Brokenwood and Pandora Prospects

 Overview

  • RC drilling at Brokenwood returned 6.0m @ 8.1g/t Au from 98m in holeHYRC23010 and 8.0m @ 1.0g/t Au from 50m in hole HYRC23006¹​
  • 2016 RC drilling at Brokenwood returned 3.0m @ 9.34g/t gold²​
  • Drilling at Pandora in 2016, intersected 9.0m @ 6.3g/t Au²​
  • Surface rock chip sampling result of 6.04g/t Au³

The Brokenwood and Pandora Prospects are located 7.0km south of the Hyperion Deposit within EL9250.

Both prospects are hosted by similar stratigraphy to that seen at the Hyperion Deposit to the north and conceivably the Groundrush Deposit located 12.3km tothe southwest. 

Geophysical evidence provided by aeromagnetic and gravity surveys suggests afold closure in the immediate area with two regional NNE-Suplejack Shear Zone(“SSZ”) and NNW trending faults intersecting in the area of the prospects. 

 

Brokenwood_and_Pandora_Prospects_V2_pptx

¹ASX 13 September 2023 ²ASX PRX: 27 July 2016 ³ASX 13 September 2023​

Brokenwood_and_Pandora_Prospects_V2_pptx

¹ASX PRX: 27 July 2016 ²ASX 13 September 2023 ³ASX 6 November 2024 ​

Brokenwood – Pandora Exploration History​

In 2016 Prodigy Gold’s first drilling program at Pandora returned a peak result of 9.0m at 6.32g/t gold, and results from Brokenwood including 3.0m at 9.34g/t gold¹. Importantly, these results confirm that other east-west striking structures in the region host high tenor gold mineralisation. However, while drilling sections on either side of these high-grade intercepts intersected anomalous gold grade, continuity was not demonstrated.

Results received for the 2023 drilling completed at the Brokenwood Prospect demonstrated the potential for further discovery at this, and other prospects, in and around the Hyperion Deposit. Two intercepts of 6.0m @ 8.1g/t Au from 98m (ETW 2.0m) in hole HYRC23010 and 8.0m @ 1.0g/t Au from 50m (ETW 2.5m) in hole HYRC23006 supported the surface sampling result of 6.04g/t Au as reported in sample HYPSS2310².

In 2024 two RC holes totaling 204m and three holes totaling 108m of drilling were completed at the Pandora and Brokenwood Prospects, respectively.

The two holes at Pandora were following up historical anomalous results and failed to provide any significant intersections. Drillhole PARC24001 reported a single metre at >1.0g/t Au, being 1m @ 1.16g/t Au (from 64m)³ and 3 separate one metre intervals ≥0.5g/t Au. Hole PARC24002 reported three separate one metre intervals ≥0.5g/t Au. One of the Brokenwood holes had no significant intercepts with the other two holes reporting minor intercepts of around 1.0m @ 0.5g/t Au³.

 

 

Brokenwood –Pandora Geology

The geology identified in the Pandora drilling suggests more work is required to understand the orientation of the mineralisation in this area.

In 2023 outcropping, quartz veining with visible gold, was discovered near historical anomalous surface sampling at the Brokenwood Prospect and was mapped in north-south trending veins. Sampling of outcropping quartz vein material located approximately 100 meters south of sample HYPSS2310 (6.04g/t Au) returned a grade of 2.24g/t Au (HYPSS2318) in a fault breccia and 0.46g/t Au (HYPSS2319)¹ in an abutting quartz vein. These two samples demonstrate structurally related gold mineralisation with no historical surface sampling conducted in this southern area.

A further outcropping quartz vein was sampled approximately 30 metres to the north, and along the same strike as sample HYPSS2310, returned an anomalous result of 0.09g/t Au (HYPSS2309)¹ providing an overall strike extent of 130 metres. There is potential that the quartz vein continues below surface along strike, however this will need to be confirmed, as lateritic material mapped on surface extends beyond the outcropping vein in either direction.

As gold has been identified in surface samples at Brokenwood, it is recommended to establish a number of costeans over this area to aid in understanding the orientation of mineralisation, before more drilling is undertaken.

 

Brokenwood_and_Pandora_Prospects_V2_pptx

¹ASX: 13 September 2023 ​