
| Region: |
 |
Western Australia |
| Commodity: |
Au |
| Project Name & Location: |
Sunday Project |
| Target Deposit Type & Model: |
>200Koz narrow high-grade vein deposit |
| Land Status: |
22 Prospecting Licences, 1 Mining Lease |
| Ownership: |
Triton earning in to 72% of Gold Rights |
In March 2008, Triton signed a Farm-in agreement with Hannans Reward Ltd (ASX – HNR) covering the gold rights to the Sunday Project, about 20 km east of Leonora, in the Eastern Goldfields Province of Western Australia. Sunday, a project containing what the Company considers to be high-grade vein gold targets, is situated in the Keith-Kilkenny Tectonic Zone (KKTZ), a structural corridor that is host to such significant deposits as Thunderbox and Tarmoola.
The project area comprises approximately 25 square kilometers of the Yilgarn Craton in the south-eastern part of Western Australia. Access is via the Leonora-Laverton road east from Leonora, and then by bush tracks. Tenure covers open scrub and brush land, with moderate outcrop in the central and southern parts of the project area. The remainder of the project is covered by transported sediments including those associated with an active drainage system.

Figure 1: Tenement summary plan

Figure 2: Project location plan
pROJECT HIGHLIGHTS
- Located near Leonora in WA, contains small historic mine Sundat
- High-grade vein RC targets with high-grade drill intersections
- Extremely high grade rocks chips returned from southern end of Sundat pit (42.2, 44.1 and 62.1 g/t gold)
- Similarities to the Raleigh and Wattle Dam deposits of the Eastern Goldfields
| Hole |
AMGN |
AMGE |
From (m) |
To (m) |
Thickness* |
Grade (ppm Au) |
| MSAC035 |
|
|
51 |
56 |
5 |
3.53 |
| MSAC299 |
|
|
65 |
69 |
4 |
7.59 |
| |
including |
|
65 |
66 |
1 |
26.33 |
| MSAC339 |
|
|
42 |
49 |
7 |
4.84 |
| |
including |
|
42 |
43 |
1 |
13.15 |
| |
and |
|
45 |
46 |
1 |
16.30 |
| MSRCH003 |
|
|
68 |
71 |
3 |
7.32 |
| |
including |
|
68 |
69 |
1 |
20.80 |
Table 1: Significant intersections from Air Core drilling1
*Note: Thicknesses are down hole, true thickness unknown
ADVANCED PROJECT WITH DRILL READY TARGETS
The Company considers the Sunday Project to be an mid-staged project with drill-ready targets. The exploration model for the project area is targeting narrow high-grade vein lode deposits. While exploration drilling has been conducted throughout the tenement area, the existing transported cover has meant that the target within fresh Archaean bedrock has only been tested to any significant depth by the 17 Reverse Circulation holes drilled in 2005.
Significant gold intercepts publicly released or provided by Hannans Reward from the Mt Stewart tenements are summarised in Table 1 (No verification has currently been completed by the Company).
Two high priority drill ready targets have been identified within the project area:
- The first of these is within the Sundat pit area (Figure 3), where gold mineralisation remains open along strike and at depth. Most testing is limited to 30m to 35m depth, with the deepest intersection only 51m below surface. Evaluation of this project to date does not appear to have considered the structural controls on the mineralisation at Sundat pit, and three-dimensional structural analysis has been undertaken by Triton Gold to identify potential extensions or repetitions of the high-grade mineralisation.
- The second area within the Mount Stewart tenements that requires further exploration comprises two targets identified by Triton Gold based on positive results from lithogeochemistry and AC and RC drilling (Figure 4).
RC drilling of the priority targets is anticipated to be completed in the June/July 2009.
PROJECT STATUS
The Company has completed a detailed field assessment program at the Sunday project during which a structural assessment of the historic Sundat small scale open-pit at the North-western end of the property was completed. 13 rock chip samples were collected within the area of the pit and these have returned high grade results including 42.2, 44.1 and 62.1 g/t gold, with strong repeat sample correlation. The results occur in the southern portion of the pit in vein arrays which appear to continue along strike into the wall at the end of the pit area, where limited historic drill testing has occurred.

Figure 3: Photographs from the Sundat pit, indicating the approximate location of two of the high grade rock chip samples

Figure 4: Magnetic image of the Mt Stewart tenements showing maximum gold in hole values, and RC drilling targets
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