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Kalia Limited announces geophysical interpretation complete

Mining News - Published on Wed, 13 Mar 2019

Image Source: Kalkine Media
Kalia Limited announced the successful completion of filtering and modelling of the airborne survey data collected over its Tore Joint Venture properties on Bougainville Island, PNG during Q3 and Q4 2018.

Summary
First airborne geophysical survey conducted in Bougainville since 1987
Survey covers 100% of the 1,704km2 license areas EL03 and EL04
Independent data analysis confirms the intrusive complex is larger than previously thought, with multiple shallower cupolas thrown up from the main dome
64 porphyry and epithermal targets identified across the area including 12 Priority 1 targets
First time geophysical targets have been generated in the west Tore area including two Priority 1 targets
Independent correlation between geophysics and geochemistry highlights the robustness of the modelling and high prospectivity of the region
Clear geoscientific path to ground follow-up and commencement of drilling in Q2 2019

Exploration Overview
Filtering and modelling of the airborne magnetic and radiometric data acquired over EL03 and EL04 during the second half of 2018 is complete; with the final report received from Fathom Geophysics, an independent organisation that has been providing geophysical and geoscience data processing and targeting services to the minerals and petroleum exploration industries, from the regional scale through to the near-mine deposit scale since 2008.

In the final report, Fathom has provided a set of deliverables that will be used for geological interpretation and exploration, including drilling and further surface geochemistry surveys.

Fathom has run a suite of unconstrained 3D magnetic inversions, produced a structural framework interpretation and generated a set of 64 ranked geophysical targets, importantly 12 being categorised as Priority 1.

Source :

Posted By : Rabi Wangkhem on Wed, 13 Mar 2019
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