RC Drilling Commences to test Large Shallow Gold Target
Released
Released
Announcement PDF
ASX: TLM 25 July 2025
ASX Announcement
RC Drilling Commences at Walkers Hill, NSW to test
Large Shallow Gold Target
Highlights:
Lachlan Projects, NSW
Walkers Hill
•
•
Initial 6-hole, 900m RC drilling program underway at the new Sheepyard Prospect.
•
Sparse historical Reverse Circulation (RC) drilling encountered near-surface mineralisation up to 40m
at 0.46g/t gold.
•
Sheepyard is part of a larger, gold-in-soil anomaly situated along a major geological contact.
The drilling will test an extensive gold-in-soil geochemical trend and a strong Pole-Dipole Induced
Polarisation (PDIP) anomaly.
Macquarie Projects, NSW
Yarindury
•
A 3-line, 13km ground geophysical survey is now complete.
Talisman Mining (ASX: TLM, ‘Talisman’ or ‘the Company’) is pleased to advise that it has commenced a program
of Reverse Circulation (RC) drilling at its Walkers Hill Project, located approximately 60km north-west of
Condobolin in NSW, as foreshadowed in its announcement of 17 June 2025.
The Company also provides an update on exploration activities at the Yarindury Project, located approximately
30km north-east of Dubbo in NSW, where a recent geophysical survey has been completed.
Walkers Hill (EL 8571) – RC drilling
The Project contains an extensive gold-in soil anomaly of the Walkers Hill trend spread across an area of
approximately 10km by 2.5km. The Walkers Hill gold-in-soil anomaly is the largest within the district.
Several stages of exploration have been undertaken since 2000 by Triako Exploration, Paradigm Resources and
Talisman Mining to advance the understanding of the significant mineralisation in this area.
Historical exploration results within the Walkers Hill Project include (see Table 1):
•
Soil geochemistry:
o
•
1,250 soil samples taken at the Sheepyard and Maroonbah prospects between 2003 and 2008.
These results show a 4.5km long distinct, coherent, soil anomaly for Gold (>20ppb) and Arsenic
(>150ppm). See Figure 3.
RC drilling:
o
40m at 0.46g/t Au from 3m (PMV005) and 12m at 0.38g/t Au from surface (TMY027) at
Sheepyard.
o
20m at 0.48 g/t Au from 16m at Maroonbah (TBC015).
o
All mineralised holes ended in oxide and drilling was limited to 60m below surface.
Talisman Mining | Suite 1, Ground Floor, 33 Colin St, West Perth 6005
ABN 71079 536 495
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•
A Pole Dipole Induced Polarisation (PDIP) geophysical survey on two lines completed in 2023 showed a
significant chargeability anomaly below the mineralised RC drill intercepts at the Sheepyard Prospect
(Figure 4).
Talisman will initially undertake exploration and RC drilling at the southern portion of the Walkers Hill Project,
which contains the Sheepyard prospect (see Figure 3).
Initial RC drilling at Sheepyard, will comprise six RC holes up to 200m deep and will test the large PDIP anomaly
below the historical RC drill intercepts as illustrated in Figure 4.
Subject to the results of the current drill program, further follow-up work at the Sheepyard Prospect, initial
geophysical surveying at Maroonbah prospect and further exploration on other prospects along the Walkers Hill
Trend will be assessed in the September 2025 Quarter.
Figure 1. Strike Drilling RC rig drilling at Sheepyard Prospect
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Figure 2. Lachlan Projects southern tenements area with geology and gold-in-soil geochemistry. The Walkers Hill
gold-in-soil geochemical trend (highlighted) is the largest and most coherent trend in the area, spanning an area
of approximately 10km by 2.5km, and is divided into the Maroonbah and Sheepyard prospects. Planned
geochemical coverage in-fill Auger drilling programs across prospective trends are also highlighted.
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Figure 3. The Walkers Hill Project gold-in-soil geochemical trend. The trend contains the Maroonbah and
Sheepyard prospects. At Sheepyard the location of PDIP geophysical survey lines, historical and planned RC
drilling is illustrated. Note the interpreted mineralised zone is associated with gold-in-soil values nominally
>20ppb Au
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Figure 4. Sheepyard PDIP geophysical survey line 10200N (see Figure 3 for PDIP geophysical survey line
location). RC drilling is targeting the extensive chargeability anomaly that sits below the anomalous gold-in-soil
results and near-surface mineralisation intersected in historical drill holes PMV002 to PMV006.
