GEOLOGICAL ANALYSIS OF KORIFI'S MINERALISATION-edited

www.geoscopio.
gr
Contents
1. INTRODUCTION - PROJECT DESCRIPTION & INFORMATION 2

2. PORPHYRY COPPER SYSTEM 3
3. GEOLOGICAL DESCRIPTION OF THE WIDER AREA 6
4. GEOLOGICAL DESCRIPTION OF THE AREA OF INTEREST-ANALYSIS 7
4.1. GEOMORPHOLOGICAL OBSERVATIONS 7
4.2. MINERALOGICAL ANALYSIS ON SELECTED SAMPLES FROM THE KORYFI AREA 8
4.3. PRELIMINARY RESULTS ON THE MINERALOGY OF THE HYDROTHERMAL ALTERED
ZONES IN KORYFI AREA 8
4.4. DISCUSSION ON MINERALOGICAL EVIDENCES 11
4.5. DISCUSSION ON PRELIMINARY EVIDENCES OF PORPHYRY SYSTEM GENESIS AND
METALLOGENESIS 13
4.6. RARE EARTHS AND OTHER COMMODITIES 14
5. FUTURE PLANS 15
APPENDIX 16
1
www.geoscopio.gr
1. INTRODUCTION - PROJECT DESCRIPTION & INFORMATION

The purpose of this document is to list all the scientific evidence that will draw
conclusions for the mineralization of the study area, which is a Porphyry Cu System.
The study area is located at the Prefecture of Kilkis, central Macedonia, northern
Greece and has an expanse of 9.884 km2 (quadrilateral shown below).
It is conveniently situated at a distance of only one hour’s drive (75 km) from
Thessaloniki, the second largest city in Greece, with harbor, airport and railway facilities
and major highway links (see the picture below).
Regarding to the existing infrastructure, there is a very good network of forest

roads that have recently been resurfaced, most of which are 4-6 m wide. Supply of
2
www.geoscopio.gr
electricity and water exists throughout the area. In the entire district, only Lake Kerkini is
protected by NATURA 2000 and the Ramsar Convention on Wetlands.
2. PORPHYRY COPPER SYSTEM

Porphyry Cu systems host some of the most widely distributed mineralization
types at convergent plate boundaries, including porphyry deposits centered on
intrusions; skarn, carbonate-replacement, and sedimenthosted Au deposits in
increasingly peripheral locations; and superjacent high- and intermediate-sulfidation
epithermal deposits. The systems commonly define linear belts, some many hundreds of
kilometers long, as well as occurring less commonly in apparent isolation. The systems
are closely related to underlying composite plutons, at paleodepths of 5 to 15 km, which
represent the supply chambers for the magmas and fluids that formed the vertically
elongate (>3 km) stocks or dike swarms and associated mineralization. The plutons may
erupt volcanic rocks, but generally prior to initiation of the systems. Commonly, several
discrete stocks are emplaced in and above the pluton roof zones, resulting in either
clusters or structurally controlled alignments of porphyry Cu systems. The rheology and
composition of the host rocks may strongly influence the size, grade, and type of
mineralization generated in porphyry Cu systems. Individual systems have life spans of
~100,000 to several million years, whereas deposit clusters or alignments as well as
entire belts may remain active for 10 m.y. or longer.
The alteration and mineralization in porphyry Cu systems, occupying many cubic
kilometers of rock, are zoned outward from the stocks or dike swarms, which typically
comprise several generations of intermediate to felsic porphyry intrusions. Porphyry Cu
± Au ± Mo deposits are centered on the intrusions, whereas carbonate wall rocks
commonly host proximal Cu-Au skarns, less common distal Zn-Pb and/or Au skarns, and,
beyond the skarn front, carbonate-replacement Cu and/or Zn-Pb-Ag ± Au deposits,
and/or sediment-hosted (distal-disseminated) Au deposits. Peripheral mineralization is
less conspicuous in noncarbonate wall rocks but may include base metal- or Au-bearing
veins and mantos. High-sulfidation epithermal deposits may occur in lithocaps above
porphyry Cu deposits, where massive sulfide lodes tend to develop in deeper feeder
structures and Au ± Ag-rich, disseminated deposits within the uppermost 500 m or so.
Less commonly, intermediate sulfidation epithermal mineralization, chiefly veins, may
develop on the peripheries of the lithocaps. The alteration-mineralization in the
porphyry Cu deposits is zoned upward from barren, early sodic-calcic through potentially
ore-grade potassic, chlorite-sericite, and sericitic, to advanced argillic, the last of these
constituting the lithocaps, which may attain >1 km in thickness if unaffected by
significant erosion. Low sulfidation-state chalcopyrite ± bornite assemblages are
characteristic of potassic zones, whereas higher sulfidation-state sulfides are generated
progressively upward in concert with temperature decline and the concomitant greater
degrees of hydrolytic alteration, culminating in pyrite ± enargite ± covellite in the
shallow parts of the lithocaps. The porphyry Cu mineralization occurs in a distinctive
sequence of quartz-bearing veinlets as well as in disseminated form in the altered rock
between them. Magmatic-hydrothermal breccias may form during porphyry intrusion,
with some of them containing high-grade mineralization because of their intrinsic
permeability. In contrast, most phreatomagmatic breccias, constituting maar-diatreme
systems, are poorly mineralized at both the porphyry Cu and lithocap levels, mainly
because many of them formed late in the evolution of systems.
3
www.geoscopio.gr
Porphyry Cu systems are initiated by injection of oxidized magma saturated with

