Queensland Mining Corporation Ltd
Transcript of Queensland Mining Corporation Ltd
Queensland Mining Corporation Ltd
Technical Report
1033
Exploration Permit for Minerals No 14148 ‘White Range #1’, Queensland
Annual Report
For the Period Ended 18th October 2011
QUEENSLAND MINING CORPORATION LTD ANNUAL REPORT EPM 14148 WHITE RANGE COPPER PROJECT
EPM 14148 ANNUAL REPORT November 2011
QUEENSLAND MINING CORPORATION LTD
TECHNICAL REPORT
No. 1033 TITLE: EXPLORATION PERMIT FOR MINERALS No.14148 ‘WHITE RANGE #1’, QUEENSLAND ANNUAL REPORT FOR THE PERIOD ENDING 18th OCTOBER 2011 HOLDER: MATRIX METALS LTD OPERATOR: QUEENSLAND MINING CORPORATION LTD 1:250,000 SHEET: SF54-2 CLONCURRY 1:100,000 SHEET: CLONCURRY (7056), MOUNT ANGELAY (7055),
MARRABA (6956) AND MALBON (6955) INVESTIGATIONS CONDUCTED BY: QUEENSLAND MINING CORPORATION LTD AUTHORS: P.L.PAULL PLP Geological Consultancy Pty Ltd SUBMITTED BY: G. XU DATE: 22nd NOVEMBER, 2011
DISTRIBUTION
QUEENSLAND MINING CORPORATION LTD ANNUAL REPORT EPM 14148 WHITE RANGE COPPER PROJECT
EPM 14148 ANNUAL REPORT November 2011
1. Queensland Mining Corporation Ltd, Exploration Office Cloncurry 2. Queensland Mining Corporation Ltd, Sydney 3. Queensland Department of Mines and Energy
QUEENSLAND MINING CORPORATION LTD ANNUAL REPORT EPM 14148 WHITE RANGE COPPER PROJECT
EPM 14148 ANNUAL REPORT November 2011
LIST OF CONTENTS 1. INTRODUCTION.......................................................................................................... 2
2. LOCATION AND ACCESS.......................................................................................... 4
3. TENURE ........................................................................................................................ 4
4. EXPLORATION RATIONALE .................................................................................... 7
5. REGIONAL GEOLOGY ............................................................................................... 7
6. PREVIOUS EXPLORATION...................................................................................... 11
7. CURRENT EXPLORATION ...................................................................................... 12
7.1 EAGLE PROSPECT...................................................................................................... 12
7.1.1 Eagle Prospect Reconnaissance Mapping and Sampling............................................ 12
7.1.2 Eagle Prospect Reappraisal ........................................................................................ 17
7.2 MANOMM PROSPECT ............................................................................................... 20
7.2.1 Manomm Prospect Reconnaissance Mapping and Sampling...................................... 20
7.2.2 Manomm Prospect Reappraisal................................................................................... 22
8. CONCLUSIONS .......................................................................................................... 23
9. PROPOSED WORK PROGRAM FOR NEXT YEAR ............................................... 23
10. REFERENCES............................................................................................................. 24
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LIST OF FIGURES
Figure No Title Scale
1 EPM 14148 White Range #1 Location Plan
2 EPM 14148 White Range #1 1:250,000
Location and Access Plan
3 EPM 14148 White Range #1 1:150,000 Sub-block Location Plan
4 EPM 14148 White Range #1 1:150,000
Regional Geology Plan
5 EPM 14148 White Range #1 1:7,500 Eagle Prospect -80# Soil Sample Number and Sample Location Plan
6 EPM 14148 White Range #1 1:7,500 Eagle Prospect -80# Soil Gold ppb Values Location Plan
7 EPM 14148 White Range #1 1:7,500 Eagle Prospect -80# Soil Copper ppm Values Location Plan
8 EPM 14148 White Range #1 1:7,500 Eagle Prospect -80# Soil Barium ppm Values Location Plan
9 EPM 14148 White Range #1 1:7,500
Eagle Prospect -80# Soil Potassium ppm Values Location Plan
10 EPM 14148 White Range #1 1:7,500 Eagle Prospect -80# Soil Gold ppb Image Plan
11 EPM 14148 White Range #1 1:7,500 Eagle Prospect -80# Soil Copper ppm Image Plan
12 EPM 14148 White Range #1 1:7,500 Eagle Prospect -80# Soil Barium Image Plan
13 EPM 14148 White Range #1 1:7,500
Eagle Prospect -80# Soil Potassium ppm Image Plan
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EPM 14148 ANNUAL REPORT November 2011
LIST OF FIGURES Figure No Title Scale
14 EPM 14148 White Range #1 Eagle Prospect -80# Soil Gold ppb Probability Plot
15 EPM 14148 White Range #1 Eagle Prospect -80# Soil Copper ppm Probability Plot
16 EPM 14148 White Range #1 Eagle Prospect -80# Soil Barium ppm Probability Plot
17 EPM 14148 White Range #1 Eagle Prospect -80# Soil Potassium ppm Probability Plot
18 EPM 14148 White Range #1 1:12,,500 Manomm Prospect Aeromagnetics and Geochemistry Plan
19 EPM 14148 White Range #1 1:2,,500 Manomm Prospect Xstrata Geology and Geochemistry Plan
20 EPM 14148 White Range #1 1:12,,500 Manomm Prospect Cyprus Drill Holes on Xstrata Aeromagnetics Plan
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SUMMARY EPM 14148 ‘White Range #1’ was acquired to undertake exploration for bulk
tonnage Greenmount and Mount McCabe styles oxide copper deposits and iron
oxide copper gold (IOCG) deposits within the marginal zone of the Marimo Basin.
.
This report comprises a summary of exploration activities completed during the 12-
month period ending 18th October 2011.
Queensland Mining Corporation Ltd acquired title to the tenement from the
Liquidators of Matrix Metals Ltd on the 16th July 2010 and commenced data analysis
and the formulation of exploration strategies.
It is envisaged a comprehensive exploration programme will be instigated during the
next reporting period, comprising lag, soil and rockchip sampling programmes and
drilling.
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1. INTRODUCTION This report has been prepared to present exploration activities undertaken on
Exploration Permit (EPM) 14148 during the twelve months from the 19th of October
2010 to the 18th of October 2011.
EPM 14148, which is located in the Mount Isa region of northwest Queensland
between latitudes 20°55’S & 21°10’S, and longitudes 140°24’E & 140°40’E, was
granted to Matrix Metals on the 19th of October 2004 for a term of four years. The
tenement is centred on a point approximately 30km south of Cloncurry (Refer to
Figures 1 & 2), partly surrounding Matrix’ Mining Leases ML 2519 (“Vulcan”),
90082 (“Mount McCabe”), and 90134 (“Greenmount”), as well as the Company’s
Mineral Development Licences MDL 205 (“Greenmount”), and MDL 204 (“Copper
Canyon”). These leases contain estimated combined resources of some 9 Mt at a
grade of a little over 1% copper.
Matrix Metals Ltd Joint-Ventured EPM 14148 and the Mt McCabe ML within the
tenement to Xstrata Copper Pty Ltd with the JV taking effect from 14th September
2006, with Xstrata to manage their own exploration.
Under the terms of the JV, Xstrata can earn 55% interest in EPM 14148 by
expending not less than $5million in three years on the JV tenements.
Xstrata can earn a further 20% by spending a further $10million within a further five
year period, or completing a feasibility study during the sole funding period.
