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Resource World - Feb-Mar 2015 - Vol 13 Iss 2

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F E B R U A R Y / M A R C H 2 0 1 5 www.resourceworld.com 41 Wainaleka copper-zinc prospect, Nakoro VMS prospect, Liwa Creek gold prospect and the Rama Creek copper prospect. The Wainaleka property is a volcano- genic massive sulphide prospect located about 50 km from the deep water port of Suva, the capital of Fiji. Anglo American drilled 15 holes in 1977. Highlights include 6.2 metres grading 1.8% copper, 12% zinc and 25 g/t silver as well as 9.7 metres of 2.3% copper, 5.5% zinc and 47 g/t silver. Drilling in the 1970s by Anglo American at the Nakoro VMS prospect returned 12 metres of 12.7% zinc, 0.3% copper and 56 g/t silver. Recent shallow diamond drilling located a new zinc-rich zone close to surface with several anoma- lous drill intersections, including 1.3 metres of 3.3% copper, 1.5% zinc and 37.6 g/t silver. A float sample in this area returned 21.1% copper. A geophysical survey in 2012 indicated that the prospec- tive horizon extends over 8 km. Original sampling by Amoco Minerals in the 1970s at the Liwa Creek gold pros- pect returned 8.4 g/t gold and 93 g/t silver from a float sample. In the 1980s Geopacific Ltd. discovered the source of the float sample. The surface expression was a 90-100 metre wide zone of altered volcanic rock with a strike length of over 300 metres. Trenching by Geopacific returned 15 metres of 1.9 g/t gold and 5.5 metres of 2.0 g/t gold. Airborne geophys- ics has also been carried out. The Rama Creek copper prospect is a copper-gold porphyry target discovered by Barringer in the 1970s. In 1975 Anglo American drilled four holes that inter- sected anomalous copper-gold values, including 244 metres of 0.22% copper and 0.16 g/t gold that included a near-surface interval of 72 metres of 0.32% copper and 0.25 g/t gold. Rama Creek has a mineral- ized system similar to Namosi, which hosts 2.2 billion tonnes grading 0.34% copper and 0.11 g/t gold located 30 km west. The Namosi deposit on Viti Levu is being explored by joint venture part- Continued on page 57

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