Solomon Gold plc

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PDF Document Capital Raising
12 Jul 10
PDF Document Minesite Forum-UK Presentation
22 Jun 10
PDF Document Rannes Maiden Resource Estimate
07 Jun 10
PDF Document Drilling Commences at Rannes
28 Apr 10
PDF Document 31 Dec 09 Interim Financial
Report 29 Mar 10
PDF Document Appointment of COO
01 Mar 10
PDF Document Issue of Shares Director's
Interests 25 Feb 10
PDF Document London Stock Exchange
Announcement 25 Feb 10
PDF Document Fauro High Grade Samples
24 Feb 10
PDF Document Mt Perry & Normanby
Exploration 19 Feb 10
PDF Document Central Minerals Acquisition
19 Feb 10
PDF Document EM Survey to begins
at Fauro Island16 Feb 10


Drilling at Hambusimaloso

Lunnga River - Mbetilonga

Rannes

Rannes Map

 

■ 200km long / 3012 km2 exploration licences on a new Carlin style gold trend
■ Central Queensland region historic 10m oz production
■ Diagnostic thallium, mercury, silver and arsenic chemistry
■ Major structural intersections, rhyolite domes
■ Thirteen prospects, five with ore grade intersections to date
■ 1m oz target on known prospects
■ 120km north of Newcrest’s 1m oz /100koz pa Cracow Mine.
■ Crunchie 32m @ 1.84 g/t gold, 41 g/t silver
■ Kauffmans 40m @ 1.69 g/t gold
■ Porcupine Pie 128m @ 1.15 g/t gold, 86m @ 1.36 g/t gold
■ Cooper and Police Camp Creek extend over 7 kms long each, undrilled virgins
■ Airborne electromagnetics and 6,000m drilling in 2010

Solomon Gold’s 100% owned subsidiary Central Minerals holds exploration licences covering 3,670km2 over a strike length of 200km on the eastern margin of the Permian Triassic Bowen Basin in Central Queensland, approximately 200km north west of the Mt Perry project area and160km west of the port of Gladstone. The project is based on the recognition by Solomon Gold geologists of long and broad zones of low temperature gold bearing fragmented and silicified rocks at the sheared base of the Bowen Basin limestone and volcanic rich sediments on its eastern margin.

The main project in the area is at Rannes which exhibits structures and geochemistry similar to the Carlin trend in Nevada USA. The Carlin and Battle Mountain Trends are amongst the most prolific gold producing belts in the world, boasting in excess of 200million ounces of combined resources and production to date. Mineralisation occurs on structural trends which are the focus of the intrusions, faulting and characteristic low temperature mineralisation.

Five prospects in the Rannes Central area (Crunchie, Homestead, Kauffmans, Cracklin Rosie and Porcupine Pie) have been subject to first pass drilling by Central Minerals and previous explorers with potentially economic intersections in all five.

In addition, surface soil, stream and rock sampling has identified a further thirteen gold targets, of which five (Soggy-Hogget Hill, Mt Cooper and Brother-Police Camp Creek) are considered to be high order and located close to the drilled prospects referred to above. Police Camp Creek is four kilometres long and defined by strong gold results in soil sampling.

Mt Cooper, located in the northwest of the Rannes project, is 7km long, open ended and defined by strong silver values in soils. Mt Cooper is located in the northwest of the Rannes project, is 7km long, open ended and defined by strong silver values in soils. Mt Cooper is located in Bowen Basin sediments and is considered to represent the upper level expression of a gold mineralised system at depth.

The company plans to continue the exploration program at Rannes, with drilling of further initial targets planned for the next quarter. 

Solomon Gold is targeting a resource in excess of 1 million ounces of gold at Rannes. Click here to read more on Rannes

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