Matrix was to maintain 100% ownership of the tenements to a depth of 100 metres,
until a decision to mine is made, at which time the JV has the right to buy that part
of the tenements at fair market value.
Following an expenditure of some $1.85 million on the tenements in the intervening
period, on the 12 May 2009 Xstrata advised Matrix that the Joint Venture agreement
was formally terminated and that they would have no further interest in the
tenement.
Following financial difficulties encountered due to the Global Financial Crisis (GFC)
and the collapse of the Copper price, on the 11 November 2008 Matrix appointed
an Administrator whom subsequently became the Liquidator’s (Ernst & Young), and
several days later a Receiver / Manager (Deloitte) was appointed over certain
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assets of the Company. Queensland Mining Corporation Ltd (QMC) acquired title to
the tenement from the Liquidators of Matrix Metals Ltd on 16 July 2010. As a result
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of this only limited field exploration activities have been possible during the reporting
period.
2. LOCATION AND ACCESS
The tenement, which is centred on a point approximately 30 km south of
Cloncurry partly surrounds Matrix’ (now QMC’) Mining Leases ML 2519 (“Vulcan”),
90082 (“Mount McCabe”), and 90134 (“Greenmount”), as well as the Company’s
Mineral Development Licences MDL 205 (“Greenmount”) and MDL 204 (“Copper
Canyon”). These leases contain estimated combined resources of some 9 Mt at a
grade of a little over 1% copper.
(Refer Figures 1 & 2).
The EPM 14148 area can be reached from Cloncurry via the sealed Cloncurry-
Dajarra road for a distance of some 40km, then by station tracks for a further 40 to
50km. Alternative access is along the eastern side of the Cloncurry River via
station tracks for a distance of some 40 to 50km. These station tracks are
frequently inaccessible during the wet season.
3. TENURE
When EPM 14148 was granted on the 19 October 2004 the Permit consisted
originally of 64 sub-blocks in eight discrete groups, the larger south-eastern one
being a sub-block group of 43. Two of the other larger groups of eight and seven
sub-blocks each, were located respectively to the north and west of this. At the
subsequent October 2006 anniversary the tenement was reduced to the present 32
sub-blocks in six groups as shown in Figures 2 & 3, and tabulated below in Table 1.
Table 1 – EPM 14148 Sub-Block Detail BIM CLONCURRY
Blocks Sub-blocks # 821 K 1 822 Q 1 823 P, T 2 894 B, J, O, P, T, U, Y, Z 8 967 D, E, F, G, H, J, K, O, P, U, Z 11 968 A, B, C, F, G, H,L,Q,V 9
(Refer to Figure 3) Total: 32
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FIGURE: 2 EPM 14148 LOCATION AND ACCESS PLAN
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FIGURE: 3 EPM 14148 SUB-BLOCK LOCATION PLAN
On 15 October 2008 application for renewal of EPM 14148 was submitted to the
Department of Mines and Energy in Brisbane, and on 15 January 2010 a renewal of
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all 32 sub-blocks was granted for 2 years from 19 October 2008. Subsequently on
13 August 2010 application for further renewal of EPM 14148 for a period of 5 years
was submitted to the Department, this report the tenement still consisted of all 32
sub-blocks.
Queensland Mining Corporation Ltd acquired title to the tenement from the
Liquidators of Matrix Metals Ltd on 16 July 2010.
Due to the situation with the liquidation of Matrix Metals Ltd nil relinquishment was
granted by the DME.
4. EXPLORATION RATIONALE EPM 14148 ‘White Range #1’ was acquired to undertake exploration for bulk
tonnage Greenmount “vein stockwork/disseminated” and Mount McCabe
“breccia/vein stockwork” styles of oxide copper deposits and iron oxide copper gold
(IOCG) deposits within the marginal zone of the Marimo Basin.
QMC intends to fully investigate the oxide copper potential of the known prospects
for vein stockwork and disseminated copper oxide hosted in the slates in the
marginal zone of the Marimo Basin and breccia hosted mineralisation of the Mount
McCabe style.
The vein stockwork/disseminated style is known to occur at the following prospects;
Sierra, Toby Barty, Mount Cyril and Chopper Ridge, while the breccia style is
present at Sierra and the relatively unexplored Sierra South Prospect.
Also stockwork veining/joint fill copper oxide in extremely silicified Marimo slates
remains to be explored at the SiPa Prospect and the Sierra West zone.
In addition to these styles of mineralisation, IOCG style mineralisation and primary
sulphide mineralisation potential beneath the copper oxides will be explored.
5. REGIONAL GEOLOGY
Figure 4 shows the general geology of the tenement largely based on the 1:100,000
scale Geological Sheets for Cloncurry (7056), Mount Angelay (7055), Marraba
(6956) and Malbon (6955). These Sheets are supplied on the March 2007 DVD
“Queensland Geological Mapping Data for Regional and 1:00,000 Sheet Areas”, by
the Department of Mines & Energy, Queensland, and form respectively the SE and
NE corners of the Cloncurry 1:250,000 Geological Sheet (SF54-02), and the
Duchess 1:250,000 Geological Sheet (SF54-06)
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FIGURE: 4 EPM 14148 REGIONAL GEOLOGY PLAN
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The tenement is underlain by rocks of the Mary Kathleen Group and the Young
Australia Group. The former being part of Cover Sequence 2, and the latter
belonging to Cover Sequence 3 (Foster & Austin, 2006). The various Rock Units
included in these two groups are listed in the legend in Figure 4a, which also shows
the lithologies that make up the different Units. As shown in Figures 4/4a, the
majority of lithologies underlying the tenement are metasedimentary, and include
mostly slate, quartzite, jaspilite, and calc-silicate rocks, with minor arenite,
limestone, and siltstone.
The Mitakoodi Quartzite (PLnm/1 to PLnm/3) is the oldest unit of the Mary Kathleen
Group, and crops out in the most south-western corners of the larger west group of
sub-blocks. This unit is overlain to the east by the Overhang Jaspilite (PLkj and
PLkj/q), with minor amounts of Corella Formation (PLkc) occurring further east
again. The youngest unit of the Mary Kathleen Group, the Doherty Formation (PLkd
and PLkd/br) is only represented in the southeastern-most sub-block of EPM 14148.
The Young Australia Group comprises rock units formerly assigned to the Mary
Kathleen Group, but which were subsequently found to be considerably younger
(Foster & Austin), and are now assigned to Cover Sequence 3. Units cropping out
in the original “Toby Barty” and “Overhang” areas belonging to this category are the
Staveley Formation (PLks and PLks/br) and the overlying Marimo Slate (PLkm,
PLkm/1a, PLkm/1l, PLkm/1s, PLkm/1t, and PLkm/2).
The three small blocks to the north west are underlain by various Members of the
Marimo Slate (shown as PLkm in Fig. 4), which is a unit of the Middle Proterozoic
Mary Kathleen Group. These rocks comprise siltstone, grey and brown shale, slate,
sandstone, quartzite, and conglomerate (Member 1); siltstone, calcareous siltstone,
marl, limestone, and quartzite (Member 1a); siltstone and slate (Member 1s);
phyllite, mica schist, siltstone, and shale (Member 1t); fine sandstone, quartzite, and
siltstone (Member 1q); ferruginous siltstone, fine sandstone, minor marl and
conglomerate (Member 2). The lower block also has small outcrops of the
underlying Staveley Formation, another unit of the Mary Kathleen Group,
comprising poorly sorted, variably calcareous, ferruginous, feldspathic and siliceous
arenite, siltstone and phyllite; calcareous granofels; minor breccia, limestone,
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banded ironstone, chert (PLks), and calcareous and ferruginous breccia, minor
bedded calcareous granofels and arenite (PLksbr, Member br).
