stolwyk
18-10-2006, 06:37 PM
Post 1 of 2.
JACKSON GOLD LIMITED: http://www.jacksongold.com.au/
Shares: 79.85 mill and 6.2 mill unlisted options. Cash on 30 June: $1.134 mill. Outflow: $0.424 mill.
"Jackson Gold Ltd is an active gold and nickel exploration company listed on the Australian Stock Exchange.
Jackson has an impressive portfolio of advanced exploration projects within the well mineralised Eastern Goldfields region of Western Australia:
Advanced, high quality exploration projects in proven gold and nickel mining centres
Gold resources of 627,250 ounces
Wallbrook Hill Scoping Study - potential 150-250,000 ounce in-pit resource for Heap Leach or Toll Mill development.
Experienced management team
Projects adjacent to established mining infrastructure
The Company has created four opportunities for world-class mineral discoveries. While Jackson is focussed on advancing its Wallbrook project (609,250 ounces) to development it has established a Gold Joint Venture with Barrick Mines and a Nickel Joint Venture with Breakaway Resources over its highly prospective 700km2 landholding in Kalgoorlie.
Jackson has also established an International presence through a substantial shareholding in Leopard Mineral plc, which holds exploration licences for Copper and Gold in the Kyrgyz Republic in Central Asia".
PROJECTS: Kalgoorlie Regional Gold, Kalgoorlie Regional Nickel, Northcote, Peak Hill Wallbrook Gold Project:
http://www.jacksongold.com.au/index.php?id=46&PHPSESSID=0c9b098ede617d9313cf722d32c7ee9b
1. GOLD
1.1 BOOLALOO Copper/Gold/Uranium prospect
http://sa.iguana2.com/cache/98efad4bf6b8dc14e9a48886b1823c1f/ASX-JAK-330657.pdf
4 Aug 2006: Extract: "Jackson Gold Limited ("Jackson" or the "Company") informs the market that exploration will commence in mid August at its new Boolaloo copper-gold-uranium project located within the Western Pilbara region of Western Australia. Activities remain generative at this stage, designed to confirm what appears to be a highly promising initial evaluation of this remote under-explored area.
Summary
• Reconnaissance field inspection of targets and rock chip assay results have highlighted a number of prospects, in particular those from Minga Bore and the Blue Rock prospect as well as a number of others.
Minga Bore:- Vein style copper-gold mineralisation in semi-continuous structures up to one kilometre in length. Width of a number of structures is 0.5 - 10.0 metres. Rock chip sampling returned (full data in attached table); Copper values to 46.7%. Gold values to 2.07 g/t. Cobalt values to 892 ppm
• Blue Rock:- Strata-bound copper mineralisation over at least two kilometres strike length. Copper-only mineralisation with results from 0.7% to 10.7%.
• Boolaloo granite:- Vein style mineralisation is recorded by previous explorers as containing up to 575 ppm uranium with copper and gold.
• EL08/1605 at Glen Florrie, which contains the Minga Bore prospects, was granted last Friday the 28th July.
"Research has also shown that vein style deposits within the Boolaloo granite contain uranium that, at one prospect north of the tenements, has levels from 57 ppm up to 575 ppm, together with up to 19%
Cu, 2.35 g/t Au and 37 g/t Ag. Should the granite be confirmed to have elevated uranium mineralisation then roll-front and calcrete style palaeo-channel deposits may potentially be present in addition to these vein related occurrences. The granite also shows evidence of contact metamorphism that has potential to create skarn style copper-gold mineralisation".
1.2: NEW COPPER-GOLD DISCOVERIES AT WEST PILBARA PROJECT
http://sa.iguana2.com/cache/fd14f8d6d513dc51bd4ecc2e5be19c71/ASX-JAK-338036.pdf
Extract: 18 Oct. 2006: "Jackson Gold Limited (ASX:JAK) is pleased to announce exploration results from a field program completed during September at its Boolaloo copper-gold-uranium project located within the Western Pilbara region of Western Australia. Results confirm the existence of extensive copper-gold mineralisation over at least a 4 square kilometre area at the Minga Bore
JACKSON GOLD LIMITED: http://www.jacksongold.com.au/
Shares: 79.85 mill and 6.2 mill unlisted options. Cash on 30 June: $1.134 mill. Outflow: $0.424 mill.
