Glen Innes- 80% Earn in Joint Venture - Surveyor Resources Pty Ltd
- Altan Drilling in 2019 successfully discovered mineralisation North of the Corinthian Mine
- Follow up drilling 2021
The Paddocks target covers a 2.2km-long area which has returned a patchy subdued magnetic response of magnetic stratigraphy in the interpreted position of the FCSZ, coincident with a strong gold-in-auger response.
Drill coverage below 50m vertical is limited with historical drilling not effectively testing the gold-in-auger anomaly.
Historical drill intercepts at Paddocks have included 3m @ 9.51g/t from 48 metres in drillhole SXR032 and 4m @ 5.5g/t from 18m in drillhole UNKUNK020.
CN04, as shown on the map, is a zone of interpreted magnetic destruction adjacent to the FCSZ.
Historical intercepts have included 2m @ 7.72g/t and 5m @ 2.0g/t from 23m.
[Altan Rio is proposing to undertake 1,500m of RAB drilling and 1,000m of RC drilling at Paddocks prospect as part of its Phase 2 exploration program.]