{"id":1007,"date":"2014-06-04T19:53:46","date_gmt":"2014-06-04T08:53:46","guid":{"rendered":"http:\/\/www.australian-gold.com\/blog\/?p=1007"},"modified":"2014-06-04T19:53:46","modified_gmt":"2014-06-04T08:53:46","slug":"investigator-resources-ltd-asx-ivr-a-rare-asx-silver-play","status":"publish","type":"post","link":"https:\/\/www.australian-gold.com\/blog\/investigator-resources-ltd-asx-ivr-a-rare-asx-silver-play\/","title":{"rendered":"INVESTIGATOR RESOURCES LTD – ASX: IVR A rare ASX Silver play"},"content":{"rendered":"

INVESTIGATOR RESOURCES LTD – ASX: IVR<\/strong>
\nThe 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.<\/p>\n

Description<\/strong>
\nInvestigator Resources Limited (ASX code: IVR) is a metals explorer focusing on silver, copper and gold discoveries, close to infrastructure on the Eyre and Yorke Peninsulas, South Australia with the objective of becoming a producer.<\/p>\n

The company is named after Matthew Flinders\u2019 ship, \u2018The Investigator\u2019, a small former coal barque that outsailed the French in mapping the coasts of the Eyre and Yorke Peninsulas to claim South Australia for the British.<\/p>\n

Investigator Resources belies its small size by applying innovative concepts and exploration techniques to secure quality ground and to compete for the next major metal discovery in Australia.<\/p>\n

Peterlumbo JV Silver Project, Eyre Peninsula – South Australia<\/strong>
\nParis Silver Project:
\n\u2022\tMaiden Inferred Mineral Resource: 5.9Mt at 110g\/t silver and 0.6% lead, containing 20Moz silver and 38kt lead credit at a 30g\/t silver cut-off.
\n\u2022\tMaiden silver resource of significant size and grade.
\n\u2022\tShallow deposit and potentially amenable to open-pit mining.
\n\u2022\tGood initial metallurgical silver recoveries of between 65% and 97%, utilising conventional extraction process.
\n\u2022\tExpansion opportunities on tested and untested extensions.<\/p>\n

Paris Expansion Target Area (PETA):<\/strong>
\n\u2022\tEncouraging silver and lead assays; 3m @ 263g\/t silver and 6m @ 4.34% lead were achieved in late 2013 scout drilling on interpreted extensions to the Paris deposit.
\n\u2022\tThe drilling is considered to have investigated about 1.5km of potential extensions aggregating as 8km targeted strike length. This showed deeper silver targets are likely that did not produce an initial soil geochemical signature but still offer shallow open-pittable potential starting about 50m below the surface.<\/p>\n

Satellite Targets:
\n\u2022\tWithin 15km radius of the Paris Silver Project, four high-priority Prospects; Argos, Ares, Helen and Diomedes.
\n\u2022\tAjax Prospect (35km east of the Paris Silver Project), defined as large and high-amplitude silver anomalies with strong peak silver-in-soil values up to 21g\/t silver that is ten times the peak of the Paris soil signature, close to Frakes silver discovery (10m @990g\/t silver).<\/p>\n

Uno\/Morgans Project, East Eyre Peninsula – South Australia<\/strong>
\n\u2022\tPotential epithermal field in the same geological position as the Paris Silver Project, but 85km further east.
\n\u2022\tMapping identifies subtle outcrops including gossans and extensive float of epithermal mineralisation. Soil sampling delineated multiple large targets.
\n\u2022\tRock chip assays up to 234g\/t silver, 0.87% copper, 1.9% lead, 0.12% cobalt and an outlier of 9.28g\/t gold.
\n\u2022\tHighest priority Hurricane target with widespread silver-anomalous float extended to 400m by 2.5km area, including a single rock float assay of 9.28g\/t gold.
\n\u2022\tPotential for large poly-metallic system offering diverse shallow targets ranging from copper-silver-cobalt to epithermal silver with a possible gold-bearing cap.<\/p>\n

Early success, with the discovery of the Peterlumbo epithermal field, shows IVR\u2019s approach is working and upgrades their other soil geochemical targets across the Moonta Corridor.<\/p>\n

Northern Yorke Peninsula IOCG Projects, Yorke Peninsula – South Australia<\/strong>
\n\u2022\tShallow magnetic targets at Roundabout and Spyall on extensions to the historic Moonta copper field and Hillside trends.
\n\u2022\tAt prospective northwest jogs as seen on Eyre Peninsula.
\n\u2022\tRecent gravity surveys and modelling indicate shallow IOCG targets within 50m to 200m of surface.<\/p>\n

Exploring For
\nSilver, copper and gold<\/p>\n

Location of Projects
\nSouth Australia<\/p>\n

Address
\nSuite 48, Level 3, 2 Benson St
\nTOOWONG, QLD, Australia<\/p>\n

Phone
\n(61 7) 3870 0357<\/p>\n

Email
\ninfo@investres.com.au<\/p>\n

Website<\/p>\n

Home<\/a><\/p><\/blockquote>\n