-exploration-to-include-friendly-creek/

 

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Australian mining news