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New copper-gold discoveries by Jackson at West Pilbara project



Jackson Gold exploration


Australian based mineral exploration and development company, Jackson Gold has discovered new copper-gold mineralisation at its Boolaloo Project, located within the Western Pilbara region of Western Australia.
Results indicate the area to be highly prospective with extensive copper-gold mineralisation existing over at least a four square kilometre area at the Minga Bore Prospect.

Of particular note are two new mineralisation zones, K15 and K16, identified following field reconnaissance in September.

Outcropping mineralisation at prospects K15 and K16 occurs over approximately one kilometre in length, with two parallel east-west structures situated 200m apart, averaging over four percent copper and one g/t gold.

The K16 discovery is a copper-oxide rich siliceous breccia structure and, while similar to K16, the K15 discovery has some wider cross-cutting quartz veined zones.

Jackson Managing Director, Andy Viner said his company is very happy to have received such promising results from this initial exploration work.

“It is almost unheard of to walk through the bush and find a one kilometre long mineralised structure like K16,” he said.

“This is a virgin discovery in an area where only minimal historical activity has previously occurred. The valley at K15/16 extends for many kilometres east and west along the mineralised trend and is a priority target for future exploration.”

Jackson intends to send an exploration team to the project shortly to soil sample the trend and continue other related mapping and sampling reconnaissance work.

“From our research, the western Ashburton Basin is grossly under-explored and our discoveries highlight the potential of the area, which is remote and is difficult to access,” said Mr Viner.

“There is a good chance that new aerial electro-magnetic survey techniques, combined with excellent high resolution satellite photography, will enable us to quickly generate the most prospective targets,” he said.

“It is quite possible the better mineralisation will be found under cover which makes it all the more encouraging.”

- 20 Oct 2006