S- and metal-rich, aqueous fluids from cupolas on the tops of the subjacent parental
plutons. The sequence of alteration-mineralization events charted above is principally a
consequence of progressive rock and fluid cooling, from >700° to <250°C, caused by
solidification of the underlying parental plutons and downward propagation of the
lithostatichydrostatic transition. Once the plutonic magmas stagnate, the high-
temperature, generally two-phase hypersaline liquid and vapor responsible for the
potassic alteration and contained mineralization at depth and early overlying advanced
argillic alteration, respectively, gives way, at <350°C, to a single-phase, low- to
moderatesalinity liquid that causes the sericite-chlorite and sericitic alteration and
associated mineralization. This same liquid also causes mineralization of the peripheral
parts of systems, including the overlying lithocaps. The progressive thermal decline of
the systems combined with synmineral paleosurface degradation results in the
characteristic overprinting (telescoping) and partial to total reconstitution of older by
younger alteration-mineralization types. Meteoric water is not required for formation of
this alteration-mineralization sequence although its late ingress is commonplace.
Many features of porphyry Cu systems at all scales need to be taken into account
during planning and execution of base and precious metal exploration programs in
magmatic arc settings. At the regional and district scales, the occurrence of many
deposits in belts, within which clusters and alignments are prominent, is a powerful
exploration concept once one or more systems are known. At the deposit scale,
particularly in the porphyry Cu environment, early-formed features commonly, but by
no means always, give rise to the best orebodies. Late-stage alteration overprints may
cause partial depletion or complete removal of Cu and Au, but metal concentration may
also result. Recognition of single ore deposit types, whether economic or not, in
porphyry Cu systems may be directly employed in combination with alteration and
metal zoning concepts to search for other related deposit types, although not all those
permitted by the model are likely to be present in most systems. Erosion level is a
cogent control on the deposit types that may be preserved and, by the same
token, on those that may be anticipated at depth. The most distal deposit types at all
levels of the systems tend to be visually the most subtle, which may result in their being
missed due to overshadowing by more prominent alteration-mineralization.
4
www.geoscopio.gr
(RICHARD H. SILLITOE:Porphyry Copper Systems2010)
(RICHARD H. SILLITOE:Porphyry Copper Systems2010)
5
www.geoscopio.gr
3. GEOLOGICAL DESCRIPTION OF THE WIDER AREA

