Hawthorn Resources Limited (Hawthorn) is an Australian diversified base metal and gold explorer with significant strategic tenement holdings throughout Western Australia.
(Hawthorn 100% and Hawthorn Resources 80%, Alacer Gold 20%)
In the Yundamindera Project area, located approximately 175 kilometres to the north-east of Kalgoorlie, Western Australia exploration has focused on the discovery of gold associated with mineralised syenitic porphyry dykes, BIFs and shears.
The project area is located within the South Laverton Zone where syenite porphyries host, or are associated with, significant gold mineralised bodies including Wallaby (7.1 million oz Au), Butcher Well (0.3 million oz Au) and Jupiter (0.1 million oz Au). In addition this region also hosts the major gold deposits of Sunrise Dam (8.4 million oz Au) and Red October (0.5 million oz Au).
Exploration carried out at the Coffey Bore Prospect within the project area has identified broad zones of gold mineralisation associated with stockwork quartz veining at the base of a shallow, 45° east dipping, porphyry intrusion.
Results from this drilling has included:
- 18 metres @ 2.15 g/t Au (incl. 7 metres @ 3.83 g/t Au), YMC005 and;
- 28 metres @ 2.20 g/t Au (incl. 3 metres @ 10.11 g/t Au), YMC008
This shallow gold mineralisation is faulted off to the west in the southern part of the prospect; it remains open or inadequately tested to the north and at depth.
A project wide detailed aeromagnetic survey and interpretation designed to identify extensions of the Coffey Bore porphyry, identify repetitions of the porphyry signature within the larger project area and focus drill targets to be drilled in the upcoming year has been completed. Sampling of initial targets identified has commenced, with drilling testing to continue throughout 2013