wheat paddocks in Victoria

Mt Barry – IOCG Project (EL 6333), South Australia (Petratherm, 100%)

The Mt Barry Project is located approximately 50km north-east of Coober Pedy, due east (5km) of the unsealed Kempe Road (Coober Pedy to Oodnadatta access route).

Multiple semi-coincident, magnetic and gravity anomalies, have been identified over the Mt Barry project area. These geophysical features have potential to be due to hydrothermal iron-oxide systems.

Mineralised magnetite-amphibole-pyroxene rock was intersected in a historic BHP drillhole (NC9202) 13 km south of ELA2018/198, including disseminated chalcopyrite in massive magnetite and anomalous Rare Earth Elements (up to 1% combined Ce and La).

Best mineralised intersection:

  • 28m @ 0.14% Cu, 614ppm Pb, 0.23% Zn, 2 ppm Ag from 168m.

These results are characteristic of magnetite skarn alteration/mineralisation often found in areas around Prominent Hill and other IOCG systems further to the south and provides evidence that IOCG style alteration/mineralisation is likely to continue through the region.

Mt Barry project map

Regional pseudo-colour residual gravity image with 1 milligal gravity contours shown over ELA2018/198 (compiled from Sth. Aust. Government data). Historical BHP drill hole collar (NC9202) shown, which intercepted anomalous geochemistry and alteration indicative of IOCG systems. Several large gravity features are apparent, requiring follow up infill gravity surveying ahead of potential drill testing.

Mt Barry (EL 6333) Planned Exploration:

  • Infill existing broadly spaced gravity data
  • Define and rank gravity targets
  • Drill test priority gravity targets