Rising gold producer and exploration firmNice Divide Mining Ltd (the Firm or GDM) (ASX:GDM), is happy to announce the completion of a second LiDAR interpretation over EPM 26135 Kilkivan, Satan’s Mountain Gold Challenge, SE Queensland.
Highlights:
- GDM bought the Gympie 2023 LiDAR dataset from the QLD Authorities, totalling 80 km2, protecting EPM 26135, which lies instantly SE of the historic gold mining city of Kilkivan.
- A complete LiDAR interpretation was undertaken by specialists GeoCloud Analytics. The interpretation indicated a complete of 486 potential historic mine workings, together with 40 adits, 16 shafts and 430 different prospecting pits. Lots of the previous workings weren’t beforehand identified to GDM.
- The brand new LiDAR outcomes, mixed with earlier exploration information has considerably enhanced GDM’s dataset, used to establish and prioritise gold bearing targets for additional follow-up exploration work.
Chief Govt Officer, Justin Haines, commented:
“This second LiDAR dataset for Devils Mountain has allowed GDM to get a extra correct image of all the historic gold mining at Kilkivan prospects space. Shafts and adits are good indicators of the presence of great gold and base metallic mineralisation, due to the trouble invested in producing these previous excavations. The LiDAR outcomes affirm GDM’s technique of focusing on areas of plentiful historic workings and making use of trendy exploration applied sciences to these targets”.
Devils Mountain Challenge
GDM’s Devils Mountain Challenge includes 5 x EPMs (17685, 26062, 26135, 26709, 28438) situated ~30 km northwest of Gympie (see Determine 1). The Challenge lies within the Palaeozoic Gympie and Wandilla Provinces of the New England Orogen in southeast Queensland.
Devils Mountain is very potential for gold and is host to an abundance of mineral occurrences. Along with gold, the world comprises occurrences of copper, silver, lead, zinc, tungsten and mercury, in addition to a lot of manganese deposits (see Determine 2). It’s geological setting has many similarities to the close by Gympie goldfield.
Determine 1: Devils Mountain Gold Challenge Location Map
Determine 2: Devils Mountain Challenge Geology and identified historic mining prospects
LiDAR Survey Knowledge
LiDAR specialists GeoCloud Analytics bought a part of the Gympie 2023 LiDAR dataset from the QLD Authorities on behalf of GDM, over an 80 km2 space within the western a part of the Devils Mountain Challenge, protecting EPM 26135. The decision of the uncooked information is 1 m. GeoCloud Analytics reprocessed the purpose cloud information to yield a 50cm decision naked earth Digital Terrain Mannequin (DTM).
The LiDAR survey was flown in 2023 with a minimal common density of 10.5 factors per sq. metre with a mean flying peak of 1933m above floor stage. Particulars of the survey are offered within the JORC Desk 1, see Appendix 1.
A variety of new LiDAR photos had been generated by GeoCloud Analytics in an effort to extract extra details about the undertaking. The improved 3D datasets and 2D photos produced have facilitated detailed interpretations, permitting the identification of historic mine workings, prospecting pits, geological constructions, entry tracks and different floor options corresponding to drill pads.
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