Pampalo East

Location Directly east of Pampalo main ore lodes
Geology Archean orogenic mineralization hosted by felsic intrusives
Claim Area Belongs to Pampalo mining concession. 296,4 hectares
Discovered 1990
Drilling 6 215 metres diamond drilling
Mineral Resources (JORC)

Classification Tonnes Grade g/t Au Cut-off g/t Au Top Cut g/t Au
Indicated 359 000 1,6 1,0 N/A 1)
Inferred 21 000 1,5 1,0 N/A 1)
1)Top cut was not applied.

Mineral Resources and Ore Reserves Reports »
Mineral Resources and Ore Reserves - Estimate Summary »


Pampalo East is approx. 100 m east of the Pampalo’s gold zone lying in the main ore horizon. The zone consists of separate silicified feldspar porphyries and felsic volcanite lodes which are found in talc-chlorite-rich rock types. The size of these lodes vary from a few metres to 100 metre. In his time geologist Peter Ward found the first gold grain in Pampalo area from an outcrop belonging to this zone. The gold value in Pampalo E correlates with pyrite and scheelite, just like in Pampalo. The rock that are not mineralised contain very little sulphides.

Gold mineralisation at Pampalo East is associated with felsic intrusives and form in narrow zones containing thin quartz tourmaline veins with disseminated pyrrhotite, pyrite, scheelite and arsenopyrite. The felsic intrusives have intruded into a series of ultramafic units with contact skarns forming on the margins with the intrusives.





The resource and reserve estimates comply with recommendations in the Australasian Code for Reporting of Mineral Resources and Ore Reserves prepared in 2004 by the Joint Ore Reserves Committee (JORC).

The majority of the resource was classified as Indicated Mineral Resource as the drill spacing was generally 20m by 20m which demonstrated consistent lode and grade continuity with a reasonable level of confidence. The remainder of the resource was classified as Inferred Mineral Resource due to decreased drill density resulting in decreased confidence levels of the grade continuity.


Classification of Mineral Resources

Table. Pampalo East mineral resources by Runge Limited, Australia.

Gold deposit Drilling (m) Tonnes Gold
grade
Gold
ounce (oz)
Cut-off
(g/t)
Classifi-
cation
Pampalo East 7 008 359 000 1,6 18 500 1,0 Indicated
Pampalo East 21 000 1,5 1 000 1,0 Inferred


Pampalo East Ore Reserves

Table. Ore Reserves in Pampalo East, May 2009 (JORC – Code 2004)

Gold deposit Classification Tonnes Gold grade
(g/t)
Gold
(oz)6
Gold
(kg)
Code Consult
Pampalo East Probable 200 160 1,5 9 524 296 JORC MAPTEK 1,4

1) Used gold price 720 USD/oz
4) Cut-off: 1,0 g/t; 5% Ore loss & 15% dilution
6) 1 oz = 31,104 g



Pampalo East open pit.