Philippines

Ganymede Project

The Ganymede project area comprise approximately 15,900 hectares and is underlain by volcanic rocks and diorite intrusions, located on Bohol Island. Two immediate target areas have been identified, an epithermal system hosted in volcanic rocks where indications of mineralisation is from old testpits and previous drilling in the late 1990 by Chase mining as follows: We plan follow-up drilling in this area.

Table of drill hole results as reported 1
Hole From (m) To (m) Interval (m) Grade g/t Au
No.1 75 80 5 0.40
  85 90 5 0.35
No.2 5 10 5 0.85
  55 115 60 1.28
inc. 60 70 10 3.79
No.3 5 15 10 0.31
  70 110 40 0.63
No.5 50 55 5 0.36
No.7 65 80 15 0.31
  110 115 5 2.06
No.10 55 65 10 0.76
  70 75 5 0.24
  95 110 15 1.79
inc. 95 105 10 2.46
No.13 30 35 5 0.40
  50 55 5 0.67
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The second target area is copper porphyry mineralisation that occurs associated with altered diorite. Previous drilling reportedly intersected significant mineralisation and chalcocite veining is prevalent in a number of areas. Grab samples returned up to 10% copper. We have conducted mapping and and soil geochemistry and have identified 5 drill targets in this area.



Chalcocite at surface at Ganymede.

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