Macquarie Arc Projects, NSW
Yarindury (EL 9679) – Geophysical survey
Yarindury is located 30km north-east of Dubbo within the Molong Volcanic Belt, part of the world class porphyry
copper-gold Macquarie Volcanic Arc in central-western NSW. The tenement is located along strike from the
same prospective mineralised corridor as Alkane Resources’ (ASX: ALK) Boda–Kaiser Project, 20km to the
south-east, and Newmont’s (NYSE: NEM) Cadia copper-gold mine, located 100km to the south.
As discussed in our 17 June 2025 ASX announcement, Talisman has completed a three-line, 13km, Induced
Polarisation and Magneto-Telluric (IP-MT) ground geophysical survey at the project. Survey data is currently
being processed.
The survey is targeting prominent magnetic anomalies in the south-eastern portion of the tenement, where
historical drilling indicates basement depths of approximately 200m. Drill testing of targets generated from this
survey is planned for the September 2025 Quarter.
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Figure 5. Yarindury Project area on magnetic image (RTP). Ground geophysical IP-MT Survey line locations are
illustrated.
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Table 1: Walkers Hill Project (Sheepyard and Maroonbah prospects) historical drill intercepts using a cut off 0.2
g/t Au with ≤ 6m internal dilution.
Management Comment
Talisman’s Managing Director, Andrew Munckton, said: "We are excited to have kicked off our 2025 RC drilling
campaign at the Lachlan Project in NSW to test some recently identified gold targets which represent compelling
discovery opportunities for the Company at a very buoyant time in the gold market.
“These targets were identified by some solid geological work by the team, stemming from a detailed review of
geological, geochemical, and geophysical data across the Canbelego Mineral Hill Volcanic Belt. The targets are
characterised by a combination of anomalous soil geochemistry, strong geophysics, significant historical drilling
results and a lack of modern exploration.
“The Walkers Hill Project contains a large gold-in-soil geochemical anomaly above a significant geophysical IP
anomaly. Limited historical, shallow RC drilling at the Sheepyard prospect has intersected broad zones of nearsurface gold mineralisation up to 40m at 0.46g/t Au in the oxide zone within the gold-in-soil anomaly and above
the IP survey anomaly. Together, these features indicate a potentially extensive mineralised system within the
Walkers Hill Project that represents a stand-out exploration opportunity for the Company.
“Meanwhile, we are eagerly awaiting the results of the recent geophysical survey completed at Yarindury, which
targeted strong magnetic anomalies in the south-eastern portion of the tenement, where drilling suggests the
basement depths are much shallower than where we drilled earlier this year. This is well and truly elephant
country, so we hope to define some compelling, shallower drill targets here that we can test with RC and diamond
drilling in the September Quarter.”
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–– Ends ––
For further information, please contact:
Andrew Munckton - Managing Director
+61 4 3563 5598
Nicholas Read (Media inquiries)
+61 4199 29046
This release has been authorised by the Board of Talisman Mining Limited.
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About Talisman Mining
Talisman Mining Limited (ASX: TLM) is an Australian mineral development and exploration company. The
Company’s aim is to maximise shareholder value through exploration, discovery and development of
complementary opportunities in base and precious metals.
Talisman has secured tenements in the Cobar/Mineral Hill region in Central NSW through the grant of its own
Exploration Licenses and through a joint venture agreement. The Cobar/Mineral Hill region is a richly mineralised
district that hosts several base and precious metal mines including the CSA, Tritton, and Hera/Nymagee mines.
This region contains highly prospective geology that has produced many long-life, high-grade mineral
discoveries. Talisman has identified several areas within its Lachlan Cu-Au Project tenements that show
evidence of base and precious metals endowment which have had very little modern systematic exploration
completed to date. Talisman believes there is significant potential for the discovery of substantial base metals
and gold mineralisation within this land package and is undertaking active exploration to test a number of these
targets.
Talisman also has secured access to over 1040 km2 of highly prospective tenure in South Australia’s Gawler
Craton known as the Mabel Creek Project. Mabel Creek is prospective for large scale Iron Oxide Copper Gold
(IOCG) deposits and intrusion related rare earths and battery metals mineralisation. Mabel Creek is surrounded
by similar tenure owned and being actively explored by Australia’s biggest resource companies including BHP,
Rio Tinto and FMG.