The principal mountain ranges of mainland Greece form part of the Dinarotauric
arc, a branch of the Alpine orogenic system. The region comprises remnant fragments
of the Aegeis landmass. The arc can be subdivided into a series of northwest-trending,
linear zones broadly
coincident with the
main mountain
ranges. The zones
represent successive
subduction episodes
resulting from the
northeast movement
of the African plate in
the Jurassic to Eocene
period and form
distinctive structural
units separated by
thrusts or transitional
zones. In Northern
Greece, the Rhodope
and Serbo-
Macedonian massifs
represent the
backland beneath
which the African
plate was subducted.
The massif formed an
emergent area during
the Alpine Orogeny
and comprises a complex metamorphic terrain, previously affected by the Variscan
Orogeny and earlier events;
The Serbo-Macedonian massif (SMM) is a large, elongate basement complex in
the Internal Hellenides, which stretches from Serbia to the Chalkidiki Peninsula in
northern Greece. It comprises schists that are often mineralised and intruded by
Variscan granites and hosts the Kassandra mining area which comprises the Skouries
gold-copper porphyry and the Stratoni and Olympias massive sulphide deposits (these
deposits are under Eldorado Gold Corporation operation). Successive subduction events
were accompanied by volcanism and arc-type plutonic igneous intrusions.
SMM is subdivided into two units (Kockel et al., 1977; Burg et al., 1995): The
extensive Vertiskos Unit in the centre and west and the much smaller Kerdillion Unit in
the east. The area of interest is located in the Vertiskos Unit. The principal rock types of
the Vertiskos Unit are orthogneisses. The degree of deformation varies strongly. In
places, the precursor rock, a medium-grained porphyritic biotite granite is preserved.
The Vardar zone comprises a complex belt with ophiolites, rhyolites, limestone
and flysch, intruded by Eocene granitic rocks and lies immediately southwest of the
Serb-Macedonian massif.
6
www.geoscopio.gr
4. GEOLOGICAL DESCRIPTION OF THE AREA OF INTEREST-ANALYSIS

The area of interest comprises granitic gneisses with intercalations of
amphibolites, fewer garnet-mica-kyanite schists and rarely marbles. Sheets of partially
to totally serpentinized peridotite (mainly dunite and harzburgite) are thrust on top of
the basement units. The entire sequence is intruded by cogenetic plutonic and volcanic
rocks of Tertiary age (mostly Early Miocene; 22-17 Ma). Compositionally, the volcanic
rocks are intermediate to acid. Prevailing rock types are dacite and rhyolite, whereas
andesitic and latitic lithologies also occur. The plutonic rocks are dominated by quartz
monzonite, syenite porphyry and granodiorite porphyry varieties. Both plutonic and
volcanic rocks show extensive hydrothermal alteration and mineralization.
Join exploration by the Greek and German geological surveys conducted
between 1971 and 1975 resulted in classifying the above volcano-plutonic system and
related alteration-mineralization features as a typical porphyry copper system with
epithermal gold mineralization. Gold values of up to 12 gr/ton have been reported
associated with hydrothermally altered tuffs and breccias, thus underscoring the
economic importance of the area (source: Kerkini sheet map 1:50,000; Greek Institute of
Geology and Mineral Exploration, 2005). Placer gold grains carried by brooks draining
the slopes of the volcanic stocks and deposited in stream sediments at their foothills
contain 85.3 wt.% gold and 14.1 wt.% silver, thereby emphasizing the gold potential of
the area under consideration. Magnetite (partly martitized) and sulphides were
identified, among others, as main opaque minerals in the heavy fraction of the
sediments.
Furthermore there was implemented a primary research which was driven in the
same conclusions as above and the results of the chemical analysis of samples (sampling
1) are shown in the appendix. Those samples are also presented on the map “GEOLOGY
& SAMPLING”.
4.1. Geomorphological observations

The main body of the porphyry system covers an extent of a hill with 300-450 m
elevation. In the east of the hill a valley with alluvial deposits (kind of graben) is situated. The
valley is extended with north, north-west to south, south-east orientation and that
orientation coincides with the major faults in the area. The valley floor is covered with
pleistocene deposits, whereas outcrops of minerals of alteration zones with several oxides
were observed. The neotectonics in the area created mainly a complex terrain with
prevailing faulting orientation NW-SE and NE-SW (Psilovikos, 1984), which has probably
influence the porphyry system in Koryfi area. In addition the emplacement age of the Koryfi
porphyry system is older than that of skouries porphyry system which enhances the idea of
the strong neo-tectonic influence (Frei , 1995). Thus part of the Koryfi porphyry system
consist of an uplift hill (kind of horst), whereas part of the area consist a depressed section
(kind of graben). The uplift area has been probably undergone through strong erosion
whereas the lower areas have been protected from such effects. The Pleistocene glacial
period has influenced the area as described by Zagorchev (2007) and uplifted areas have
been intensively eroded.
7
www.geoscopio.gr
4.2. Mineralogical analysis on selected samples from the Koryfi area

