CVS 0.00% 0.4¢ cervantes corporation limited

Yes I think it is starting to move to a slow simmer and then a...

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    Yes I think it is starting to move to a slow simmer and then a boil!


    The drilling programme will also serve to provide fresh material for metallurgical testing and geotechnical information to assist in evaluation. With fresh material and results from this exploration program, Cervantes expects to be in a stronger position to continue discussions with nearby mills regarding treatment of the ore.

    Cervantes also now controls the base metal rights over the majority of the Primrose project area, the Company intends to pursue a report on the base metals in the near future. The Company has also noted a comment made by a well respected Geologist E de C Clark who worked for the Mine Department in 1920; "The goldfield contains epidiorite, hornblende schist, serpentine, and foliated quartz porphyries, in addition to hornblende-biotite gneiss forming the matrix of the ore body. The gold quartz veins are found mainly in the epidiorites and hornblende schists, and only rarely in the serpentine. The gold bearing gneiss is east of the greenstone belt, and are of two lithological types 1) biotite dominant with quartz parallel to the foliation planes 2) mica subordinate to the hornblende. He compares the geology as similar to Westonia (Edna May Mine) elsewhere in the State." (sourced: Mindat website "Paynes Find Goldfield (Goodingnow)"). The board seek an independent report on this and will advise in due course.
 
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Currently unlisted public company.

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