Olympus Project (Truscott - 100%)
Olympus Node
(EL 27145)
The Olympus Project is located 25km to the West of the Tennant Creek Township within tenement EL27145. The target zone has been interpreted as an intersection between a syncline and the southern shear zone (Figure 6). Regional airborne magnetic data (bottom inset) and radiometric data clearly identify the target zone. Previous explorers completed vacuum RAB drilling in the general area and identified weak gold and copper anomalism.
Site clearance work has been completed over the zone of interest with an AAPA clearance certificate issued for future exploration and mining activities. A detailed ground based gravity survey is planned to cover the target area shown in the top inset to provide structural information to be used for targeting gold mineralisation.
Figure 6: Ground Based Gravity Acquisition for the Olympus Project