Mulline

MULLINE

The Mulline Project covers an area of approximately 20 square kilometres located 35 km north of the Davyhurst Processing Plant.

GEOLOGY & MINERALISATION
Gold mineralisation is associated with quartz and sulphide veins that occur in shear zones within basalt and dolerite units. Mineralisation is also associated with porphyry units that have intruded the mafic sequence.

RESOURCES & RESERVES
The last JORC (2004) resource estimate for the project was compiled in 2008 based on past ASX releases and reports. The estimate was released in the Swan Gold Mining Limited 2013 prospectus released 13th February 2013 (Table 1).

HISTORICAL PRODUCTION
The table below summarises the cumulative gold production from the project based on the available records;

Project Production Period
Pre 1950 1950-1980 1980-2000 2000-2008
(oz Au) (oz Au) (oz Au) (oz Au)
Mulline  5,000    51,634  193,323

Table 2 – Mulline Project Production History

The area has significant number of historical old workings including Lady Gladys, Young Australia, Peachtree and Mulline.

The Lady Gladys open cut had a cumulative production of approximately 2 Mt at 2.47 g/t Au making it one of the larger producers in the district.

TARGETS
The company has developed a number of targets within the project for further testing.

Peachtree/ Young Australia:
This prospect has numerous sets of shallow historical old workings which the company is looking at potentially bulking up to create an open cut deposit.