Competent Person’s Statement
Information in this announcement that relates to Exploration Results and Exploration Targets is based on and
fairly represents information and supporting documentation compiled by Dr Tim Sharp, who is a member of the
Australasian Institute of Geoscientists. Dr Sharp is a full-time employee of Talisman Mining Ltd and has
sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration
and to the activities undertaken to qualify as a Competent Person as defined in the 2012 Edition of the
“Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Dr Sharp has
reviewed the contents of this announcement and consents to the inclusion in this announcement of all
technical statements based on his information in the form and context in which they appear.
Forward-Looking Statements
This ASX release may include forward-looking statements. These forward-looking statements are not historical
facts but rather are based on Talisman Mining Ltd.’s current expectations, estimates and assumptions about the
industry in which Talisman Mining Ltd operates, and beliefs and assumptions regarding Talisman Mining Ltd.’s
future performance. Words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”,
“estimates”, “potential” and similar expressions are intended to identify forward-looking statements. Forwardlooking statements are only predictions and are not guaranteed, and they are subject to known and unknown
risks, uncertainties, and assumptions, some of which are outside the control of Talisman Mining Ltd. Past
performance is not necessarily a guide to future performance and no representation or warranty is made as to
the likelihood of achievement or reasonableness of any forward-looking statements or other forecast. Actual
values, results or events may be materially different to those expressed or implied in this presentation. Given
these uncertainties, recipients are cautioned not to place reliance on forward looking statements. Any forwardlooking statements in this announcement speak only at the date of issue of this announcement. Subject to any
continuing obligations under applicable law and the ASX Listing Rules, Talisman Mining Ltd does not undertake
any obligation to update or revise any information or any of the forward-looking statements in this
announcement or any changes in events, conditions, or circumstances on which any such forward looking
statement is based.
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Appendix 2
JORC Tables Section 1 & 2
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections)
Criteria
Sampling
techniques
Drilling
techniques
JORC Code explanation
•
Nature and quality of sampling (e.g. cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down-hole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
•
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
•
Aspects of the determination of mineralisation
that are Material to the Public Report. In
cases where ‘industry standard’ work has
been done this would be relatively simple
(e.g. ‘reverse circulation drilling was used to
obtain 1 m samples from which 3kg was
pulverised to produce a 30 g charge for fire
assay’). In other cases, more explanation
may be required, such as where there is
coarse gold that has inherent sampling
problems. Unusual commodities or
mineralisation types (e.g. submarine nodules)
may warrant disclosure of detailed
information.
•
Drill type (e.g. core, reverse circulation, openhole hammer, rotary air blast, auger, Bangka,
sonic, etc) and details (e.g. core diameter,
triple or standard tube, depth of diamond
tails, face-sampling bit or other type, whether
core is oriented and if so, by what method,
etc).
Commentary
No new drilling results have been reported in this
announcement.
Walkers Hill Project (Historical Drilling)
•
Triako RC drilling, cited in this report, collected samples via
a plastic bag hooked beneath a cyclone mounted on the
side of the drill rig. Approximately 20 kg was collected per 1
metre sample interval. Samples were speared on site and
composited into 4m intervals for assay. Several 1m
speared samples were also collected, with gold assay
results generally within a few percent of the corresponding
1m riffle split intervals. This suggests that gold is relatively
evenly distributed, and the spearing method of sampling is
adequate. Reference: Triako Third Annual Exploration
Report, 2003 (R00048055).
•
Paradigm Metals. RC drilling cited in this report, provided
no specific information on sampling techniques. However, it
was noted that samples were submitted for assay as
composites over 2m, 3m, 4m, and 6m intervals. Reference:
Paradigm Metals Licence 7697 Maroondah First Annual
Report, 2012 (RE0002711).
Yarindury Project (Historical Drilling)
•
Details of historic drill holes have been detailed in ASX
Announcement dated 17 June 2025.
No new drilling results have been reported in this
announcement.
Walkers Hill Project (Historical Drilling)
•
Triako RC drilling, cited in this report, was conducted in
2002 by Geological Ore Services of Cobar using an Edson
300 drill rig mounted on a Toyota 4WD. Compressed air
was supplied by a 175 psi / 300 cfm compressor mounted
on a trailer towed by the support vehicle. The capacity of
the compressor limited drilling depths to between 40 and
60 m. Reference: Triako Third Annual Exploration Report,
2003 (R00048055).
