The Dunnsville project is located 70km west north-west of Kalgoorlie and 50km north-west of Coolgardie (Fig1).
.jpg)
Figure 1 Dunnsville Location Map
The Dunnsville Project consolidates a large tenement holding over a zone of structural complexity within a geological setting favourable for gold mineralisation. Matsa Resources’ activities have focused on investigating gold mineralisation related to regional structural lineaments in the central and western parts of the tenure.
The Dunnsville Project bosts a number of “greenfield” gold prospects, the most advanced of which is “BIG RED”. Big Red is centered on a 3.5km long soil gold anomaly with gold values up to 75ppb. Matsa completed a Sub-Audio Magnetic survey in 2010 to try to identify mineralising structures beneath the deep alluvial cover found at Big Red. Success led to follow up RAB drilling which identified 6 continuous zones of gold mineralisation beneath a 35m deep depletion zone (fig2 and table1).
.jpg)
Figure 2 Big Red SAM Survey
|
Hole_ID
|
From
|
To
|
Interval
|
Au g/t
|
|
10BRRAB134
|
32
|
33
|
1
|
1.43
|
|
10BRRAB147
|
59
|
60
|
1
|
6.33
|
|
10BRRAB148
|
46
|
47
|
1
|
1.09
|
|
10BRRAB155
|
51
|
52
|
1
|
7.85
|
|
10BRRAB169
|
43
|
44
|
1
|
1.63
|
|
10BRRAB187
|
47
|
48
|
1
|
4.84
|
|
10BRRAB189
|
53
|
54
|
1
|
1.4
|
|
10BRRAB190
|
58
|
62
|
4
|
1.06
|
|
10BRRAB190
|
61
|
62
|
1
|
1.36
|
|
10BRRAB191
|
56
|
57
|
1
|
2.99
|
|
10BRRAB197
|
52
|
55
|
3
|
1.67
|
|
10BRRAB205
|
14
|
15
|
1
|
1.34
|
|
10BRRAB206
|
58
|
59
|
1
|
2.15
|
|
10BRRAB217
|
50
|
51
|
1
|
1.22
|
|
10BRRAB220
|
49
|
50
|
1
|
1.83
|
Table 1, significant intersections for the Big Red RAB program.
Matsa was pleased to receive Department of Mineral Resources (Exploration Incentive Scheme) EIS funding to cover diamond drilling of a conceptual shear hosted gold target within the Big Red prospect. Funding under the EIS will reimburse 50% of capped direct drilling costs for 4 diamond drill holes planned to test the target, see figure3.
.jpg)
.jpg)
Figure 3 Planne EIS Diamond Drilling
