Country Australia 
Province New south wales
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Risk and valuation analysis of the DELUNGRA Project
Status Risk : Green exploration
Country Risk : Very Low
Title(s) of the DELUNGRA Project
Malachite Resources NL
Owner: 100%
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Location of the DELUNGRA Project
Delungra is grass roots exploration project taken up by the Company in 2007. The tenement is located 40km west of Inverell and covers a granite body whose geochemical and radiometric signatures are quite similar to those of the Gilgai Granite, which hosts the Conrad Silver Mine, 20km south of Inverell.
Geology of the DELUNGRA Project
For much of its extent the granite at Delungra is covered by a thin veneer of Tertiary basalt. Several mineral occurrences are known in the exposed granite areas and Malachite believes that the Delungra area has potential to host a blind, polymetallic silver deposit, similar to Conrad, beneath the basalt areas.
Exploration and drilling
9/7/2009Drilling to commence at Delungra
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