•
Paradigm Exploration RC drilling, cited in this report,
comprised six RC holes (PMV001–PMV006). However, no
information was provided regarding the drilling contractor
or specific drilling techniques employed. Reference:
Paradigm Exploration, Licence 7697 Maroondah First
Annual Report, 2012 (RE0002711).
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Criteria
JORC Code explanation
Commentary
Yarindury Project (Historical Drilling)
•
Drill sample
recovery
Details of historic drill holes have been detailed in ASX
Announcement dated 17 June 2025.
Method of recording and assessing core
and chip sample recoveries and results
assessed.
No new drilling results have been reported in this
announcement.
•
Measures taken to maximise sample
recovery and ensure representative nature
of the samples.
•
•
Whether a relationship exists between
sample recovery and grade and whether
sample bias may have occurred due to
preferential loss/gain of fine/coarse
material.
•
Walkers Hill Project (Historical Drilling)
•
Triako RC drilling, cited in this report, collected samples in
plastic bags hooked beneath a cyclone mounted on the
side of the drill rig. Approximately 20 Kg of sample was
recovered per 1m interval. Reference: Triako Third Annual
Exploration Report, 2003 (R00048055).
Paradigm Exploration, RC drilling cited in this report,
provided no information on sample recovery. Reference:
Paradigm Exploration, Licence 7697 Maroondah First
Annual Report, 2012 (RE0002711
Yarindury Project (Historical Drilling)
•
Logging
•
Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate
Mineral Resource estimation, mining
studies and metallurgical studies.
•
Whether logging is qualitative or
quantitative in nature. Core (or costean,
channel, etc.) photography.
•
The total length and percentage of the
relevant intersections logged.
Details of historic drill holes have been detailed in ASX
Announcement dated 17 June 2025.
No new drilling results have been reported in this
announcement.
Walkers Hill Project (Historical Drilling)
•
•
Triako RC drilling, cited in this report, involved geological
logging of each sample, with representative samples
retained in plastic chip trays and stored at the core yard at
their Mineral Hill facility. Lithological codes, sample
intervals, and collar survey data were entered into Excel
spreadsheets at the Mineral Hill site. Reference: Triako
Third Annual Exploration Report, 2003 (R00048055).
Paradigm Exploration RC drilling cited in this report,
provided no detailed information on geological logging
methods; however, a logging summary sheet was included
in their company report. Reference: Paradigm Exploration,
Licence 7697 Maroondah First Annual Report, 2012
(RE0002711).
Yarindury Project (Historical Drilling)
•
Sub-sampling
techniques and
sample
preparation
Details of historic drill holes have been detailed in ASX
Announcement dated 17 June 2025.
•
If core, whether cut or sawn and whether
quarter, half or all core taken.
No new drilling results have been reported in this
announcement.
•
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet
or dry.
Walkers Hill Project (Historical Drilling)
•
Triako RC drilling, cited in this report, involved collecting
samples in plastic bags hooked beneath a cyclone
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Criteria
JORC Code explanation
Commentary
•
For all sample types, the nature, quality
and appropriateness of the sample
preparation technique.
•
Quality control procedures adopted for all
sub-sampling stages to maximise
representivity of samples.
•
Measures taken to ensure that the
sampling is representative of the in-situ
material collected, including for instance
results for field duplicate/second-half
sampling.
mounted on the side of the RC drill rig. Approximately 20
Kg of material was recovered per 1m sample interval.
Samples were speared on site and composited into 4
metre intervals for assay. Several individual 1m speared
samples were also collected, with assay results generally
within a few percent of the corresponding 1 metre riffle split
intervals. This suggests that gold distribution is relatively
uniform and that the spearing method was adequate for
sampling purposes. Reference: Triako Third Annual
Exploration Report, 2003 (R00048055).
Paradigm Exploration RC samples, cited in this report,
were collected as 2, 3, 4, and 6 m composites using a
sample spear. No QAQC procedures were reported.
Reference: Paradigm Exploration, Licence 7697
Maroondah First Annual Report, 2012 (RE0002711).
•
•
Whether sample sizes are appropriate to
the grain size of the material being
sampled.
