 Cloncurry Central
Introduction
The Cloncurry Central Project comprises nine exploration permits for minerals
(EPMs), situated near Cloncurry in northwest Queensland. All Tenements
are referred to as “EPM” regardless of the application /
grant status. The tenements cover approximately 950km2 of the Mount
Isa Block (Figure 1). Four of the tenements are part of the CJV between
Xstrata Copper and Sovereign.
Exploration Potential
The tenements cover a large area of a highly mineralised province. Although
most of the area has been explored in the past, the potential remains for
further economic discoveries, both in areas containing basement rocks at
surface or beneath surfical cover and in areas of more substantial Mesozoic
and Cainozoic cover. By no means have all of the already generated
geochemical and geophysical anomalies in the area been adequately tested
and it can be anticipated that further detailed surveys will generate additional
targets.
Numerous structural breaks are clearly visible on aeromagnetic images of
the area (Figures 3 and 4). Many of the significant mineralised deposits
are associated with these faults or shear zones. For example the Mary
Kathleen uranium deposit to the west of Cloncurry, the Dugald River, Blackard,
and Little Eva base metal deposits to the northwest of Cloncurry, the Eloise
Cu-Au deposit to the south of Cloncurry, and the newly discovered Rocklands
Cu-Co-Au deposit are all situated on structural breaks. Continuations
of these structures and other similar and parallel structures pass through
many of Sovereign’s tenements. These major structures and lower
order splays require systematic exploration.
Xstrata Copper has collected gravity data in the Cloncurry district as part
of a regional programme. Results are to be interpreted with follow-up
of consequent targets.
Table 1: Cloncurry
Central Project - Tenement Details
Tenement |
Project |
Operator |
Area
(km²) |
EPM8586 |
Mount Marathon |
Xstrata Copper |
67.5 |
EPM8588 |
Mount Avarice |
Xstrata Copper |
73.9 |
EPM12561 |
Fountain Range |
Xstrata Copper |
215.3 |
EPM12597 |
Corella River |
Xstrata Copper |
151.1 |
EPM12807 |
Middle Creek |
Sovereign |
74.1 |
EPM12458 |
Undina South |
Sovereign |
138.0 |
EPM15290 |
Gipsy Creek |
Sovereign |
167.6 |
EPM12408 |
Nine Mile |
Sovereign |
19.3 |
EPM15320 |
Cotswold |
Sovereign |
48.3 |
Totals |
|
955.1 |

Figure 1: Cloncurry
Central Project – Geological Map
Mount Avarice
The Mount Avarice EPM 8588, comprises three separate areas adjacent to the
Cloncurry townsite. The general Cloncurry area has long been subject
to prospecting and historical mining, primarily for copper, and the tenement
contains a number of abandoned workings and dormant mines. More recent
company exploration was originally focussed on the search for roll-front
uranium in cover sequences, but later the search was primarily for iron oxide
Cu-Au deposits.
Exploration since the commencement of the CJV (2002) has focussed on the
Turf Club Shear to the north and east of Cloncurry (Figure 2), where the
following work has been undertaken:
- Detailed mapping, which outlined a series of north-striking dolerites
interleaved with shales. The package has been silicified to varying
extents.
- IP/resistivity surveys, which located anomalies in the southern section
of the survey area, just to the east of the Jasper Block. These anomalies
were named the Archer and Jasper Prospects.
- The drilling of eleven RC holes, one RC/diamond hole, and one diamond
hole to test the Archer and Jasper Prospects. The holes intersected
significant sub-economic Cu-Au mineralisation in both sedimentary and volcanic
rocks. Both haematite and magnetite alteration were present. The
best diamond hole intersection was 5.1m @ 2.25% Cu and 0.2g/t Au within
a longer intersection of 98m @ 0.36% Cu. The best RC intersections
were 10m @ 1.47% Cu and 0.16g/t Au in the Archer Prospect and 10m @ 1.41%
Cu and 0.59g/t Au in the Jasper Prospect.
- Down-hole TEM surveys, which detected numerous small anomalies, considered
to be indicative of stringer style mineralisation, but not of significant
conductive bodies.
A portion of the EPM containing the Archer and Jasper Prospects has been
recently relinquished. The strike extensions of the mineralised Turf
Club Shear, both to the north and south of these prospects, are within the
retained portions of the tenement.
Detailed geological mapping, rock chip and soil sampling, and IP surveys
around three other areas of shearing and alteration have also been carried
out. The sampling did not return significant results, but the IP surveys
produced a moderate level chargebility anomaly which requires follow-up work. A
ground magnetic survey was also performed.

