Gold mineralisation - New Area Found

From the Kalgoorlie Miner newspaper April 19th

Gold mineralisation has been discovered at Jutson Rocks 125km north-east of Laverton.

Global Metals made the find during its maiden RAB drill program.

The company has found gold intercepts up to 4m at 3.5g/t Au returned from initial RAB drilling of auger gold anomalies defined from BLEG sampling at the Jutson Rocks Gold Project.

Encouraging intercepts have been encountered on two lines spaced 1.1km apart, traversing the same auger gold anomaly.
The gold intercepts span across a strike width of 138m in the southern line and 19m in the northern line.

http://au.news.yahoo.com/thewest/regional/goldfields/a/-/news/13468170/gold-mineralisation/

innerestin short bit of Historical & Hysterical info on that area from Global metals web site.

"Despite the limited exploration work actually completed at Jutson Rocks, the area holds a starring role in the history of Australia exploration when, during the infamous ‘Nickel Boom’ of the early 1970s, speculation over the JRGB sent shares in Tasminex Ltd on a meteoric ascent from $3 per share to $96 per share.
While subsequent work failed to justify the heights of this speculative bubble Tasminex did, nonetheless, intersect significant copper and nickel within the Mt Venn region of the JRGB. More recent work by Helix Resources at Mt Venn in 2005, following a 30 year hiatus in exploration, also encountered significant mineralisation including 4 m @ 1.3% Cu interspersed with nickel mineralisation grading 1.2% over an intersection of 2 metres.
In addition, the JRGB holds excellent potential for gold discovery as evidenced by the Chapman’s Reward historical gold workings which, according to available records, mined gold ore at an average grade of 54 g/t Au."


http://www.gmetex.com.au/content/historical-exploration

cheers.

Bit of Gold & Molybdenum mainly at the old Chapmans reward workings.
54 g/t Au probably wouldnt pay for cartage n crushin back then.
Helix also poked their noses around a few years ago lookin for Platinum group Minerals.