Kanowna North – Au

Gold nuggets recovered from prospecting at the Kanowna North project

The Kanowna North gold project is located 35km north of Kalgoorlie over prospective shear zones and granite-greenstone contacts where only limited reconnaissance style drilling has occurred. Local prospectors have owned the project continuously for over 20 years and have reported the recovery of over 300oz of gold nuggets from surface metal detecting and grading activity over a continuous 2km long strike zone.

The Kanowna North project comprises one granted Mining Licence (M27/487) and five Prospecting Licences covering some 500 hectares and is located 17km northwest of the +10Moz Kanowna Belle Mining Complex and 9km south of the +1Moz Mulgarrie Mining Complex.

The key Mining Lease M27/487 has been held continuously by a consortium of prospectors since 1991 and consequently there has been very little systematic gold exploration since the former North Limited conducted shallow geochemical RAB/aircore drilling and one reverse circulation drill hole between 1994-1996.

In 1975 Carpentaria Exploration Company Pty Ltd undertook limited prospect scale mapping and drilled one 93m deep percussion hole in search of base metals. No samples were analysed for gold despite the drill hole intersecting quartz veins, extensive chlorite alteration and abundant sulphides within a dolerite host rock.

Intermin considers the project to have excellent potential as there is demonstrated gold at surface and the shape of some nuggets suggest they may not have travelled too far from the source. In one area for example prospectors uncovered and mapped insitu quartz veins immediately below a nugget patch that has not been subjected to specific drilling.

Data compilation has commenced and field checking historic drill hole collar locations and workings will be undertaken in January followed by the submission of Program of Work (“POW”) documents for Department of Mines and Petroleum (“DMP”) approval.