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Mace Deposit, Galway, Ireland MOAG Copper Gold Resources Inc Paul - - PowerPoint PPT Presentation
Mace Deposit, Galway, Ireland MOAG Copper Gold Resources Inc Paul - - PowerPoint PPT Presentation
Mace Deposit, Galway, Ireland MOAG Copper Gold Resources Inc Paul Gordon MSc PGeo EurGeol SLR Consulting Background Mace Head, Co. Galway (Connemara), west of Ireland Granite-hosted, Mo-Cu mineralisation in quartz veins Discovered
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Regional Geology
⬤ Hosted in Caledonian Galway Granite batholith ⬤ Mineralisation coeval (± 5ma) with granite
emplacement (410 ma)
⬤ Local Geology: Carna Granite suite, intruded into
roof of main batholith
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Hunt, 2006
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District Scale Geology
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Drilling (42 DDHs, >7000m)
⬤ 2014 – Six drill holes to confirm presence and nature of
mineralisation
⬤ 2015 – 25 drill holes to ascertain extent of mineralisation ⬤ 2016 – 11 drill holes for infill, to assist in resource definition
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Mineralisation & Alteration
⬤ Quartz veins, millimetre scale to metre ⬤ Primary veins are vertical to sub-vertical ⬤ Primary economic minerals are molybdenite and
chalcopyrite
⬤ Classic porphyry style potassic, phyllic and propylitic
alteration associated with mineralisation
⬤ Possibly in upper part of porphyry ⬤ Similarities to Moly Brook, Newfoundland
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Mineralisation & Alteration
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Hole ID From (m) To (m) Interval (m) Mo% Cu% Ag g/t 15-934-16 0.5 301.0 300.5 0.040 0.036 0.23 15-934-29 0.8 171 170.2 0.056 0.039 0.401 14-934-02 6.5 117.5 111.0 0.068 0.052 0.19 15-934-08 1.5 160.0 158.5 0.060 0.040 0.11 15-934-20 209 209 0.068 0.033 0.161
16 29 02 08 20
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Drilling Results – Mo:Cu Voxel
NE SW
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Drilling Results– Mo:Cu Voxel (clipped)
NE SW
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Locality/Environmental/Community
⬤ Paved roads give immediate access to project area ⬤ National route N59 within 7km ⬤ On electrical grid ⬤ 5km from Carna village ⬤ <1km from small fishing harbour, 30km by sea or
40km by road from commercial fishing port
⬤ Regulatory/policy support in place ⬤ No Natura 2000 sites in immediate vicinity of deposit ⬤ Broad community support to date
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Summary
⬤ Porphyry-style mineralisation and alteration (Mo-Cu) ⬤ Interpreted to be in upper part of deeper porphyry
system
⬤ Potentially economic mineralisation ⬤ NI 43-101 Technical Report under preparation for
delivery in Q2 2017
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