Figure 2: Turf
Club Shear Prospects
Mount Marathon
The Mt Marathon EPM 8586 is made up of two separate areas, situated to the
northwest and northeast of Cloncurry. The Turf Club Shear extends north-south
through the eastern area. Three prospects have been outlined along
it. From south to north they are the Shergar, Red Rum, and Fine Cotton. Within
the Mount Marathon tenement the shear hosts small-scale copper workings,
including the historical Australian Margaret Mine.
Recent Exploration
Recent exploration has consisted of detailed
geological mapping, an IP/resistivity survey over most of the length of the
shear, and BLEG soil sampling over four areas. The geophysical surveys outlined five target areas, but
the soil sampling only pinpointed an area of existing workings. Two
of the prospects, Shergar and Fine Cotton, have been drill tested.
At the Fine Cotton Prospect intensely altered dolerite, diorite, and calc-silicates,
containing locally disseminated pyrite, were intersected. At the Shergar
Prospect dolerites containing up to 5% disseminated pyrite were intersected. No
significant Cu or Au values were obtained at either prospect and no further
work is proposed over them.
Systematic rock-chip sampling has delineated a zone of moderate level multi-element
anomalism requiring follow-up.
Fountain Range
The Fountain Range EPM 12561 is comprised of five separate areas. It
is situated within Cover Sequence 2 rocks about 40km west of Cloncurry. Major
northeast-trending structures pass through the area and numerous historical
copper workings are present within it.
Corella River
The Corella River EPM 12597 is comprised of seven separate areas, six of
which are to the northwest of Cloncurry. The southern extension of
the Turf Club Shear passes through the other to the south of the town (Figure
2). The four areas about 40km to the northeast of Cloncurry contain
similar rocks, structure, and mineralisation to the Fountain Range EPM.
Middle Creek
The Middle Creek EPM 12807 is situated about 55km north-northwest of Cloncurry,
within rocks of the Eastern Fold Belt, which are mostly covered by Mesozoic
and Cainozoic sediments. The basement rocks are comprised of metasediments,
including calc-silcates, and volcanics of Cover Sequence 2, intruded by younger
granite. No significant mineralisation is known within the project
area.
Recent exploration at Middle Creek, has consisted of:
- The recognition of a 1km long magnetic anomaly adjacent to the regional
scale northeast trending Quamby Fault Zone.
- An IP-resistivity survey over the anomaly, which outlined a 600m long,
north-northeast trending anomalous zone.
- The testing of this zone with four diamond holes, which intersected strong
magnetite alteration. Some pyrite, pyrrhotite, calcite, and haematite
alteration was also present. The best intersection was 6m @ 0.35%
Cu.
Undina South
The eight separate areas of the Undina South application, EPM 12458 is situated
along the eastern margin of the Mount Isa Inlier to the southeast of Cloncurry. It
covers areas of the Soldiers Cap Group, which consists predominantly of metamorphosed
turbiditic sediments and basaltic lavas. Mesozoic cover is present
in the eastern areas of the application. The Soldiers Cap Group rocks
contain Pb-Zn-Ag mineralisation at the Fairmile Mine about 10km along strike,
to the south. The Eloise Cu-Au mine, although close to the tenement,
is situated on the Luveka Trend structure, which does not pass through the
tenement.
Gypsy Creek
The Gipsy Creek EPM 15290 is situated to the northeast of Cloncurry, about
40km from the Ernest Henry Mine. The tenement has a Mesozoic cover
above the Proterozoic rocks of the Mount Isa Block.
Nine Mile
The Nine Mile EPM 12408 is centred 20km northeast of Cloncurry. It
is situated near the eastern margin of outcrop of the Mount Isa Block and
is comprised of three separate sections. The two western sections are
over rocks of the Mary Kathleen Group and the Nakaru Granite. The eastern
section has cover rocks over a probable mixture of granite and Soldiers Cap
Group. A number of northeast-trending structural breaks are interpreted
to pass through the project area.
Cotswold
The Cotswold EPM, 15320, is comprised of six separate sections. It
is about 40km north of Cloncurry and has a cover sequence of Cainozoic and
Mesozoic rocks. Aeromagnetic data indicate that a mixture of granitic
and Eastern Fold Belt rocks, probably of the Mary Kathleen and Soldiers Cap
groups are present beneath the cover.

Figure 3: Cloncurry Central Project – Carpentaria
Joint Venture area - Aeromagnetic Image
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