TOP CAMP (CLONCURRY) – GOLD
(Held 100% by Orion Metals Limited)
This is the site of the original Cloncurry alluvial gold field - the source of the gold remaining undiscovered. Potential exists for gold - copper mineralisation of the Ernest Henry-style hosted in structurally controlled ironstones.
On ORM’s mining leases geochemical and geophysical anomalies have been defined that warranted a significant drilling program. Orion Metals completed an 8 hole RC drilling program in July 2010 which was considered a technical success, in that significant, previously unknown, magnetite bodies were intersected in most of the holes. These correlated with high level magnetic anomalies defined by ground survey.
Orion is currently seeking a partner to drill at depths of up to 400 metres to test deep-seated magnetic anomalies below the latest drilling and to establish if any mineralisation of significance is associated with it.