LOCATION
The Tirua Project is located in the Western Province of
the Solomon Islands on the southern end of New Georgia Island. The
New Georgia Island is part of the New Georgia Islands Group, approximately
1 hour flight time from Guadalcanal and Honiara, the Capital city
of the Solomon Islands. See our location
map.
EXPLORATION
The Project is centred on a massive volcanic caldera (15km
diameter) which has suffered sector collapse similar to the Lihir
deposit (>40M oz Au) volcanic caldera (2km diameter). New airborne
magnetic data and exploration by XDM resources has identified several
extensive zones of alteration (with potential for copper-gold porphyry
style mineralisation) that have not been recognised by previous
explorers. See Tirua
Project Map.
Exploration by XDM Resources commenced in 2008 and progress has
been accelerated by extensive logging road access. Highlights from
the initial phase of work include:
- Rock chip outcrop sampling maximum result of 37.7 g/t Au, 201
g/t Ag, and 0.25% Cu
- Previous limited drilling (Newmont) returned highlights of 59m
at 0.39% Cu
Exploration field work (soil / rock chip geochemistry and geological
mapping) over the new targets areas is advancing well in preparation
for drill testing.
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