From newpeak.com.au/newzealand-gold
A Maiden drilling program at Cap Burn was completed to test the main large, mineralised surface anomaly within the project’s East Block and multiple anomalies on the West Block.
Soil sampling to date indicates anomalous Gold, Arsenic and Antimony in texture IV schist over 2-3km2. Gold mineralisation of the Eastern Block is interpreted to be similar to that occurring at the Macraes Mine because of the sampled quartz float which has returned grades up to 1.74g/t Gold. The foliation in the anomalous area has a similar strike and dip as the shear zone hosting the Macraes Mine.
The Cap Burn Western Block hosts Gold mineralisation typical of that found in the brittle rock fracture lodes arising after rock metamorphism in the texture IV schist. Soil sampling to date has identified anomalous Gold, Arsenic and Antimony over a 3km2 area. Of the 20 analysed quartz vein float, 19 returned anomalous Gold (>0.1 g/t Gold) with three of these returned values between 1 and 2 g/t Gold. Historical rock samples have returned values of up to 3.25g/t Gold.
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