Staveley Formation rocks are more widespread in the central group (7 sub-blocks),
where they are represented largely by two Members. These include siltstone,
shale, and phyllite, with minor feldspathic arenite (PLkst), and calcareous and
ferruginous breccia, with minor bedded calcareous granofels and arenite (PLksbr).
The remainder of the group is underlain by Marimo Slate (PLkm), represented by
carbonaceous siltstone and slate, limestone, calcareous sandstone, as well as
minor marl, arenite, phyllite, chert, and siliceous to calcareous breccia. The south-
east corner is occupied by the Roxmere Quartzite (PLpr), the basal unit of the
Mount Albert Group of Middle Proterozoic age, post-dating the Mary Kathleen
Group rocks. The rocks making up this unit are feldspathic arenite and quartzite,
calcareous and quartzofeldspathic sandstone, with some minor siltstone, and
conglomerate.
The two small blocks to the north are again underlain by similar lithologies as the
ones outlined above, apart from the most northerly portions where Corella
Formation rocks (PLkc) have been mapped. The Corella Formation, like the
Marimo Slate and Staveley Formation, also forms part of the Mary Kathleen Group,
but pre-dates these units. Its lithologies include banded gneissic calc-silicate rocks,
variably scapolitic, amphibolitic, siliceous, calcareous, and/or feldspathic, as well as
minor massive to sheared metavolcanics, metasiltstone, quartzite, marble, mica
schist, slate, phyllite, and breccia.
The remainder of these northern blocks contain Staveley Formation calcareous and
ferruginous breccia, with minor bedded calcareous granofels and arenite (PLks,
PLksbr), and Marimo Slate carbonaceous siltstone and slate, limestone, calcareous
sandstone, as well as minor marl, arenite, phyllite, chert, and siliceous to calcareous
breccia. Roxmere Quartzite also occurs in these blocks and all of the above
lithologies are in places overlain by Mesozoic conglomerate, sandstone, siltstone,
claystone, grit; minor mudstone, chert, silcrete, and ferricrete.
Finally the larger southern group (20 sub-blocks), has two Formations of the Mary
Kathleen Group, one being the Corella Formation (PLkcbr), in this area consisting
of calc-silicate breccia, and the other the slightly younger Doherty Formation
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(PLkd), which includes banded to massive, amphibolitic, siliceous and calc-silicate
granofels, with minor calc-silicate breccia. Both Formations are intruded by
dykes/sills, and bodies of metadolerite, schistose and massive amphibolite, and
dolerite, all of various Late Proterozoic ages.
The Doherty and Corella Formation rocks are also intruded by two phases of the
Williams Batholith. In the east a body of Mount Angelay Granite (PLgia) crops out,
comprising non-porphyritic to porphyritic biotite, hornblende and hornblende-biotite
granite, locally foliated, and with minor pyroxene-bearing granite, granodiorite,
leucogranite, and aplite.
In the south-western corner a small intrusion of Squirrel Hills Granite (PLgis),
consisting of biotite and hornblende-biotite granite, with minor porphyritic granite
and aplite, is exposed.
A very small body of leucogranite, with common xenoliths, is mapped in the north-
west of the block. This area is also traversed by the southern end of the NNE-erly
striking Big Mick Fault.
6. PREVIOUS EXPLORATION
All known mineral occurrences and historic workings of the tenement are located
across the groups of sub-blocks as shown in Figure 4. Previous reporting has also
illustrated the presence of numerous small unnamed occurrences, mostly small
copper shows. (Rypkema, 2006; Paull, 2007).
The geology, mineral occurrences and historical exploration have been reported in
detail in previous annual and partial relinquishment reports, and the reader is
referred to these for further information. (Rypkema, 2006; Paull, 2007; Harvey et al,
2008).
All recent geological mapping and interpretation conducted by Matrix has been
reported previously. Earlier work by Xstrata and Deep Yellow Ltd on EPM 14148
has been previously reported in the 2007 - 2009 Annual Reports to the Department.
(Paull, 2007; Harvey et al, 2008; Frew, 2009)
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7. CURRENT EXPLORATION Since acquiring the tenement in mid July, 2010 Queensland Mining Corporation Ltd
(QMC) has undertaken, a data review and analysis, field reconnaissance and
formulation of exploration strategies. To facilitate access numerous access tracks
have been gradered.
The data review and analysis has focussed on the Eagle and Manomm Prospects,
and the results are presented below;
7.1 EAGLE PROSPECT
7.1.1 Eagle Prospect Reconnaissance Mapping and Sampling
Extract from Xstrata’s 2008 Report on exploration undertaken by Xstrata.
Introduction
The Eagle Prospect, an IOCG target located 9 km south-east of Mount McCabe, is
defined by an intense magnetic response associated with a gabbroic body intruding
calc-silicate rocks. The magnetic system expresses itself over an area of
approximately 2 km with elevated copper, gold and uranium values reported in rock
chip and stream sediment samples coincident with this magnetic feature. Previous Work
A total of 27 -80# stream sediment samples (mainly taken by Matrix, some by
previous explorers) generally returned assays better than 100ppm copper with a
maximum of 280ppm copper. Gold values are commonly elevated (to 0.032g/t) with
two highly anomalous results of 0.517g/t (with 97ppm copper) and 0.11g/t (with
133ppm copper).
Anomalous rock chip samples collected by Matrix returned copper-gold values of
37.3 % copper, 22.7% copper with 2.12g/t gold, and 22.2% copper with 0.68g/t
gold, 2.4% copper with 1.71g/t gold and 0.98% copper with 1.25g/t gold. Also
several samples were found to be anomalous in uranium; up to 216ppm uranium.
Mapping completed by Matrix at 1:2,500 scale identified a large gabbro body
intruded by pegmatite.
The published 1:100,000 geological map shows a dolerite body of approximately 1
by 0.75km dimensions corresponding with that shown on the Matrix map. This
intrudes rocks of the Corella and Doherty Formations. A strong magnetic anomaly
corresponds well with the mapped mafic intrusive, but elongate lobes of anomaly
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extend to the south and southeast of the main anomaly, in the former case for over
3km.
Geological Mapping/ Rock Chip Sampling
Following reconnaissance mapping over the magnetic system and anomalous
geochemistry, a 1:5,000 scale map was produced (Figure 5, Xstrata Report
Drawing No. 58693). Eleven rock samples were dispatched for multi-element
analysis (Xstrata Report Appendix 5) and three samples were sent to Applied
Petrological Services (APS) in New Zealand for thin and polished section study
(Xstrata Report Appendix 6).
Outcrop is extremely good in this area which is underlain by finely bedded calc-
silicate rocks of the Corella/Doherty Formations. A large area of ‘Type 1’ (JCU
classification) breccia lies to the southeast of the main mafic intrusive. The calc-
silicates have a metamorphic/metasomatic assemblage of albite/K-feldspar
(probably the regional albite alteration) ± epidote ± actinolite ± tremolite ± silica ±
clinopyroxene ± magnetite. The magnetite appears to be spatially related
to the mafic intrusive. Pink feldspar alteration appears very widespread in the
general area but decreasingly so to the east. Scapolite is rare suggesting the calc-
silicate minerals are largely due to alteration.
These rocks generally strike approximately 330º and dip steeply to the west. There
are some variable bedding attitudes in the area of Type 1 brecciation.
