MOUNT MORGAN DISTRICT PROJECT
Lodestone Exploration has exploration tenements that extend to within 3kms of the former Mount Morgan gold and copper mine, near Rockhampton in Central Queensland.
The Company's focus has moved progressively closer Mount Morgan as ground became available. Four historic prospects are of interest:
Morganite Prospect
3 kms north of Mount Morgan
Part of a major cluster of silica-pyrite alteration zones and hydrothermal
breccias
22+ holes drilled pre-1992
Lodestone flew detailed aeromagnetics in 2004
Lodestone flew heliborne electromagnetics in May 2007
Midas Prospect
3 kms north of Mount Morgan
Distinctive magnetic anomaly. Mine Corridor rocks under cover?
Lodestone carried out shallow drilling January 2007
Lodestone flow heliborne electromagnetics in May 2007
Struck Oil Prospect
7 kms east of Mount Morgan
30+ holes drilled in 1970s-80s.
Lodestone is reassessing this data
Hamilton Prospect
6 kms south of Mount Morgan.
17+ holes drilled in early 1980s. Limited gold assays?
Lodestone flew heliborne electromagnetics in May 2007
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