Avoca Gold Au-Cu-Zn Project County Wicklow, IRELAND

Avoca Gold Au-Cu-Zn Project
County Wicklow, IRELAND
West Avoca looking towards the Goldmine River
Avoca Project
•
IMC Exploration has recently acquired
the exploration rights to four licences
that include:
– The former Avoca Copper Mine
– Kilmacoo prospect that was
identified by Riofinex (subsidiary of
Rio Tinto) in the1980s as having a
resource of at least 300,000t at
1.5g/t Au.
•
Highlights of previous exploration on
these licences include drill
intersections of 8.3m @ 10.1% Zn,
5.7% Pb, 0.48% Cu, 284g/t Ag and
10.0m @12.95 g/t Au.
Massive Ore, West Avoca
Stringer Cu Ore, West Avoca
2
Avoca Project Overview
•
The Avoca Project Area is mineralized over
a strike length of 8km centred on the Avoca
Mine.
•
With its history of mining, exploration and
research, the area is geologically well known.
•
Previous exploration has demonstrated the
potential for Gold and Base metal discoveries
with the applicability of many modern
exploration techniques.
•
In line with its corporate strategy, IMC can
fast-track to drilling high priority Gold and
Zinc targets.
Avoca Area Geology
Key to geology:
Avoca Mine Sequence (Units 4 & 5)
Schistose Siliceous Sericitic tuffs (Unit 3)
PL3849
Kilmacurra
Lithic Tuffs and Potassic Rhyolite (Unit 2)
Mixed Volcanics (Unit 1)
Greenstone/Shale
Rockstown
Diorite
Grey Shales & Phyllite
Purple Shales & Phyllite
Kilmacoo
Ribband
Group
Connary
Fault
Cronebane
Tigroney
Avoca
Geological Plan of the Avoca Project Area
Showing the Prospecting License Boundaries
and the Principal Locations Discussed
PL3850
Ballygahan
Ballymurtagh
Woodenbridge
2km
N
Kilmacoo Project Area
• Kilmacoo prospect was identified by Riofinex (subsidiary of Rio
Tinto) in the1980s. A resource of at least 300,000t @ 1.5g/t Au
was determined.
• Serial sections from the north-east show the setting of the
mineralization and the extent of drilling.
• Drilling for Au & Zn is immediately justified down dip of hole KG-3
Kilmacoo Area Geology
N
Interpreted 3-D IP Model
LEGEND
Unit 4 Volcanic Sediments
Unit 3 Rhyolite
Known Massive Sulphide
Unit 3 Silicified Tuffs and Sediments
Unit 2 Lithic Tuffs and Rhyolite
Previous Drillhole
Proposed Drillhole
200m
Near-Surface Extent of Mineralization and
Previous Drillhole Collars
Kilmacoo Drill Section
NW
SE
KG-8
KG-9
58.32
14.70
7.33
11.30
LEGEND
Gold Zone with Peak Au g/t
Zn Intersection with Peak Zn%
Au/Zn Au and Zn Peak Assay Values
N
LEGEND
Unit 4 Tuffs and Sediments
Massive Sulphide
Unit 3 Silicified Tuffs and Sediments
100m
Unit 2 Lithic Tuffs and Rhyolite
Previous Drillhole
Proposed Drillhole
Syncline
Line of Section
Drillholes KG-8 and KG-9
Anticline
N
Ballymurtagh
Area
SE
Mine
Opening
NW
200m
Carbonate Zone
(Keating Zone)
AV-00-1 (40mSW)
AV-00-2 (75mNE)
AV-00-3 (20mNE)
AV-00-02
AV-00-03
AV-00-7 (150mSW)
Deepest ‘AV’ Hole
AV-00-04
AV-00-05
Unit 5 Mafic Unit
AV-00-01
Unit 4 Fine Sediments
Section 10W
Massive Sulphide Zone
Unit 4 Rhyolite
AV-00-06
AV-00-07
Unit 4 Volcanic Sediments
Mine
Opening
Unit 3 Volcanics
Exploration Drillhole
Mine Drillhole
Syncline Axis
Ballymurtagh ‘AV-00’ Series Drillhole Collars projected onto
the Mine Geology and Mine Geological Section 10W
Ballymurtagh
IP Survey Lines
‘AV-00’ Series
Drill Collars
N
400m
Deep-Seeking IP Survey Lines in West Avoca together with
the resulting 3-D chargeability interpretation
Ballymoneen
Recommendations
IMC have a fully costed program of work following a recent
review of the Avoca licences. Recommendations for future
exploration include:
• Review of IP data
• Acquisition and interpretation of airborne geophysical data
• Geological review and assessment
• Geophysical testing, including10km of deep-seeking IP
surveying
• 6,000m of targeted drilling.