GIBRALTAR ROCKS (Abelle JV: PEN Earning up to 90%)
The Gibraltar Rocks project is located on the
regionally important Bulgunnia Fault Zone. Additional geochemistry and
remodelling of existing geophysical data in addition to new surveys is
likely to highlight high priority drill targets. All exploration to date
has been focused on a single large magnetic anomaly. Numerous other
anomalies remain to be tested. The project is prospective for iron oxide
copper gold deposits and a detailed gravity survey will be completed
across principle target zones.
