The Siberia Project is a historical mine area located 37 km east of the Davyhurst Processing Plant. Open pits have been developed on a number of sets of historical workings, including Sand King, Missouri, Camperdown, Palmerstone and Theil Well.
GEOLOGY & MINERALISATION
The Siberia Trend is a 16 km zone covering the sheared ultramafic – basalt contact running south of the main Siberia workings to the Black Rabbit resource. Along the trend a number of sets of substantial old workings have been developed on the basalt units close to the contacts at Consoles, Bonnie Doon and Consoles South. These have not been systematically tested as yet.
RESOURCES & RESERVES
The last JORC (2004) resource estimate for the project was compiled in 2008 based on past ASX releases and reports. The estimated was released in the Swan Gold Mining Limited 2013 prospectus released 13th February 2013 (table 1).
Table 1 - Siberia 2008 Resource Figures
The table below summarises the cumulative gold production from the project based on the available records;
|(oz Au)||(oz Au)||(oz Au)||(oz Au)|
Table 2 - Siberia Project Production History
The Theil Well Trend is situated on a sheared contact between Hi MgO and theoliitic basalts where the company has identified the New Mexico West and Charlie North Targets that require infill drilling.