Eight mafic intrusive bodies were mapped in the area, the largest of these is about
1.3km by up to 0.9km in size and corresponds quite well with that shown on the
published geological maps. The second largest is a 1.5 by 0.5km sill that occurs to
the south of the western part of the main intrusive. These intrusives are presumably
apophyses of a larger mafic body at depth.
The outcropping mafic rocks are quite easily distinguishable on the Google Earth
imagery.
These mafic rocks are quite variable in texture and composition with fine-grained
dolerite (usually at intrusive margins), dolerite, gabbro and mafic diorite recognised
in the field. All variants are composed of amphibole (metamorphic?) and
plagioclase, rare quartz phenocrysts were seen. Alteration is extremely variable
ranging from essentially non-existent with only joint controlled epidote to a strong
albite/K-feldspar – epidote – actinolite assemblage similar to in the calc-silicate
rocks. This alteration is best developed in the western part of the area. The mafic
units are almost everywhere magnetic, sometimes very strongly so. Magnetite is
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generally disseminated throughout the rock, most often it appears to be a primary
constituent of the rock, and only rarely does it appear to be clearly hydrothermal in
minor veinlets and clusters of magnetite.
The airborne magnetic anomaly corresponds well with the field observations of
magnetite in mafics and the surrounding calc-silicates.
Pegmatite/aplite bodies intrude the mafics and the calc-silicates. These are dykes
and sills ranging from less than a metre to 200m wide and consisting of quartz,
plagioclase and Kfeldspar.
Myrmekitic texture is common. These felsic intrusives are of magmatic origin and
are distinct from the pegmatites found in the higher grade metamorphics to the
southeast which contain tourmaline and muscovite and are interpreted to form from
partial melting. At Eagle, the felsic intrusives clearly post-date the mafic bodies.
Mineralisation
The rock samples with high grade copper and gold were found to have been
selective samples taken from a small area (approximately 40 by 10m) of sub-
cropping boulders of siliceous gossanous rock with minor malachite and
chrysocolla, quartz breccia and silicified carbonate, or from float in a stream
draining this occurrence. This sub-crop occurs just to the west of the largest mafic
intrusive body. Another similar area of sub-cropping boulders of similar (but less
well mineralised) material occurs about 120m to the north northwest. A Matrix rock
sample, from here assayed 920ppm copper. There is little outcrop (calc-silicate) in
the area between these two occurrences. This mineralisation does not have obvious
IOCG affinities.
Elsewhere very small quantities of chalcopyrite with lesser pyrite and some possible
native copper are quite common as fine-grained disseminations within the mafic
units. No such mineralisation has been seen in the calc-silicates. Sometimes the
chalcopyrite occurs within essentially unaltered mafic (a primary constituent of the
rock?); in other places it appears to be associated with the alteration assemblage,
especially epidote. No hydrothermal or tectonic brecciation, which could provide an
open space host for IOCG mineralisation, was seen in outcrop or float. A summary
of the rock assays is shown in Table 6.
As expected, the mafic intrusive with disseminated chalcopyrite generally assayed a
few hundred parts per million. The great majority of the copper anomalous stream
sediment samples were from streams draining the mafic units. A number of these
samples were from very small streams, less than 200m in length, draining solid
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mafic intrusive outcrop and containing only mafic intrusive float. Clearly the copper
was derived from the minor chalcopyrite disseminations in these units.
Sample Description Au (g/t)
Cu (ppm/%)
MA77385 Yellow-brown siliceous ironstone float 0.019 1175
MA77386
Silic calc-sil, ferr silic bx cement, qtz clasts and veins, gossanous, malachite & chrysocolla. Site of Matrix high grade sample. 0.93 7.22%
MA77387 Dolerite, intense alb-ep-act-mt, tr fgr cpy <0.001 158
MA77388 Mafic qtz dior, wk ep-alb alt, mod-str mt, tr cpy & py disseminated
<0.001 174
MA77389 Mafic dior/dol, wk gen fx cont. alb & ep, str mt, tr specks cpy and ntv Cu? 0.004 1110
MA77390 Dol/dior, vstr alb/ksp alt, act-ep, prob hydr mt 10%+, tr cpy assoc with epidote 0.012 354
MA77391 Dior/gab, var ep alt, some alb/ksp, some alb-act vns, tr cpy assoc with epidote 0.001 286
MA77392 Pegmatite, qtz-K-feldspar <0.001 5
MA77393 Dolerite, alb/ksp-act-str mt alt, tr cpy & malachite 0.018 431
MA77394 Dol/dior, qtz vns, bi-alb-act-ep alt, tr wthd sulfide - py? Wk to non-magnetic
<0.001 28
MA77395 Mafic dior, var alb/ksp-ep-act-str mt, tr sulfide and malachite 0.012 438
Table 6: Eagle Prospect - Rock Samples Assay Summary
The uranium anomalous rock samples appear to have all been taken from unaltered
pegmatite outcrop thus the high uranium appears to be due to high background
within these rocks rather than being of IOCG affiliation. The one sample of
pegmatite collected in this phase of work only assayed 20ppm uranium.
Petrological Report Three samples of copper mineralised mafic intrusive were
submitted to Applied Petrological Services for petrological examination (Appendix
6).The following is a brief summary of the observations:
Primary lithology
• Primary lithology is probably melanocratic quartz-amphibole-pyroxene-
magnetite
diorite; possible gabbro. Alteration
• Early metasomatism comprises hornblende, albite, magnetite, hematite,
epidote and tourmaline. In one sample quartz, clinopyroxene, hornblende,
magnetite, biotite, K-feldspar, hematite and magnetite is the earliest alteration
assemblage.
• Later metasomatic mineralogy consists of sericite, actinolite/tremolite, chlorite,
QUEENSLAND MINING CORPORATION LTD ANNUAL REPORT EPM 14148 WHITE RANGE COPPER PROJECT
16 EPM 14148 ANNUAL REPORT November 2011
epidote, pyrite, carbonate, prehnite and rutile. Mineralisation
• Grains of chalcopyrite are intergrown with earliest metasomatic replacement
assemblages, in places intergrown with secondary magnetite and amphibole. There
is also some pyrite.
• Possibly more abundant chalcopyrite is intergrown with late hydrothermal
mineralogy.
• Some chalcopyrite is intergrown with secondary minerals filling cavities and
microfractures.
• Chalcopyrite has been altered to varying proportions of covellite, chalcocite
and later malachite and chrysocolla.
Petrologist Interpretation and Discussion
• Some evidence for a thermal metamorphic component to
replacement/recrystallisation – perhaps defining an endoskarn rock type. This
could also be due to the pegmatite intrusion.
• Both primary and secondary magnetite were observed.
• Copper sulphides are clearly metasomatic in association – with high-
temperature metasomatic and later low temperature metasomatic mineralogy.
• The copper could be internally sourced and remobilised from within the mafic
intrusive, together with metasomatic fluids.
Conclusions and Recommendations
The assay results and petrography analysis of the rock chips samples confirm the
high back ground of copper present in the mafic units which appears to account for
the elevated stream geochemistry. Primary pyrite and chalcopyrite associated with
magnetite is commonly seen in intrusive mafic units throughout the Eastern
Succession; however gold and uranium in particular, are usually only associated
with the better developed copper systems. It is suggested that the elevated
geochemistry (copper-gold-uranium) associated with what appears to be a
significant magnetic alteration system, could represent a halo to an IOCG system
and additional work is required.
Extract from Xstrata’s 2009 Report on exploration at the Eagle Prospect.
