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Home Investors ASX Announcements Electromagnetic Survey Results from Maronan Project
Electromagnetic Survey Results from Maronan Project
A ground-based electromagnetic survey recently completed over the whole of the Maronan project in Northwest Queensland, has discovered two strong, regionally significant, conductors just three kilometres south of the existing Maronan lead-silver and copper-gold deposit. 
The new southern conductors are about 400 to 600 metres long and model at a depth of about 100 metres below surface.  Magnetic imagery places the southern conductors at the hinge zone to a regional fold closure (the Southern Fold Structure) which sits about 300 metres within the southern boundary of the Maronan tenement.