donnie
09-07-2007, 10:36 PM
SHE is a small company that has been concentrating on Tin mainly, with other base metals slowly being added to their portfolio, they seem to be a positive company with good announcements made every few month. they start drilling in the next couple of month so look for some small gains in the next few month.
About Stonehenge Metals Limited
Stonehenge Metals Limited is an exploration company recently formed to explore a portfolio of
highly prospective tin, nickel and zinc exploration projects in North West Tasmania. The projects are
located within areas of historic mining activity and known mineralization in a province that has
produced world class tin deposits at Mt Bischoff and Renison Bell and nickel at Avebury.
Stonehenge Nickel Project: The Stonehenge exploration lease has the potential to host significant
nickel deposits. The lease contains the same rock units and aeromagnetic anomalies that have
produced Allegiance Mining NL’s Avebury nickel mine on adjacent ground. The anomalies have not
been tested by drilling and could be related to significant nickel mineralisation. The drilling of this
magnetic anomaly will be a priority and the magnetic data covering this tenement will be reviewed to
identify all magnetic targets.
Stonehenge Base Metals Project: In addition to nickel, the Stonehenge exploration lease has the
potential to host significant lead-zinc-silver deposits. The lease contains the same rock units and
structural corridors that have produced Zeehan Zinc’s Comstock mine on adjacent ground. There are
approximately 7km of strike length to explore on three trends each of which contain several historical
mines. Preliminary channel sampling at Sunshine has identified 10m @ 22% zinc. The drilling of the
Sunshine and Swansea deposits will be a priority and the historical data covering this tenement will be
reviewed to identify all base metal targets.
Granville Tin Project: The Granville East tin deposit appears to be a strata-bound, carbonate
replacement deposit (skarn). Sampling has established the presence of some very high grade zones
of ore and recent mining has confirmed the open pit to be a potential source of ore of good grade and
character. Early tin production from stockpiles, waste dumps, some pit ore and reprocessing of tailings
is planned to proceed, in tandem, with the current resource drilling.
The Central Big 'H' tin prospect appears to be similar to Granville East's. Its magnetic anomaly size
and strength (200nT) indicates that it may be a smaller, lower-grade (+1%) analogue of the Granville
East tin skarn. Stonehenge Metals will conduct an initial, two to four hole, reconnaissance drilling
program over the prospect to test this possibility.
Federation Tin Project: The Federation lease covers a number of tin bearing lodes in an area known
as the South Heemskirk Tinfield. The country rock underlying this tenement is a part of the Heemskirk
granite which is a multiphase intrusion with the tin mineralization being related to the latest phase. The
major Tin prospects are Sweeny's, Federation and an untested magnetic anomaly West of Sweeny's.
Gawler Iron Project (25%): The Gawler Iron project contains two linear magnetic anomalies that are
parallel to and delineate the interpreted strike length of the hematite potential. Hematite iron float
(locally transported surface samples) have been identified over a potential 3 km strike length adjacent
to the magnetic anomalies
Interview River Tungsten Project: The Interview River licence covers a number of tungsten bearing
lodes in an area known as Interview River. The country rock underlying this tenement is a part of the
Interview granite which is a multiphase intrusion with the tungsten and tin mineralization being related
to the latest phase. Further east the tenement covers folded and faulted sediments with elevated
copper results.
About Stonehenge Metals Limited
Stonehenge Metals Limited is an exploration company recently formed to explore a portfolio of
highly prospective tin, nickel and zinc exploration projects in North West Tasmania. The projects are
located within areas of historic mining activity and known mineralization in a province that has
produced world class tin deposits at Mt Bischoff and Renison Bell and nickel at Avebury.
Stonehenge Nickel Project: The Stonehenge exploration lease has the potential to host significant
nickel deposits. The lease contains the same rock units and aeromagnetic anomalies that have
produced Allegiance Mining NL’s Avebury nickel mine on adjacent ground. The anomalies have not
been tested by drilling and could be related to significant nickel mineralisation. The drilling of this
magnetic anomaly will be a priority and the magnetic data covering this tenement will be reviewed to
identify all magnetic targets.
Stonehenge Base Metals Project: In addition to nickel, the Stonehenge exploration lease has the
potential to host significant lead-zinc-silver deposits. The lease contains the same rock units and
structural corridors that have produced Zeehan Zinc’s Comstock mine on adjacent ground. There are
approximately 7km of strike length to explore on three trends each of which contain several historical
mines. Preliminary channel sampling at Sunshine has identified 10m @ 22% zinc. The drilling of the
Sunshine and Swansea deposits will be a priority and the historical data covering this tenement will be
reviewed to identify all base metal targets.
Granville Tin Project: The Granville East tin deposit appears to be a strata-bound, carbonate
replacement deposit (skarn). Sampling has established the presence of some very high grade zones
of ore and recent mining has confirmed the open pit to be a potential source of ore of good grade and
character. Early tin production from stockpiles, waste dumps, some pit ore and reprocessing of tailings
is planned to proceed, in tandem, with the current resource drilling.
The Central Big 'H' tin prospect appears to be similar to Granville East's. Its magnetic anomaly size
and strength (200nT) indicates that it may be a smaller, lower-grade (+1%) analogue of the Granville
East tin skarn. Stonehenge Metals will conduct an initial, two to four hole, reconnaissance drilling
program over the prospect to test this possibility.
Federation Tin Project: The Federation lease covers a number of tin bearing lodes in an area known
as the South Heemskirk Tinfield. The country rock underlying this tenement is a part of the Heemskirk
granite which is a multiphase intrusion with the tin mineralization being related to the latest phase. The
major Tin prospects are Sweeny's, Federation and an untested magnetic anomaly West of Sweeny's.
Gawler Iron Project (25%): The Gawler Iron project contains two linear magnetic anomalies that are
parallel to and delineate the interpreted strike length of the hematite potential. Hematite iron float
(locally transported surface samples) have been identified over a potential 3 km strike length adjacent
to the magnetic anomalies
Interview River Tungsten Project: The Interview River licence covers a number of tungsten bearing
lodes in an area known as Interview River. The country rock underlying this tenement is a part of the
Interview granite which is a multiphase intrusion with the tungsten and tin mineralization being related
to the latest phase. Further east the tenement covers folded and faulted sediments with elevated
copper results.