Exploration conducted by XCuX on the McCabe Project during the 2008/2009
reporting period was restricted to -80# soil surveying over the Eagle IOCG magnetic
target (Drawing No 58789), in November 2008.
QUEENSLAND MINING CORPORATION LTD ANNUAL REPORT EPM 14148 WHITE RANGE COPPER PROJECT
17 EPM 14148 ANNUAL REPORT November 2011
The gridded -80# soil sampling program was conducted to determine the
distribution of copper over the prospect and the extent of the anomalous gold and
uranium within the system.
A total of 263 samples were collected by Terra Search and dispatched to ALS-
Chemex for analysis by a standard suite of 13 elements, As, Ag, Ba, Co, Cu, Fe, K,
Mn, Pb, S, U and Zn using method ME-ICP41s, and gold by analytical method Au-
AA21. Sample coordinates (AMG Zone 54 AGD 84) and analytical data are
provided in (Xstrata) Appendix 1.
Inspection of the data identified that elevated copper (100-455ppm Cu), zinc, iron
and cobalt is generally associated with mapped mafic units, however weakly
elevated barium, gold and potassium appear to be discriminating a NW-SE
orientated structure striking along the western edge of the magnetic dolerite
(Drawing No 58722). Uranium generally assayed below or on the detection limit
(10ppm U) of the analytical method.
The extent of the anomalism was found to be confined to the mafic units and
mapped narrow mineralised veins. Multi-element geochemistry is of low order and
the copper associated with the mafic unit is considered back ground. It was
recommended no further work be completed over the prospect.
7.1.2 Eagle Prospect Reappraisal
Queensland Mining Corporation Ltd (QMC) has undertaken analysis of previous
work on the Eagle Prospect and determined that further exploration is warranted on
the basis that Xstrata carried out soil sampling on 200m spaced lines, hence
anomalism trends are possibly distorted and that the results confirm a highly
anomalous system exists, with a very distinct gold zone trending roughly NS that is
separate from the main copper anomalous zone. Barium and to a lesser degree
potassium follow in part roughly similar trend’s to the gold, highlighting potential
albeit most likely at depth for IOCG style mineralisation.
The -80# soil gold, copper, barium and potassium values are shown in Figures 6, 7,
8 and 9 respectively. With respective Images shown in Figures 10, 11, 12 and 13.
The band values have been determined from probability plots of the respective
elements, as shown in Figures 14, 15, 16 and 17 below.
Xstrata concluded that the copper was a primary constituent of the gabbro, however
the distribution is very heterogeneous and on the data available there is a distinct
QUEENSLAND MINING CORPORATION LTD ANNUAL REPORT EPM 14148 WHITE RANGE COPPER PROJECT
18 EPM 14148 ANNUAL REPORT November 2011
“high grade” zone trending N-S with the main gabbro body. This coupled with the
“N-S” trend in the gold values tends to suggest there are nominal N-S feeder
structures and the gabbro was a more amenable host than the surrounding
Corella/Doherty Formation.
Recent research within the Mt Isa Inlier has indicated that there is high potential for
IOCG deposits within a 750m zone around gabbroic intrusions. Hence on this
premis, one can only conclude that a prospect with a relatively large gold and
copper bearing gabbro with associated highly anomalous uranium bearing
pegmatite, albeit restricted in area, is a viable IOCG target warranting further
exploration.
FIGURE: 14 EPM 14148 EAGLE -80# SOIL GOLD in ppb PROBABILITY PLOT
QUEENSLAND MINING CORPORATION LTD ANNUAL REPORT EPM 14148 WHITE RANGE COPPER PROJECT
19 EPM 14148 ANNUAL REPORT November 2011
FIGURE: 15 EPM 14148 EAGLE -80# SOIL COPPER in ppm PROBABILITY PLOT
FIGURE: 16 EPM 141448 EAGLE -80# SOIL BARIUM in ppm PROBABILITY PLOT
QUEENSLAND MINING CORPORATION LTD ANNUAL REPORT EPM 14148 WHITE RANGE COPPER PROJECT
20 EPM 14148 ANNUAL REPORT November 2011
FIGURE: 17 EPM 14148 EAGLE -80# SOIL POTASSIUM in ppm PROBABILITY PLOT
7.2 MANOMM PROSPECT
7.2.1 Manomm Prospect Reconnaissance Mapping and Sampling
(Extract from Xstrata’s 2007 Report on exploration undertaken by Xstrata.)
The Manomm Prospect “is located northwest of Mount McCabe. Four holes totalling
1,298.5m were drilled by Cyprus in 1994 to 1996 to test weak geochemical anomalism
associated with a magnetic high. The area to the immediate south remained relatively
untested with previous surface geochemistry highlighting moderately anomalous copper in
soils that had not been followed up.
Field mapping was conducted in the mid-year. The area consists of a series of tight to
isoclinal north to northwest oriented, intensely altered and variably mineralised folds, faults
and shear zones. The western limb of one such fold forms a north-south-trending ridge to
the west. The limb and fold hinge occur as intensely silicified shale, with prominent
malachite staining localised at the intersection of these structures and northwest-oriented
faults. Other quartz-rich faults in the area contain minor visible chalcopyrite and pyrite. The
area was selectively rock chipped during the mapping exercise.
QUEENSLAND MINING CORPORATION LTD ANNUAL REPORT EPM 14148 WHITE RANGE COPPER PROJECT
21 EPM 14148 ANNUAL REPORT November 2011
The locations of rock chip samples taken from the mapped area are shown in Drawing
No. 58607.
Geochemistry
A total of eight rock chips were collected during the mapping of the northwest of Mount
McCabe, immediately south of the Manomm magnetic anomaly.
Assay results from rock chips were received from ALS Chemex on 21 August 2007 (SDA
NWQ07MLB002, Appendix 1). Several of the samples showed moderately anomalous
copper values, including 9,250ppm and 1, 250ppm. These samples were taken from the
intensely silicified, north-northwest oriented, tightly folded syncline of shale that hosts
moderate fracture controlled malachite, where intersected by northwest trending, steep
southwest-dipping faults”.
Geophysics
Detailed Airborne Survey
A systematic detailed airborne magnetic and radiometric survey over a select area of the
Mount McCabe Project EPM 14148, was undertaken in May 2007 by UTS Geophysics Pty
Ltd (UTS). Data was received from the contractor in late June 2007. Magnetic and spectral
radiometric readings were taken along 50 metre spaced north-south flight lines at a nominal
terrain clearance of 25 metres; east-west tie lines were flown at a 500 metre line spacing.
Sampling interval along lines was approximately 5 metres for magnetics and 50 metres for
radiometrics. Survey extent comprised 623 line kilometres. (Xstrata Rpt Survey data are
located in Appendix 3.)
The 2007 Mount McCabe airborne magnetic and radiometric survey was designed to
investigate in detail magnetic and radiometric patterns over portion of Mount McCabe
Project EPM 14148. Contoured 1:10,000 scale images (as PDF files) of digital terrain, total
magnetic intensity, and radiometric potassium, uranium, thorium and total count are located
in Appendix 3.
QUEENSLAND MINING CORPORATION LTD ANNUAL REPORT EPM 14148 WHITE RANGE COPPER PROJECT
22 EPM 14148 ANNUAL REPORT November 2011
3D Magnetic Modelling-Manomm
Gridded TMI data from the 2007 UTS Mount McCabe detailed airborne magnetic and
radiometric survey were processed with UBC 3D magnetic inversion software to generate
an estimated magnetic source body for the main northwest (‘Manomm) magnetic anomaly.
