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• Extensive historic gold workings located over approximately 4km ...
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January 16th 2007
Encouraging Rock Chips from Tambourah Project
Cortona Resources Ltd (CRC) has received assay results for rock chip,
mullock dump, and drill-chip samples collected during an initial
reconnaissance of the Company’s Tambourah Project situated 85km SW of
Marble Bar in the Pilbara Region of WA.
• Extensive historic gold workings located over approximately 4km
of strike.
• Numerous high grade rock samples, up to 58.5 g/t Au, returned.
• Indications of base metal mineralisation.
The field work has confirmed the presence of intermittent historical workings
over a distance of ~4km. The workings include mine shafts and exploration
costeans, which typically range from 1m to 5m deep, although several are
estimated to go to 20m or more. The workings are centred on shear zones
and quartz veins in volcanic rocks that strike roughly parallel to the adjacent
N-S trending granite-greenstone contact.
A total of 89 samples were collected, and analysed by fire assay for gold and
base metals. Thirty-five samples returned gold assays >1.0g/t, while 9 of
those exceeded 10.0g/t Au. Best gold values include 58.5g/t, 52.1g/t, and
49.4g/t. One of the samples returned highly anomalous base metal results,
including 0.75% copper and 0.63% lead, with 38g/t silver.
The Company will now assess these promising results in context with
previous exploration, and the geology and mineralisation in the broader area,
in order to plan a follow-up program in the coming months.
Managing Director Peter van der Borgh said; “These gold results are very
promising and the base metal anomalism is certainly intriguing. In addition to
following up on these results we are about to commence a detailed structural
and geochemical program over the North Monger project in our quest for the
discovery of a Kanowna Belle style multi million ounce orebody near
Kalgoorlie. The existing North Monger resources will also be followed up with
RC drilling being planned to build on last year’s successes”.
Yours Faithfully
Peter van der Borgh
Managing Director
Competent Persons: The contents of this report that relate to geology and historical exploration are
based on information compiled by Mr Peter van der Borgh, who is a Professional Geologist and Fellow
of the Geological Society of London. He has sufficient experience relevant to the style of mineralisation
and types of deposit under consideration and to the activity being undertaken to qualify as a ‘Competent
Person’ as defined in the 2004 Edition of the Australasian Code for Reporting Results, Mineral
Resources and Ore Reserves. Peter van der Borgh consents to the inclusion in this report of the matters
compiled by him in the form and context in which they appear.
726000 mE
728000 mE
7594000 mN Granite
Granite
Po
Po Greenstone
Greenstone
rrtt
H
Heea
addll
an
an E Brilliant
Brilliant E Historical Mine
Historical Mine
d1
d1 3.35 CRC Rock chip
CRC Rock chip
60
60
km
km Selected rock chip
Selected rock chip
35.3 assays in g/t Au
assays in g/t Au
Access Road
Access Road
Tenement Boundary
Tenement Boundary
2.95 (+38g/t Ag, 0.75% Cu, 0.63% Pb)
4.20
7592000 mN 58.5 8.78
Tambourah King
Tambourah King E 35.3 Ma
Ma
rrbl
Western Chief E
bleeB
Western Chief Baarr
12
1200k
km
52.1 m
Alexandria
Alexandria E
49.4
8.95
E Kushmattie
Kushmattie
7590000 mN
E Victory Tambourah
Victory Tambourah
200km
PORT HEADLAND
Marble Bar 1km
1km
GDA94
GDA94
Tambourah
WESTERN Zone 50
Zone 50
7588000 mN AUSTRALIA
