Epithermal gold prospect with an advanced level of exploration (100% owned)
The Nabila Project covers the Faddy’s and Mistry Prospects. Work has largely been focussed on the Faddy’s Prospect, which has been drilled extensively. Epithermal gold mineralisation is present at all Prospect areas. Further work is required in order to achieve JORC compliance.
Faddy’s Gold Prospect
The Faddy’s Gold Prospect is the most advanced of Geopacific’s Fijian Projects, situated at the northern end of the Nabila Project. It is well located, just off the main bitumen road and 20 kilometres from the International Airport at Nadi.
Several phases of exploration have previously been undertaken on the epithermal-style mineralisation; including IP geophysics, metallurgy, numerous trenches, 112 diamond and 121 RC drillholes with an inferred resource estimate (April 2008).
Several, surface, gold and base-metal anomalies have been defined from past exploration and mineralisation appears to be open along trend (north-south) and at depth.
Trenching intersected ‘bonanza’ high-grade gold ranging up to 233g/t Au (7.5 oz/t) in one-metre sample intervals (January 2009). High-grade channel samples collected from the trenches include:
- 28m @ 9.71g/t Au incl. 1m of 233 g/t Au (January 2009)
- 2m of 37.5g/t Au in a road cut channel sample (January 2009)
- 1m of 19.4g/t Au in a road cut channel sample (January 2009)
- 54m @ 1.26g/t Au incl. 1m of 66g/t Au (January 2009)
Diamond drilling at the Faddy’s Prospect shows that mineralisation extends to depth with individual intersection results up to 138.3g/t gold (4.46 oz/t Au) and demonstrates continuity of high-grade gold mineralisation:
- 22m @ 4.0 g/t Au from 73m incl. 0.5m @ 73.2 g/t Au (November 2008)
- 11m @ 4.24g/t gold from 156m incl. 1.0m of 13.0g/t Au, 72g/t Ag, 4.43% Zn, 2.06% Pb and 0.62% Cu from 166m (July 2010)