A shallow section comprising a series of thin layers was incorporated into the UBC mesh to
allow modelling of the DTM topography, and GPS aircraft flying height was used to derive
more accurate sampling heights. The resulting UBC mesh and magnetic susceptibility files
were then subset to separate the shallow and main mesh sections to allow direct import into
GOCAD.
Results of this modelling show the magnetic anomaly source body to comprise two discrete,
steeply west-dipping bodies elongate along 140° to 320°, with a slight offset between the
two.
At the 0.1 SI magnetic susceptibility cut-off, the stronger northern body has a strike length of
300 metres at 200 metres subsurface, incorporating a stronger (0.15 SI magnetic
susceptibility) zone in the south which extends to ground surface around 7672050mN
445650mE within a saddle in the main range of hills.
At the 0.1 SI magnetic susceptibility cut-off, the southern body has a strike length of 150
metres. Some weaker material may reach ground surface, but the body proper does not
develop until 50m to 100m sub-surface.
Both magnetic anomaly source bodies continue at depth beyond the modelled limit of over
1,000 metres sub-surface.
7.2.2 Manomm Prospect Reappraisal
The data from the previous exploration of the Manomm Prospect (Magnetic anomaly north
of Mt McCabe) by Cyprus and Xstrata has been analysed and the results indicate further
exploration is warranted.
There is a major difference between the Cyprus and Xstrata interpretations of the source of
the Manomm magnetic anomalies. Cyprus modelling invoked three magnetic bodies, two
dipping east and the major one dipping west, while Xstrata’s model consists of two bodies
dipping steeply west. Both interpretations resulted in respective conclusions that the main
QUEENSLAND MINING CORPORATION LTD ANNUAL REPORT EPM 14148 WHITE RANGE COPPER PROJECT
23 EPM 14148 ANNUAL REPORT November 2011
western anomaly had not been intersected by the drilling carried out by Cyprus. Hence this
combined with anomalous copper soil and rockchip values plus anomalous uranium in
rockchips in an area of a large magnetic low indicates there is high potential to discover an
economic IOCG style deposit at Manomm. See Figures 18 and 19 for location of magnetic
low and anomalous geochemistry. The magnetic low zone extends southeast and
incorporates the Mt McCabe mine area indicating the possibility of a large alteration system
with the most intense alteration (magnetite destruction) occurring in the southwest corner of
the Manomm area.
Work undertaken by QMC has located the on the ground, collars of the three eastern drill
holes of Cyprus, while the pad for the western hole had been located previously, collar
coordinates are tabulated below. See Figure 20 for drill hole locations on Xstrata
aeromagnetics. HOLE ID LOCAL E LOCALN AMG66 E AMG66N RL AZ GRID AZ MAG AZ MGA DIP DEPTH PRECOLLAR COREMRD01 1800 1981 445817 7672464 262 270 230 236 ‐55 705.2 138.2 567MRD02 1400 1895.3 445953 7672080 261 270 230 236 ‐60 60 60 0MRD03 1400 1880 445939 7672073 262 270 230 236 ‐60 303.2 96.6 206.6MRD04 445502.8 7671806 260 93.5 53.5 59.5 ‐65 230.1 149.3 80.8
Cyprus Drill Hole Metadata
8. CONCLUSIONS The data analysis and interpretation of previous exploration has led to the conclusion that within EPM 14148 there is high potential for the discovery of economically viable copper deposits, particularly of the IOCG style of deposit. At the Eagle Prospect, soil and rockchip copper anomalism indicates that there was a mineral rich fluid system operating in an area with favourable host rocks present. Similarly at the Manomm Prospect the occurrence of large magnetic anomalies, favourable host rocks with visible copper mineralisation indicates high potential for the discovery of economic IOCG style mineralisation.
9. PROPOSED WORK PROGRAM FOR NEXT YEAR
It is envisaged that a comprehensive exploration programme will be instigated in the
coming year. This is anticipated to include lag sampling, soil and rockchip sampling,
geophysics and if warranted drilling.
.
QUEENSLAND MINING CORPORATION LTD ANNUAL REPORT EPM 14148 WHITE RANGE COPPER PROJECT
24 EPM 14148 ANNUAL REPORT November 2011
10. REFERENCES
Dredge, C.P., 1994. EPM 7996-Green Valley, Annual Report for the period ended
August 12, 1993. Cyprus Gold Australia Corporation.
Dredge, C.P., 1995. EPM 7996-Green Valley, Annual Report for the period August
13, 1994 to August 12, 1995. Cyprus Gold Australia Corporation.
Foster, D., Austin, J., 2006. pmdCRC 12+3 Mt Isa Eastern Succession Project
Final Report, School of Earth Sciences, James Cook University, Townsville QLD.
Frew, B.G., Quinn, M.D 2010. Annual Report for EPM 14148 ‘White Range #1’,
for the period ending 18th October 2010. Queensland Mining Corporation Ltd
(Matrix Metals Ltd), Report to Department of Mines and Energy.
Frew, B.G., 2009. Annual Report for EPM 14148 ‘White Range #1’, for the period
ending 18th October 2009. Matrix Metals Ltd, Report to Department of Mines and
Energy.
Harvey, T.V., Wynn, L., Von Holt, L.W., Davey, G.R., Jungmann, D.G., 2008.
Miscellaneous Report ISAMISREP.396, Mount McCabe Project Queensland,
Annual Report for the period ending 18th October 2008. Xstrata Copper Report to
Department of Mines and Energy.
Paull, P.L., 2007. White Range Copper Project, Report for EPM 14148 ‘White
Range #1’, for the period ending 18th October 2007. Matrix Metals Ltd, Report to
Department of Mines and Energy.
Rypkema, H.A., 2006. Annual Report for EPM 14148 ‘White Range #1’, for the
period ending 18th October 2006. Matrix Metals Ltd, Report to Department of
Mines and Energy.
Rypkema, H.A., 2006. Partial Relinquishment Report for EPM 14148 ‘White Range
#1’, for the period ending 18th October 2006. Matrix Metals Ltd, Report to
Department of Mines and Energy.
QUEENSLAND MINING CORPORATION LTD ANNUAL REPORT EPM 14148 WHITE RANGE COPPER PROJECT
25 EPM 14148 ANNUAL REPORT November 2011
Shywolup, W., 1994. EPM 7996-Green Valley, Annual Report for the Period
August 13, 1993 to August 12, 1994, For Cyprus Gold Australia Corporation.
Wareen Exploration Pty Ltd.
Shywolup, W., 1996. EPM 7996-Green Valley, Manomm Prospect, Report on 1995
Drilling, For Cyprus Gold Australia Corporation. Wareen Exploration Pty Ltd.
Wilkins, N., 1992. EPM 7996 Top Camp, Report for the 12 Months to August 12,
1992. Cyprus Gold Australia Corporation.
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454500E
454500E
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455000E
455500E
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7666000N 7666000N
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0 150 300 450
Scale 1:7500
6
INTERDEX
EPM 14148 WHITE RANGE #1WHITE RANGE COPPER PROJECT
EAGLE PROSPECT-80# SOIL LOCATION AND NUMBER PLAN
PROJECTION: MGA94 ZONE 54 GDA94
QUEENSLAND MINING CORPORATION LTD
RSGEO:P.L.PAULL
DRAWN: P.L.PAULL
Scale 1:7500
Date :16/10/2011
REPORT: ANNUAL 2011
FIGURE: 5
0.5
460.
