Mineralisation at Cleopatra was also intersected with 8m @ 1.79g/t Au from 38m in XARC009. An interesting copper anomaly of 1m @ 8.3% from 99m in XARC003 will be assessed in more detail. Platina Managing Director
'Xanadu remains a very attractive geological target due to the number of historical high-grade gold intersections within a widespread, 10km zone of hydrothermal alteration on the Nanjilgardy fault zone and its splays in close proximity to the multi-million Mt Olympus gold deposit,'
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The program was widely spaced, targeting a 4km section within the 10km mineralised and altered corridor. This program has been valuable in identifying various stratigraphic horizons and mineralisation patterns which has added to the knowledge of mineralisation controls. The detailed geochemical analysis of the samples has helped define stratigraphic and alteration assemblages relating to vectoring gold mineralisation, which will help in future targeting of the drilling. This definition will also be used to target the remaining tenement package.
The results in drilling from section across XARC003 and XARC005 are considered extremely encouraging as a down dip trend has been highlighted from the strong surface expression of historic assays. Historical diamond hole WDNS005 had intersected 14m @ 2.14g/t from 31m, this zone was located across the bottom part of the clay chert breccia zone and top section of the sedimentary sequence. XARC003 was planned with an aim to test a down dip extension of this historical intersection. Although no gold assays were returned in the sedimentary stratigraphy of this hole a 14m zone of massive sulphides was intercepted. In this zone, 14m @ 593ppm arsenic was returned (minimum cut-off 117ppm with no internal dilution) and just above this zone from 99-100m, 8.3% Cu was also returned. The significance of these assays is being studied for future targeting. Further 120m down dip in XARC005 an aggregate zone of 43m @ 0.36g/t Au from 143m including a core of 7m @ 1.05g/t Au from 168m was returned. Quartz stringers were associated with this zone. This intersection is considered highly encouraging as it highlights a potential structure feeder and deeper extension of gold mineralisation. This section also opens up the possibility of a replication of the style, structure and mineralisation of the Amphitheatre pit.
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Platina is an Australian-based company focused on returning shareholder value by advancing early-stage metals projects through exploration, feasibility, permitting and into development. The Company controls a portfolio of gold projects in
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The information in this Report that relates to Xanadu exploration results is based on information reviewed and compiled by Mr
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