Solara defines high-priority drill targets at | Australian Markets

Solara Minerals has locked onto two compelling copper-gold targets at its DeGrussa West project in Western Australia’s Bryah Basin, simply 17km alongside strike from Sandfire Resources’ historic DeGrussa mine and 10km from Catalyst Metals’ Old Highway gold deposit which hosts 206,000 ounces of gold.

The company’s latest transferring loop electromagnetic (MLEM) survey outlined two main north-dipping conductors interpreted to signify mineralised buildings.

One is a western 700m-long plate whereas the opposite lies within the east and extends over a distance of 1300m. Both are located at the extremely potential contact between the Narracoota Volcanics and the Karalundi Formation that are thought of to be equal to the possible DeGrussa Formation and coincide with sturdy magnetic anomalism.

The 65 sq. kilometre DeGrussa West project sits inside the prolific Bryah Basin of Western Australia’s Murchison area, a geological tackle well-known for internet hosting important copper-gold deposits.

Historical exploration of the project space contains a 2009 airborne VTEM survey by Sandfire which recognized untested bedrock conductors in the identical geological sequence as its huge DeGrussa operation.

Solara’s latest MLEM survey has refined these previous conductors, exhibiting they cut throughout the south-dipping Bryah Basin stratigraphy and hyperlink up with magnetic highs and structural breaks together with a northeast-trending fault – basic hallmarks of a doubtlessly fertile system within the area.

Rock chip and soil sampling, though restricted, show anomalous gold values up to 345 elements per billion (ppb), accompanied by elevated copper, zinc, arsenic, and different ingredient signatures, additional supporting the inferred mineralisation potential of the ground.

The project’s structural setting and stratigraphy are reminiscent of Sandfire’s DeGrussa system, with fold hinges and fault intersections offering prime focal factors for mineralisation. Solara considers the western conductor to be the more potential of the 2, however each are slated for upcoming drill testing.

Previous exploration by Barrick between 2000 and 2005 and by Ausgold Exploration between 2011 and 2019 included soil sampling and VTEM surveys.

Those surveys additionally recognized conductive zones that time to a volcanogenic huge sulphide-style of mineralisation, much like that at the previous DeGrussa operation, however many of these high high quality targets stay untested.

Solara has already secured a program of work approval and is getting ready for web site visits and floor exploration forward of its maiden drilling program.

Initial holes will check the place geophysics and construction converge, with an eye on unlocking a new copper-gold system within the coronary heart of the Bryah Basin.

With its strategic place subsequent to main deposits, a textbook geological setting and compelling geophysical hits, Solara seems to be primed to drill into what could possibly be a DeGrussa-style copper-gold system hiding in plain sight.

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