"Jackson Gold Ltd is an active gold and nickel exploration company listed on the Australian Stock Exchange.
Jackson has an impressive portfolio of advanced exploration projects within the well mineralised Eastern Goldfields region of Western Australia:
Advanced, high quality exploration projects in proven gold and nickel mining centres
Gold resources of 627,250 ounces
Wallbrook Hill Scoping Study - potential 150-250,000 ounce in-pit resource for Heap Leach or Toll Mill development.
Experienced management team
Projects adjacent to established mining infrastructure
The Company has created four opportunities for world-class mineral discoveries. While Jackson is focussed on advancing its Wallbrook project (609,250 ounces) to development it has established a Gold Joint Venture with Barrick Mines and a Nickel Joint Venture with Breakaway Resources over its highly prospective 700km2 landholding in Kalgoorlie.
Jackson has also established an International presence through a substantial shareholding in Leopard Mineral plc, which holds exploration licences for Copper and Gold in the Kyrgyz Republic in Central Asia".
PROJECTS: Kalgoorlie Regional Gold, Kalgoorlie Regional Nickel, Northcote, Peak Hill Wallbrook Gold Project:
http://www.jacksongold.com.au/index.php?id=46&PHPSESSID=0c9b098ede617d9313cf722d32c7ee9b
1. GOLD
1.1 BOOLALOO Copper/Gold/Uranium prospect
http://sa.iguana2.com/cache/98efad4bf6b8dc14e9a48886b1823c1f/ASX-JAK-330657.pdf
4 Aug 2006: Extract: "Jackson Gold Limited ("Jackson" or the "Company") informs the market that exploration will commence in mid August at its new Boolaloo copper-gold-uranium project located within the Western Pilbara region of Western Australia. Activities remain generative at this stage, designed to confirm what appears to be a highly promising initial evaluation of this remote under-explored area.
Summary
• Reconnaissance field inspection of targets and rock chip assay results have highlighted a number of prospects, in particular those from Minga Bore and the Blue Rock prospect as well as a number of others.
Minga Bore:- Vein style copper-gold mineralisation in semi-continuous structures up to one kilometre in length. Width of a number of structures is 0.5 - 10.0 metres. Rock chip sampling returned (full data in attached table); Copper values to 46.7%. Gold values to 2.07 g/t. Cobalt values to 892 ppm
• Blue Rock:- Strata-bound copper mineralisation over at least two kilometres strike length. Copper-only mineralisation with results from 0.7% to 10.7%.
• Boolaloo granite:- Vein style mineralisation is recorded by previous explorers as containing up to 575 ppm uranium with copper and gold.
• EL08/1605 at Glen Florrie, which contains the Minga Bore prospects, was granted last Friday the 28th July.
"Research has also shown that vein style deposits within the Boolaloo granite contain uranium that, at one prospect north of the tenements, has levels from 57 ppm up to 575 ppm, together with up to 19%
Cu, 2.35 g/t Au and 37 g/t Ag. Should the granite be confirmed to have elevated uranium mineralisation then roll-front and calcrete style palaeo-channel deposits may potentially be present in addition to these vein related occurrences. The granite also shows evidence of contact metamorphism that has potential to create skarn style copper-gold mineralisation".
1.2: NEW COPPER-GOLD DISCOVERIES AT WEST PILBARA PROJECT
http://sa.iguana2.com/cache/fd14f8d6d513dc51bd4ecc2e5be19c71/ASX-JAK-338036.pdf
Extract: 18 Oct. 2006: "Jackson Gold Limited (ASX:JAK) is pleased to announce exploration results from a field program completed during September at its Boolaloo copper-gold-uranium project located within the Western Pilbara region of Western Australia. Results confirm the existence of extensive copper-gold mineralisation over at least a 4 square kilometre area at the Minga Bore