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GLOBAL GEOSCIENCE LIMITED

ASX: GSC

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Global Geoscience Ltd is focussed on exploring its 100% owned gold, silver and base metal projects in Peru, Nevada and Australia. Global is a Sydney based mineral exploration company with a clear and focused exploration strategy:

• Identify and acquire early-stage exploration projects in key mineral provinces that display the potential to host large, high-value mineral deposits.
• To rapidly advance its projects to the drill testing stage.
• To seek external funding for its projects at an appropriate stage in order to accelerate exploration.
• To continue its focus on project generation

Peru Projects

Many of the world’s largest copper, gold and base metal mines are located within a major tectonic zone that extends from Alaska through North, Central and South America to southern Chile. Most of the mineral deposits within this zone are closely associated with igneous rocks intruded into older sedimentary and volcanic sequences during Mesozoic and Tertiary times. Deposit types in the region include epithermal (Au-Ag), porphyry (Cu-Mo-Au), skarn (Cu-Pb-Zn-Mo) and manto (Pb-Zn). Peru is part of the same geological belt in age, rock type and types of mineral deposit.

In Peru, Global holds 100% interest in four copper-gold projects located in northern and central Peru. The projects lie within a linear province of porphyry copper-molybdenum-gold deposits which extend along the Andes mountain chain from Ecuador south through Peru into central Chile and Argentina. These deposits (with total pre-mining tonnage and grades) include La Granja (2.8Bt at 0.6%Cu), Toromocho (2Bt at 0.5%Cu), Constancia (0.4Bt at 0.44%Cu), Cuajone (1.5Bt at 0.76%Cu), Toquepala (2.1Bt at 0.6%Cu), Collahuasi (4.1Bt at 0.81%Cu), Chuquicamata (11.2Bt at 0.65%Cu), La Escondida (4.9Bt at 1.0%Cu), El Teniente (11.8Bt at 0.9%Cu), Los Bronces (5Bt at 0.8%Cu) and Alumbrera (0.8Bt at 0.52%Cu, 0.67g/tAu).

Arizona & Mexico Projects

Many of the world’s largest copper, gold and base metal mines are located within a major tectonic zone that extends from Alaska through North, Central and South America to southern Chile. Most of the mineral deposits within this zone are closely associated with igneous rocks intruded into older sedimentary and volcanic sequences during Mesozoic and Tertiary times. Deposit types in the region include epithermal (Au-Ag), porphyry (Cu-Mo-Au), skarn (Cu-Pb-Zn-Mo) and manto (Pb-Zn). Arizona and Mexico are part of the same geological belt in age, rock type and types of mineral deposit.

In Arizona and Mexico, Global holds two porphyry projects: New Morenci and Los Graceros. These projects lie within a cluster of major porphyry copper-molybdenum deposits extending through south-western USA and northern Mexico. These deposits (with total production and resources) include Bingham (3.1Bt at 0.7%Cu), Mission (1Bt at 0.65%Cu), Ray (1.2Bt at 0.9%Cu), San Manuel (1.7Bt at 0.6%Cu), Twin Buttes (1.5Bt at 0.7%Cu), Resolution (1.3Bt at 1.5%Cu), Cananea (2Bt at 0.7%Cu), and La Caridad (2.5Bt at 0.5%Cu).

Nevada Projects

Global holds 100% interest in three projects located in Nevada, USA. The tenements are held by Paradigm Minerals USA Corporation, a company incorporated in Nevada and owned by Global’s Canadian subsidiary PGPL Minerals USA Pty Limited. Global identified the areas as being prospective by way of a regional geological study followed by field programs of geological mapping, stream sediment, rock chip and soil sampling. The projects have potential to host two distinct deposit types. Mineralisation at Dun Glen and Jersey Valley is located in the north-eastern part of Nevada in an area where Carlin type mineralisation is the dominant ore deposit form. Tokop is in southwest Nevada where ore deposits are closely associated with volcanic arc, epithermal and porphyry type mineral deposits of the Walker Lane tectonic zone.

Mine For

copper, gold

Location of operation(s)

Peru, USA, Australia

Address

Suite 204 , 161 Walker Street
NORTH SYDNEY, NSW, AUSTRALIA

Phone

61 2 9922 5800

Email

Website


Last Updated

6/4/2011

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.