Loei Copper & Gold Project
Thailand
- 14 Special Prospecting Licence applications (area 193.3km2) - Unity 100% ownership.
- The applications lie within the Loei Fold Belt (LFB), the major copper-gold metallogenic and magmatic belt in mainland Southeast Asia.
- Prospective for major porphyry copper-gold & intrusion-related gold deposits.
- Little systematic exploration in the application area for nearly 30 years.
- The applications surround the PUT 1 copper-gold deposit. PUT 1 is the largest copper deposit in Thailand (Measured, Indicated & Inferred Mineral Resource of 183.0Mt @ 0.50% copper & 0.13g/t gold for 913Kt copper & 771Koz gold)1.
- The PUT 1 Mineral Resource remains open along strike to the north and may extend into Unity’s application area.
- PUT 1 is associated with a major magnetic anomaly. At least 5 poorly explored, look-alike, magnetic anomalies with copper & gold occurrences are located with the applications. These anomalies are highly prospective targets for copper and gold mineralization.
1PanAust ASX Announcement 28 July 2008