Large New Gold Project Area Identified near Chatree
A new 20 square kilometer gold mineralised project area, called Suwan, has been identified 6-10km north of Chatree in central Thailand, beneath shallow cover. This mineralisation, if proved to be economic, has the potential to provide future ore feed for the Chatree gold mine as satellite open pits.
The Suwan prospect covers an area 4km x 5km, which is similar in overall dimensions to the Chatree gold mine, with similar geology and geophysical response. The area has virtually no
outcrop, covered by a thin 2-20m cover of alluvium, and exploration therefore has only recently recognized the scale of the mineralised areas. Mineralisation has been identified by top-ofbedrock
aircore drilling that followed up geophysical anomalies (ground resistivity and induced polarization geophysical anomalies), a technique that has proven highly successful at the Chatree gold mine.
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