Yarindury Project (Historical Drilling)
•
Quality of assay
data and
laboratory tests
•
The nature, quality and appropriateness of
the assaying and laboratory procedures
used and whether the technique is
considered partial or total.
•
For geophysical tools, spectrometers,
handheld XRF instruments, etc, the
parameters used in determining the
analysis including instrument make and
model, reading times, calibrations factors
applied and their derivation, etc.
•
Nature of quality control procedures
adopted (e.g. standards, blanks,
duplicates, external laboratory checks) and
whether acceptable levels of accuracy (i.e.
lack of bias) and precision have been
established.
Details of historic drill holes have been detailed in ASX
Announcement dated 17 June 2025.
No new drilling results have been reported in this
announcement.
Walkers Hill Project (Historical Drilling)
•
•
Triako RC drilling cited in this report was sampled as 4
metre composites and subsequent 1 metre composites
were assayed at ALS in Orange. All samples were assayed
for Au by 50g Fire Assay (method Au-AA26) and Cu, Pb,
Zn, Ag, As, Sb, Bi, Mo by ICP (method ME ICP41).
Reference Triako Third Annual Exploration Report 2003
R00048055.
Paradigm Exploration, cited in this report, submitted 2, 3,
and 6 metre composite samples for assay at ALS. Only
gold was analysed, using 50 g Fire Assay (method AuAA26). Reference: Paradigm Exploration, Licence 7697
Maroondah First Annual Report, 2012 (RE0002711).
Walkers Hill Project (Historical Soil Geochemistry)
•
A comprehensive review of all publicly available soil
geochemistry data within the NSW MinView database, as
of June 2024, was undertaken by Geochem Pacifica
across the Lachlan Project tenements during 2024–2025.
The objective was to optimise the dataset for sub-setting,
data levelling, gridding, and spatial analysis. As part of this
process, each sample was assigned an Assay Class
designation to distinguish assays obtained from strong
laboratory digestions from those generated by weak or
partial digestions. Additional data cleaning steps included
the removal of duplicate entries (both QA/QC duplicates
and double-reported results), correction of misreported
units, particularly for Au, Ag, As, Bi, Cu, Pb, Sb, and Zn
and the correction or recovery of below detection limit
values where possible, including retrieval from original
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Criteria
JORC Code explanation
Commentary
company report.
Yarindury Project (Historical Drilling)
•
Verification of
sampling and
assaying
Location of data
points
Data spacing
and distribution
Orientation of
data in relation
to geological
structure
Details of historic drill holes have been detailed in ASX
Announcement dated 17 June 2025.
•
The verification of significant intersections
by either independent or alternative
company personnel.
No new drilling results have been reported in this
announcement.
•
The use of twinned holes.
•
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
All re-calculations of historical significant intercepts have been
verified by alternate company personnel.
•
Discuss any adjustment to assay data.
•
Accuracy and quality of surveys used to
locate drill-holes (collar and down- hole
surveys), trenches, mine workings and
other locations used in Mineral Resource
estimation.
No new drilling results have been reported in this
announcement.
Walkers Hill Project (Historical Drilling)
•
Triako RC drilling collar locations, cited in this report, were
surveyed using a DGPS (no model or accuracy details
given). Reference: Triako Third Annual Exploration Report,
2003 (R00048055).
Paradigm Exploration, cited in this report co-ordinates were
GPS located (no model of accuracy details given).
Reference: Paradigm Exploration, Licence 7697
Maroondah First Annual Report, 2012 (RE0002711).
•
Specification of the grid system used.
•
Quality and adequacy of topographic
control.
•
Data spacing for reporting of Exploration
Results.
No new drilling results have been reported in this
announcement.
•
Whether the data spacing and distribution
is sufficient to establish the degree of
geological and grade continuity appropriate
for the Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
No mineral resource is being reported for the Lachlan Projects.
•
Whether sample compositing has been
applied.
•
Whether the orientation of sampling
achieves unbiased sampling of possible
structures and the extent to which this is
known, considering the deposit type.
•
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to
have introduced a sampling bias, this
•
No drilling results have been reported in this
announcement.
The orientation of sampling of historic drilling is considered
appropriate for the current geological interpretation of the
mineral styles.
No sample bias due to drilling orientation is known.
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Criteria
JORC Code explanation
Commentary
should be assessed and reported if
material.
Sample security
•
The measures taken to ensure sample
security.