5
3376435
3 5 4 22 0.5
7 11 9 6 3 19 3 3 5 2 4 11 2 5 1 4 3 15 0.5
5 3 2
47641124369141483
16
7 6 2 5 7 10 50 10 10 0.5
5 15 7
10 21 5 4 7 8 4322
1 6 12 12 25 13 63 20 14 1
11 2 1 0.5
0.5
0.5
1 0.5
10.
5
0.5
150.5
4521340.5
4810.5
70.5
181378110.5
60.5
0.5
30.5
10 5 10 8 9 10 6 2 774814131108120.
5
6310.5
30.5
43219740742130.5
0.5
10.5
3 6 4 6 13 6 7 3 4 0.5
0.5
211142963417591031215140.5
32 0.
54 5 2 0.
5
6 17 11 3 0.5
3 1 2 3 1 2 0.5
3 1 1 4 5 4 6 5 3 6 22125130.
5
0.5
142 2 4 0.5
5 14 6 14 7
454500E
454500E
455000E
455000E
455500E
455500E
456000E
456000E
7666000N 7666000N
7666500N 7666500N
7667000N 7667000N
7667500N 7667500N
7668000N 7668000N
0 150 300 450
Scale 1:7500
6
0.5
6.53
112
.563
18.5
9424
.625
30.6
5636
.688
48.7
5
60.8
13
90.9
69
97
SIZE = Au_ppb
Histogram Bin Maxima
0.5
1.03
5.22
7.9
11.8
514
.88
22.1
31.0
6
97
COLOUR = Au_ppb
Histogram Bin Maxima
INTERDEX
EPM 14148 WHITE RANGE #1WHITE RANGE COPPER PROJECT
EAGLE PROSPECT-80# SOIL GOLD in ppb
PROJECTION: MGA94 ZONE 54 GDA94
QUEENSLAND MINING CORPORATION LTD
RSGEO:P.L.PAULL
DRAWN: P.L.PAULL
Scale 1:7500
Date :16/10/2011
REPORT: ANNUAL 2011
FIGURE: 6
11 1281215453442
20 23 25 104
64 130
212
111 11 8 26 6 8 40 43 24 20 7 6 5 8 6 7 5 3 36 23
121227141912813131259188
114
4231
21
247 15 21 72 50 13
5
321
85 117
71 60 139 48
105 177
155
167
193
108
803914
8 15 101
187
235
170
96 205
23 11
143
14 4 6 4 4 27 94 1126331230212112
9
90454
248
158
184
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214
187
318
283
106
206
261
129
88114
8588241977
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25 7 16282215
7
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247
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303
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391
116
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697814
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147
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91 62 9 2439
4
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101
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180
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117
204
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321
379
193
2211121227 5 3 21 8 20 92 17
015
386 72 79 10
254 16 7 18 8 7 8 27 6 6 4 5 5 8 9 7
48636561831942 17 16 10 79 137
121
367
315
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2 30.2
558
.586
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115
143.
2517
1.5
199.
7522
825
6.25
284.
531
2.75
341
369.
2542
5.75
454
SIZE = Cu_ppm
Histogram Bin Maxima
2 8.7
12.6
28.4
105.
612
1.3 15
1.4
206.
4
258.
8
313.
7
393.
6
454
COLOUR = Cu_ppm
Histogram Bin Maxima
INTERDEX
EPM 14148 WHITE RANGE #1WHITE RANGE COPPER PROJECT
EAGLE PROSPECT-80# SOIL COPPER in ppm
PROJECTION: MGA94 ZONE 54 GDA94
QUEENSLAND MINING CORPORATION LTD
RSGEO:P.L.PAULL
DRAWN: P.L.PAULL
Scale 1:7500
Date :16/10/2011
REPORT: ANNUAL 2011
FIGURE: 7
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50 50 30 50 30 70 80 60 60 70 70 70 60 60 50 60 50 30 50 40 80 60 80 70 60 70 100
100
8040504020306040302040 20 70 40 40 40 60 50 60
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1018
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66.8
7575
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107.
511
5.62
513
1.87
5
140
SIZE = Ba_ppm
Histogram Bin Maxima
10 2939 59 89
99 109
140
COLOUR = Ba_ppm
Histogram Bin Maxima
INTERDEX
EPM 14148 WHITE RANGE #1WHITE RANGE COPPER PROJECT
EAGLE PROSPECT-80# SOIL BARIUM in ppm
PROJECTION: MGA94 ZONE 54 GDA94
QUEENSLAND MINING CORPORATION LTD
RSGEO:P.L.PAULL
DRAWN: P.L.PAULL
Scale 1:7500
Date :17/10/2011
REPORT: ANNUAL 2011
FIGURE: 8
1800
3000
1700
1200
1700
1000
1600
500
900
600
400
1400
2300
1100
2200
1900
1900
2100
2100
3200
2000
3100
4000
4300
2000
1900
1700
1400
2400
2500
900
700
800
800
600
600
1200
1700
1100
1200
900
1000
1100
2200
1400
1600
2200
3500
1900
2000
1200
2300
120021
00
1900
1500
1800
2500
1600
1500
1600
2400
2000
1900
2000
1600
1500 1100
1700 1800
1700
1900
1800
1600
1700
300
1000
1100
2800
1800
2800
2300
1800
1600
1600
1300
1100
1400
1600
600
400
700
400
700
900
1900
1400
1200
1500
700
200
700
800
1500
1400
600
1700
1500
1400
1600
2000
1900
1700
1900
2000
1100
1400
1800
2000
1800
1500
1700
1400
1300
1200
2000
1200
1500
1400
1600
1700
2100
1200
1200
1700
1100
1100
1400
1300
1400
1600
1600
1600
1100
1600
900
1900
1400
1300
1500
1400
1400
1400
1400
1200
1100
1300
1700
2100
2300
1800
2000
1200
1800
1600
1600
1600
1600
1200
1200
1300
900
1100
900
900
800
1200
1300
1300
1300
1100
1100
1300
1400
1500
1400
1700
1200
1900
1700
1800
1500
1000
1200
1000
900
900
800
900
700
1400
2300
1500
1800
1600
2000
1600
1900
1200
1100
1500
1000
900
900
800
1300
1000
1300
900
900
1000
1400
1000
900
700
900
800
500
900
1000
600
500
400
1000
700
1400
1100
1500
2000
1300
1500
1500
454500E
454500E
455000E
455000E
455500E
455500E
456000E
456000E
7666000N 7666000N
7666500N 7666500N
7667000N 7667000N
7667500N 7667500N
7668000N 7668000N
0 150 300 450
Scale 1:7500
6
200 45
6.25
712.
5 968.
7512
25 1481
.25
1737
.519
93.7
522
5027
62.5
3018
.75
3275
3787
.5
4043
.75
4300
SIZE = K_ppm
Histogram Bin Maxima
200
383
501 78
810
01
1303
2090
2377
2796
3201
4300
COLOUR = K_ppm
Histogram Bin Maxima
INTERDEX
EPM 14148 WHITE RANGE #1WHITE RANGE COPPER PROJECT
EAGLE PROSPECT-80# SOIL POTASSIUM in ppm
PROJECTION: MGA94 ZONE 54 GDA94
QUEENSLAND MINING CORPORATION LTD
RSGEO:P.L.PAULL
DRAWN: P.L.PAULL
Scale 1:7500
Date :17/10/2011
REPORT: ANNUAL 2011
FIGURE: 9
454500E
454500E
455000E
455000E
455500E
455500E
456000E
456000E
7666000N 7666000N
7666500N 7666500N
7667000N 7667000N
7667500N 7667500N
7668000N 7668000N
0 150 300 450
Scale 1:7500
6
36.35
31.06
22.1
14.88
11.85
7.9
5.22
1.03.5.
