Genaren


Genaren (EL7927) is located at the northern end of the Northparkes Igneous Complex 29km NNW of Rio Tinto's Northparkes copper-gold mine. This tenement replaces EL6822 Roseholme. The project was formerly a JV Option Project with Gold Fields, which has now been returned to Clancy.

Five air core holes were attempted by Gold Fields during the JV Option period to test basement targets. However, only one hole successfully reached basement due to the unconsolidated boulder conglomerate cover sequence, which makes drilling problematic. No significant results were returned from the successful hole.

An airborne magnetic and radiometric survey was completed in early 2011 and a comprehensive gravity survey was completed in early 2013. The surveys have helped to resolve key structures and potential intrusive complexes. Drilling is planned for 2013.



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