Celia Project
Over the course of 2009 Rubicon acquired open tenure at its Celia Project over the southern part of the Laverton Tectonic Zone, one of Australia's best gold provinces. Rubicon also purchased four exploration licences and five prospecting licences covering 29 km² over the Gap Bore area within its Celia project from local prospectors.
The Celia project encompases a significant tectonic zone with the central tenements dominated by felsic volcanics and sediments and a mafic-ultramafic sequence to the west. Rubicon now has approximately 800 km² of tenure at Celia, including tenure directly along strike of, and adjacent to, the Granny Smith, Sunrise Dam, Butcher Well, Red October, Safari Bore, Kangaroo Bore, Dewey and Choir Boy gold deposits/prospects that will be tested for extensions of these mineralised zones. Part of the leases also encompasses the southern continuation of the ultramafic belt that hosts the Eucalyptus Bore nickel laterite mineralisation.
Exploration work on the Celia project to date has comprised the acquisition and interpretation of detailed multiclient and open file aeromagnetic and gravity data, a detailed review of previous exploration and consolidation of all drilling and surface sampling data into a database, field review and rock chip sampling.
A field reconnaissance program has been undertaken and rock-chip samples were collected from outcropping quartz veins, historic workings and selected drill hole spoils from the Choir Boy, Dolly Pot Bore, Karina's Joy, Kangaroo Bore North and Sandy King prospects.
Results include several high-grade (>10g/t Au) samples from historic workings at Dolly Pot Bore (maximum value of 30.6g/t Au) and east of Karina's Joy (max value of 29.9g/t Au). Both areas have limited previous drilling.
Based on Rubicon's work to date, approximately 30 initial target areas have been selected. A selection of these targets includes the following:
- Grab sampling of the old Dolly Pot workings returned significant values of 4.0 - 30.6g/t gold.
- Rock chip sampling of a quartz-rich BIF ridge at Jericho returned several values >1g/t gold, peaking at 8.0g/t gold.
- Rock chip sampling of a quartz-rich BIF at the Angel prospect included two results of 62.0 and 60.9g/t gold.
- Previous drill results of 4m @ 4.0g/t, 5m @ 2.3g/t and 4m @ 2.5g/t gold at the Choirboy Prospect.
- Rock chip sampling at Karina's Joy up to 29.9g/t Au.
- Geological targets along strike from Kangaroo Bore (Kangaroo Bore North) and Butcher Well (Butcher Well South).
- Excellent structural (fault intersection) target untested by drilling along strike from Safari Bore (Safari Bore North).
- Structural target at Red October Extended where the northeasterly trending lineament controlling the Red October mineralisation intersects one of the major regional faults.