Au_ppb
0.5
6.53
112
.563
18.5
9424
.625
30.6
5636
.688
48.7
5
60.8
13
90.9
69
97
SIZE = Au_ppb
Histogram Bin Maxima
0.5
1.03
5.22
7.9
11.8
514
.88
22.1
31.0
6
97
COLOUR = Au_ppb
Histogram Bin Maxima
INTERDEX
EPM 14148 WHITE RANGE #1WHITE RANGE COPPER PROJECT
EAGLE PROSPECT-80# SOIL GOLD IMAGE in ppb
PROJECTION: MGA94 ZONE 54 GDA94
QUEENSLAND MINING CORPORATION LTD
RSGEO:P.L.PAULL
DRAWN: P.L.PAULL
Scale 1:7500
Date :16/10/2011
REPORT: ANNUAL 2011
FIGURE: 10
454500E
454500E
455000E
455000E
455500E
455500E
456000E
456000E
7666000N 7666000N
7666500N 7666500N
7667000N 7667000N
7667500N 7667500N
7668000N 7668000N
0 150 300 450
Scale 1:7500
6
454
394
314
259
206
151
121106
2813920
Cu_ppm
2 30.2
558
.586
.75
115
143.
2517
1.5
199.
7522
825
6.25
284.
531
2.75
341
369.
2542
5.75
454
SIZE = Cu_ppm
Histogram Bin Maxima
2 8.7
12.6
28.4
105.
612
1.3 15
1.4
206.
4
258.
8
313.
7
393.
6
454
COLOUR = Cu_ppm
Histogram Bin Maxima
INTERDEX
EPM 14148 WHITE RANGE #1WHITE RANGE COPPER PROJECT
EAGLE PROSPECT-80# SOIL COPPER IMAGE in ppm
PROJECTION: MGA94 ZONE 54 GDA94
QUEENSLAND MINING CORPORATION LTD
RSGEO:P.L.PAULL
DRAWN: P.L.PAULL
Scale 1:7500
Date :16/10/2011
REPORT: ANNUAL 2011
FIGURE: 11
454500E
454500E
455000E
455000E
455500E
455500E
456000E
456000E
7666000N 7666000N
7666500N 7666500N
7667000N 7667000N
7667500N 7667500N
7668000N 7668000N
0 150 300 450
Scale 1:7500
6
454
394
314
259
206
151
121106
2813920
Cu_ppm
2 30.2
558
.586
.75
115
143.
2517
1.5
199.
7522
825
6.25
284.
531
2.75
341
369.
2542
5.75
454
SIZE = Cu_ppm
Histogram Bin Maxima
2 8.7
12.6
28.4
105.
612
1.3 15
1.4
206.
4
258.
8
313.
7
393.
6
454
COLOUR = Cu_ppm
Histogram Bin Maxima
INTERDEX
EPM 14148 WHITE RANGE #1WHITE RANGE COPPER PROJECT
EAGLE PROSPECT-80# SOIL COPPER IMAGE in ppm
PROJECTION: MGA94 ZONE 54 GDA94
QUEENSLAND MINING CORPORATION LTD
RSGEO:P.L.PAULL
DRAWN: P.L.PAULL
Scale 1:7500
Date :16/10/2011
REPORT: ANNUAL 2011
FIGURE: 11
454500E
454500E
455000E
455000E
455500E
455500E
456000E
456000E
7666000N 7666000N
7666500N 7666500N
7667000N 7667000N
7667500N 7667500N
7668000N 7668000N
0 150 300 450
Scale 1:7500
6
140.0
109.0
99.0
89.0
59.0
39.0
29.0
10.0
0.0
Ba_ppm
1018
.125
26.2
534
.375 42
.558
.75
66.8
7575
83.1
2599
.375
107.
511
5.62
513
1.87
5
140
SIZE = Ba_ppm
Histogram Bin Maxima
10 2939 59 89
99 109
140
COLOUR = Ba_ppm
Histogram Bin Maxima
INTERDEX
EPM 14148 WHITE RANGE #1WHITE RANGE COPPER PROJECT
EAGLE PROSPECT-80# SOIL BARIUM IMAGE in ppm PLAN
PROJECTION: MGA94 ZONE 54 GDA94
QUEENSLAND MINING CORPORATION LTD
RSGEO:P.L.PAULL
DRAWN: P.L.PAULL
Scale 1:7500
Date :17/10/2011
REPORT: ANNUAL 2011
FIGURE: 12
454500E
454500E
455000E
455000E
455500E
455500E
456000E
456000E
7666000N 7666000N
7666500N 7666500N
7667000N 7667000N
7667500N 7667500N
7668000N 7668000N
0 150 300 450
Scale 1:7500
6
4044
3201
2796
2377
2090
1303
1001
788
501
383
200
0
K_ppm
200 45
6.25
712.
5 968.
7512
25 1481
.25
1737
.519
93.7
522
5027
62.5
3018
.75
3275
3787
.5
4043
.75
4300
SIZE = K_ppm
Histogram Bin Maxima
200
383
501 78
810
01
1303
2090
2377
2796
3201
4300
COLOUR = K_ppm
Histogram Bin Maxima
INTERDEX
EPM 14148 WHITE RANGE #1WHITE RANGE COPPER PROJECT
EAGLE PROSPECT-80# SOIL POTASSIUM IMAGE in ppm PLAN
PROJECTION: MGA94 ZONE 54 GDA94
QUEENSLAND MINING CORPORATION LTD
RSGEO:P.L.PAULL
DRAWN: P.L.PAULL
Scale 1:7500
Date :17/10/2011
REPORT: ANNUAL 2011
FIGURE: 13
MRD01
MRD02
MRD04
MRD03
7674000 mN
7676000 mN 7676000 mN
7668000 mN
4490
00 m
E
7668000 mN
7669000 mN 7669000 mN
7670000 mN 7670000 mN
7671000 mN 7671000 mN444000 m
E
445000 mE
446000 mE
7675000 mN7675000 mN
7672000 mN 7672000 mN
7673000 mN 7673000 mN
7674000 mN
449000 mE
447000 mE
448000 mE
4470
00 m
E
4480
00 m
E
4460
00 m
E
4440
00 m
E
4450
00 m
E
MAGNETIC LOW
New Text
446600 mE
446400 mE
446200 mE
7670600 mN
7670200 mN
7670400 mN 7670400 mN
446000 mE
7670200 mN
4464
00 m
E
4462
00 m
E
4460
00 m
E
4458
00 m
E
7671800 mN
7671600 mN
7671200 mN 7671200 mN
7671400 mN 7671400 mN
7671800 mN
7671000 mN
7670600 mN
7670800 mN 7670800 mN
7671000 mN
445800 mE
4456
00 m
E
7671600 mN
445600 mE
445400 mE
4454
00 m
E
MRD01
MRD02MRD03
MRD04
449000 mE
448000 mE
447000 mE
7669000 mN
7670000 mN 7670000 mN
7671000 mN 7671000 mN
4490
00 m
E
4480
00 m
E
4470
00 m
E
4460
00 m
E
4450
00 m
E
7674000 mN
7672000 mN 7672000 mN
7673000 mN 7673000 mN
7674000 mN
7675000 mN 7675000 mN
7676000 mN 7676000 mN
7669000 mN
7668000 mN 7668000 mN
446000 mE
445000 mE
4440
00 m
E
444000 mE