Solomon Gold plc

 


View the animation file for Rannes Project,
Queensland.
December 2011


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Mbina drill core

Stream sediment sampling

Mt Perry Gold

Lode and bulk Projects, Queensland

  Mt Perry

■ 60 historic named mines, numerous other diggings
■ Fully operational exploration team
■ Ongoing drilling – 6,000m in 2010
■ Chinamans Creek 7x2 km mineralised belt
■ High grades
■ Long intersections
■ Adjacent to Mt Rawdon Mine; 1m oz, 100k ozpa (Lihir)
■ Close to Brisbane, easy access, low costs
■ High grades

 

The Mt Perry project covers 1,344km2 located four hours drive northwest of Brisbane and lies approximately 15km northwest of Lihir Gold’s Mt Rawdon mine which has a 1 million oz resource producing 100k oz pa gold. The tenements are held in Solomon Gold’s 100% owned subsidiary Acapulco Mining Pty Ltd.

The area is located on the intersection of strong regional geological features and hosts in excess of 60 named historic mines and additional unnamed diggings. Extensive mapping and sampling has identified ten drill targets which have yielded potentially economic results. Extensive drilling programs for 2010 are planned on the 6x3km Chinamans-Spring Creek-Regans, 1x4km Edina-New Moonta and the 1x4km Augustine-Dingle-Nickos-Harpurs systems which have yielded both high grades and long intersections of medium grade mineralisation to date. Airborne geophysical coverage has identified 17 strong resistors and magnetic anomalies to be assessed for porphyry gold copper molybdenum potential. Strongly mineralised porphyry copper molybdenum prospects are evident at Bania, Cradle Gully and Chinamans. Solomon Gold intends to test these targets in 2010.

The Company aims to define a 1 million oz gold resource in the Mt Perry project area. Click here to read more on Mt Perry

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