Sunshine Metals (ASX:SHN) has started an electromagnetics survey of its Ravenswood Consolidated Project in North Queensland to target sub-surface massive sulphide deposits.
The company will use a helicopter to conduct an 840 line-km versatile time-domain electromagnetic (VTEM) survey over 72km2 of the Coronation Highway region, utilising one of its Collaborative Exploration Incentive grants.
As reported by Mining.com.au in May, the Queensland Government awarded the company $231,000 to fund surveying costs to detect a copper and gold system.
The VTEM Max system developed by Geotech allows the company to collect magnetics data, and ground conductivity and resistivity data to identify volcanogenic massive sulphide deposits (VMS).
Sunshine is prioritising this area for its host stratigraphy and its proximal location to the Highway-Region deposit, which has known mineralisation of 3.9 million tonnes @ 5.3% copper and 1.1 grams per tonne gold from the massive sulphide pipes.
Managing Director Damien Keys says the company is excited to collaborate with the state government to extend its findings across the Coronation Highway region.
“Whilst our team’s principal focus remains on advancing our shallow gold targets towards production, this survey will provide an opportunity to vector in on massive sulphide targets within the highly prospective Mt Windsor Sub-province, known to host Liontown, Highway-Reward and Thalanga amongst others,” Keys says.
Sunshine Metals is a gold and copper explorer focused on developing its assets in Queensland, Australia.
The company will be attending the Noosa Mining Investor Conference, held between 23-25 July, at the Peppers Noosa Resort.
Mining.com.au is an official media partner of this year’s conference.
Write to Maddison Elliott at Mining.com.au
Images: Sunshine Metals
