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Re: screamingeagle post# 247

Friday, 04/18/2008 12:57:16 PM

Friday, April 18, 2008 12:57:16 PM

Post# of 540
Gold is often found were it has been found before -



http://www.geocities.com/toby_meares/047.htm


Stawell Gold Mine in 1876

http://www.dpi.vic.gov.au/DPI/nrenmp.nsf/FID/-97D040987CEC52454A256B140016D6AF?OpenDocument


http://biz.yahoo.com/prnews/080415/to276.html?.v=62

http://investorshub.advfn.com/boards/board.asp?board_id=3041

http://www.perseverance.com.au/stawellMineProfile.asp

http://www.northgateminerals.com/

OVERVIEW OF STAWELL GOLD MINE

Stawell is a historic goldfield that has produced approximately
five million ounces of gold from both alluvial and hard rock
sources dating back to the mid-19th century Victorian gold
rushes.
Since the commencement of modern day production in 1984 to
the end of 2007, approximately 1.8 million ounces of gold
have been produced from the Stawell ore body.
Production for the full year 2008 is forecast to be
112,000 ounces of gold.

The dominant geological feature at Stawell
is the 1.2 kilometre wide Magdala basalt volcanic dome
surrounded by gold-bearing sedimentary formations.
Historical mining occurs in four distinct settings:
iron-rich sediments stratigraphically above the basalt;
at the sediment-basalt contact;
areas of sediment bounded by basalt (locally termed "waterloos");
and, in quartz lode shear structures parallelling
the plunge and dip of the basalt dome. Waterloo, a
historical term, refers to a mineralized zone, which
lies between two lobes or flows of basalt.
Historically, waterloo zones, when they occur, have added
significant resources to primary zones by providing
a secondary ore zone with similar grade as the main
basalt contact mineralization (see Figure 1).

The geologic setting of the Stawell gold deposit
shows similarities to other iron formation hosted
gold deposits such as Lupin, Northwest Territories -
and Homestake, South Dakota.

http://www.northgateminerals.com/NewsReleases/NewsReleaseDetails/2008/ExplorationdrillingatNorthgatesStawellmineintersectshighgoldgrades/default.aspx



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