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HERA Au-Cu-Zn-Pb-Ag PROSPECT, NYMAGEE, NEW SOUTH WALES

The prospect was initially identified by Buka Minerals in 1974 following a Barringer Input Survey. Although CRA Exploration Pty Ltd (CRAE) first drilled into sub-economic mineralization in 1984, it was not until 2000 that Pasminco intersected ore-grade mineralization along strike from the CRAE drilling, beneath a Pb soil anomaly. In 2003, Triako Resources Ltd acquired the Hera Prospect and additional diamond drilling has confirmed the continuity of high-grade Au mineralization and extended the prospect to the N. To date, high-grade mineralization has only been intersected at depths greater than 250 m below surface. The surface expression of the mineralization is as rare, weakly gossanous float, on a colluvial slope, adjacent to a siliceous hill. Historic prospecting is indicated by a shallow shaft in the siliceous hill, 250 m E of the Hera Prospect.