Reviewed by Alex SmithAug 25 2021
Adyton Resources Corporation has come up with an update on the auxiliary trenching program which follows the latest successful diamond drilling program at its wholly-owned Gameta Gold Project on Fergusson Island, situated in the famous “Rim of Fire” region of Papua New Guinea.
Location of Gameta Trenching. Image Credit: Adyton Resources Corporation.
Highlights
- T2A: 60 m at 1.68 g/t Au
- Including 16 m at 2.29 g/t Au
- Including 24 m at 1.96 g/t Au
- Including 6 m at 3.9 g/t Au
- T2B: 16 m at 1.07 g/t Au
- Including 4 m at 2.22 g/t Au
- T2C: 14 m at 1.07 g/t Au
- Diamond core drilling results reported earlier exceeded historical grades and are complimented by outcropping trenching samples.
The success of our maiden drilling program at Gameta continues to be validated via the recent trenching results. This deposit is outcropping at surface with grade exceeding the historical results. The combination of Gameta and Wapolu deposits will have sufficient scale to produce an economic project with substantial upside.
Frank Terranova, Chairman, President, and Chief Executive Officer, Adyton Resources Corporation
“We are now accelerating technical studies and the next phase of drilling to further define the significant potential of the Ferguson Island project,” added Terranova.
Overview of Trenching Program
A minor trenching program was performed around the recently concluded Adyton drilling program to verify surface mineralization and offer support to the near-surface drilling results. The trench results sectioned long-runs of 1-2 g/t Au mineralization (T2A: 60 m at 1.68 g/t Au), including zones of higher grade (T2A: 16 m at 2.29 g/t Au and 6 m at 3.9 g/t Au), which confirmed the drill results.
The trenching sectioned the key mineralized zone (or the Detachment Fault Zone) together with basement metamorphics and hanging wall colluvium. The updated resource model will also incorporate the trench results.
About the Fergusson Island Project
Fergusson Island is one of the D’Entrecasteaux Islands located along the western end of the Woodlark extension (Woodlark Basin).
On Fergusson Island, Adyton holds three individual exploration projects:
- The Gameta Gold Project that now hosts a 360,000-ounce gold (oz Au) inferred mineral resource.
- The Wapolu Project that now hosts a 140,000 oz Au inferred mineral resource.
- The Oredi Creek that hosts extensive epithermal gold mineralization related to a fault zone with rock chips up to 1.4 g/t Au and a drill intersection of 70 m at 0.5 g/t Au from earlier drilling programs. Most significantly, although in an early stage, this project adds considerable strategic value to the Adyton landholding position on Fergusson Island.
Miocene-Recent crustal thinning formed by extension (stretching) of the crust dominates the geological setting. This thinning has led to the doming of metamorphic core complexes isolated from an over-thrusted sub-seafloor oceanic mantle by a decollement (Detachment Fault Zone or DFZ), covering ultramafic rocks of the obducted block.
Gold mineralization hosted within the footwall dioritic gneiss and in the DFZ seems to be both fracture- and dyke-related, as well as sulfide-hosted.
The mineralization model for Wapolu and Gameta indicates that gold is related to hydrothermal fluids and is concentrated in shallow-dipping deposits inside or immediately next to the DFZ, which borders the metamorphic core complexes. This general setting is similar to deposits such as Mesquite and Picacho in California and Misima in Papua New Guinea.
The gold exists along with fine sulfides as disseminations and in epithermal quartz veins in lensoid zones parallel to the DFZ.