Frontier Resources Limited’s (ASX: FNT) geologists have sighted visible gold specks in an outcrop along the newly discovered Guima gold vein system which occurs 900 metres ENE of the historical Kimono vein in Papua New Guinea.
Three separate veins with strike lengths of 620m and 580m along the main Guima vein,and 510m in strike length along the Guima Splay Vein,have been mapped along NNW‐SSE and NW‐SE oriented structures.
Regional mapping and reconnaissance rock sampling was completed in the Kimono Northeast area between Udukum Village and the Auga River and between Guima Creek and Umbuluwasa Creek.
The area is occupied mainly by pyroclastic volcanic rocks, comprising tuffs and minor agglomerates predominantly of andesitic composition, which are intruded locally by very fine‐grained basaltic dykes.
Trace visible gold specks were observed in an oxidised quartz‐limonite‐goethite vein in strongly silica‐ hematite altered pyroclastics at sample site #40236 where preliminary aqua‐regia analysis techniques returned 1.18g/t Au. Final total recovery gold analysis techniques using Fire Assay are expected shortly.
Steeply dipping quartz +/‐ sulphide veins range from 20cm to 1.7m in width found at numerous localities. The veins pinch and swell and are associated with minor crackle brecciation.
Quartz textures include granular saccharoidal quartz, comb quartz, minor crustiform quartz infilling vugs and lattice bladed calcite pseudomorphed by quartz which are indicative of the boiling zone of an epithermal system.
Minor galena was observed in two rock samples #40245 and #40246 from a quartz‐sulphide vein exposed at a lower elevation of 1439m near the Auga River, indicating a base metal zone occurs between 1350m to 1500m elevations.