Meentheena Gold Project (Azure 70% / Creasy Group 30%)
Meentheena is located in the eastern Pilbara approximately 80km east of Marble Bar with easy access via the sealed Marble Bar to Telfer Gold Mine road. The property covers 223km2 and the project area has been explored by the Creasy Group for more than 25 years. It is considered prospective for epithermal, intrusive-related, and structurally controlled gold mineralisation.
Geological mapping and geochemical sampling has defined a large (~20km2) zone of epithermal-style alteration at surface. Anomalous gold and silver values and high levels of the pathfinder minerals arsenic, antimony and mercury are associated with silica flooding, quartz and sulphide veining, and crackle breccias are indicative of an epithermal event.
The Creasy Group drill-tested this zone with five RC holes totalling 2,204m and one 706m diamond core hole, returning anomalous precious metals and pathfinder elements.
Azure has completed aeromagnetic survey coverage of the project area and plans to undertake further exploration comprising surface studies followed by drilling.