No new drilling results have been reported in this
announcement.
Walkers Hill Project (Historical Drilling)
•
Triako RC drilling cited in this report, provided no
information regarding sample security in their exploration
reports. Reference: Triako Third Annual Exploration
Report, 2003 (R00048055).
Paradigm RC drilling cited in this report, provided no
information regarding sample security in their exploration
reports. Reference: Paradigm Exploration, Licence 7697
Maroondah First Annual Report, 2012 (RE0002711).
•
Yarindury Project (Historical Drilling)
Audits or
reviews
•
The results of any audits or reviews of
sampling techniques and data.
•
Details of historic drill holes have been detailed in ASX
Announcement dated 17 June 2025.
•
No external audits or reviews of the sampling techniques
and data have been completed.
Section 2 – Reporting of Exploration Results
(Criteria in the preceding section apply to this section)
Criteria
JORC Code explanation
Commentary
Mineral
tenement and
land tenure
status
•
•
•
Type, reference name/number, location and
ownership including agreements or material
issues with third parties such as joint ventures,
partnerships, overriding royalties, native title
interests, historical sites, wilderness or
national park and environmental settings.
The Central Lachlan Copper Gold Project currently
comprises 15 granted exploration licences:
o EL8414 held in joint venture by Haverford (100%
participating interest) and Peel Mining Limited (1.5%
NSR participating interest) (Refer Talisman ASX
announcement 20 October 2020 for full details); and
The security of the tenure held at the time of
reporting along with any known impediments
to obtaining a licence to operate in the area.
o EL8547, EL8571, EL8615, EL8677, EL8658,
EL8659, EL8680, EL8719, EL9298, EL9299,
EL9302, EL9306, EL9315 and EL9379 held 100%
by Haverford.
•
Native Title Claim NC2012/001 has been lodged over
the area of the following tenements by NTSCORP Ltd
on behalf of the Ngemba, Ngiyampaa, Wangaaypuwan
and Wayilwan traditional owners:
o EL8414, EL8571, EL8615, EL8677, EL8658,
EL8659, EL9298, EL9299, EL9302, EL9306,
EL9315 and EL9379.
Yarindury Project (EL9679) is held 100% by Haverford
Holdings a 100% owned subsidiary of Talisman Mining. The
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Criteria
JORC Code explanation
Commentary
tenement is in good standing and there are no existing known
impediments to exploration or mining.
Exploration
done by other
parties
•
Acknowledgment and appraisal of exploration
by other parties.
The Lachlan Project has been subject to exploration by
numerous previous explorers. Exploration work has included
diamond, RC and Air Core drilling, ground and down-hole EM
surveys, soil sampling, geological interpretation and other
geophysics (magnetics, gravity).
Historic exploration discussed in text includes:
Walkers Hill Project
•
Triako: Completed geological mapping, rock chip
sampling, soil sampling, and RC drilling. Reference:
Triako Third Annual Exploration Report, 2003
(R00048055).
•
Paradigm Exploration: Completed a six-hole RC drilling
program. Reference: Paradigm Exploration, Licence
7697 Maroondah First Annual Report, 2012
(RE0002711).
The Yarindury Project has been subject to exploration by
several previous explorers including Golden Cross
Resources, Alice Queen Ltd and Newcrest Mining Ltd.
Exploration work has included diamond, RC drilling,
geological mapping, geological interpretation and
geophysics (airborne magnetics, ground gravity). Details
of previous explorers have been detailed in ASX
Announcement dated 17 June 2025.
Geology
•
Deposit type, geological setting and style of
mineralisation.
The Lachlan Project lies within the Central Lachlan Fold belt
in NSW, which is considered prospective for polymetallic
epithermal and volcanic hosted (Cu, Pb, Zn, Au, Ag),
orogenic (Au) and intrusion related deposits (Au, Cu).
The Yarindury Project lies within the Molong Volcanic Belt of
the Lachlan Fold belt in NSW, which is considered
prospective for Cu-Au porphyry style mineralisation.
Drill-hole
Information
•
A summary of all information material to the
understanding of the exploration results
including a tabulation of the following
information for all Material drill-holes:
All historical drilling intercepts cited in this report have been
appropriately referenced to source information. Historical
drilling intercepts have been appropriately referenced to
source information.
•
Walkers Hill Project (Historical Drill
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