Mace Deposit, Galway, Ireland MOAG Copper Gold Resources Inc Paul Gordon MSc PGeo EurGeol SLR Consulting
Background ⬤ Mace Head, Co. Galway (Connemara), west of Ireland ⬤ Granite-hosted, Mo-Cu mineralisation in quartz veins ⬤ Discovered in 1960s, no follow-up until 2014 ⬤ SLR acts as project manager on MOAG’s behalf
Regional Geology ⬤ Hosted in Caledonian Galway Granite batholith ⬤ Mineralisation coeval (± 5ma) with granite emplacement (410 ma) ⬤ Local Geology: Carna Granite suite, intruded into roof of main batholith
Hunt, 2006
District Scale Geology
Drilling (42 DDHs, >7000m) ⬤ 2014 – Six drill holes to confirm presence and nature of mineralisation ⬤ 2015 – 25 drill holes to ascertain extent of mineralisation ⬤ 2016 – 11 drill holes for infill, to assist in resource definition
Mineralisation & Alteration ⬤ Quartz veins, millimetre scale to metre ⬤ Primary veins are vertical to sub-vertical ⬤ Primary economic minerals are molybdenite and chalcopyrite ⬤ Classic porphyry style potassic, phyllic and propylitic alteration associated with mineralisation ⬤ Possibly in upper part of porphyry ⬤ Similarities to Moly Brook, Newfoundland
Mineralisation & Alteration
16 29 02 08 20 Hole ID From (m) To (m) Interval (m) Mo% Cu% Ag g/t 15-934-16 0.5 301.0 300.5 0.040 0.036 0.23 15-934-29 0.8 171 170.2 0.056 0.039 0.401 14-934-02 6.5 117.5 111.0 0.068 0.052 0.19 15-934-08 1.5 160.0 158.5 0.060 0.040 0.11 15-934-20 0 209 209 0.068 0.033 0.161
Drilling Results – Mo:Cu Voxel NE SW
Drilling Results– Mo:Cu Voxel (clipped) NE SW
Locality/Environmental/Community ⬤ Paved roads give immediate access to project area ⬤ National route N59 within 7km ⬤ On electrical grid ⬤ 5km from Carna village ⬤ <1km from small fishing harbour, 30km by sea or 40km by road from commercial fishing port ⬤ Regulatory/policy support in place ⬤ No Natura 2000 sites in immediate vicinity of deposit ⬤ Broad community support to date
Summary ⬤ Porphyry-style mineralisation and alteration (Mo-Cu) ⬤ Interpreted to be in upper part of deeper porphyry system ⬤ Potentially economic mineralisation ⬤ NI 43-101 Technical Report under preparation for delivery in Q2 2017
Questions?
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