The sampling of the area was contacted based on previous field analysis conducted
in the area. The sampling was applied as to capture some of the main alteration zones, to
describe preliminary the geometry of the zones and conceptualize the geologic and tectonic
genesis of the porphyry system. The samples collected in the main magmatic body
(monzonite) and its periphery which extended up to 200-300 meters.
Fifteen samples were analyzed for qualitative mineralogy, whereas internal standard
corundum was used for quantitative analysis. The error identified was ranged from 1 to 9%.
Eva and TOPAS software from DiffracPlus were applied for the qualitative and quantitative
mineralogical analysis respectively.
4.3. Preliminary results on the mineralogy of the hydrothermal altered

zones in Koryfi area
The results organized such as to identify alteration zones and the subvolcanic
magmatic rock (porphyry). Not
all samples presented since
some of them exhibited
identical mineralogy.
The mineralogical
analysis exhibited four
different areas (zones) of
lithological variety as it is
depicted in figure 1. The first
(number 1) consists of the
porphyry itself (pink color
segment: number 1) and the
mineralogy of the samples Eks
15 and Eks 3 with values of
mineral content in percentage
are shown in figure 2.
Fig 1: Geological map of the

Koryfi area with the
boundaries of the survey
authorised area
Brown color is gneiss, Yellow
and white are alluvial deposits.
The coloured segments depict
areas of mineralogical analysis
8
www.geoscopio.gr
Eks 15
Eks 3
1.4
0.6 0.5
2.5 4.6
12.2
Quartz 28.5
Albite
Quartz
Orthoclase
Orthoclase
Pyrite
Albite
46.6 Chalcopyrite
44.3
Hematite
Biotite 1M Mica
59.2
Fig 2: Mineralogy of samples Eks 15,

Eks 3 porphyry (segment 1, Eks 15: monzonite, Eks 3: quartz monzonite).
Area number 2 (a, b, c) consists mainly of alteration minerals with high content of
orthoclase (potassic feldspars) and the mineralogy is shown in figure 3 and figure 4. The
orange segmenet a, b, c are probably related to potassic alteration zone. It is noteworthy to
mention the presence of sericite and albite (Eks 12a, b) within the potassic alteration zone
which is probably connected with overprint later alteration in the potassic zone. The same
mineralogical constituents are observed also in all three orange segments (a, b, c) where
orthoclase predominates and followed by albite and sericite. Samples in segment 2c shows
that sericite has been increased compared to the other segments (2a,b) and this probably
related with higher phyllic alteration (samples Eks 14, Ko 19, Figure 4). The same segment 2c
exhibited also high Au content (3,4 g/t).
2 2 3 5
5
Ko 78
24 Eks 12a
Quartz Quartz
Orthoclase Orthoclase
Hematite Albite
Pyrite
Biotite 1M Mica
88
71
Eks 12b
1
13
30 Quartz
Orthoclase
13
Albite
sericite Fig 3: Percentage mineral content Ko 78,
Montmorillonite
Eks 12a, Eks 12b (segment 2a,b,c).
42
9
www.geoscopio.gr
Eks 14 Ko 19
7.4 8.3 5
8.0 21
Quartz Quartz
1.4
Orthoclase Albite
Enargite 3 Montmorillonite
pyrite 38 sericite
2
23.5 Sericite Orthoclase
50.1 Montmorillonite pyrite
Albite
30
Biotite 1M Mica
0.1
1.2
Fig 4: Percentage mineral content Eks 14, Ko 19. (High content of Au observed in these
samples segment 2c)
The green segment (3a, b) in figure 3 represents an area where albite and sericite
predominates. It extend around segment 2 (a,b,c) and probably depicts a mix zone of calcic
and phyllitic alteration, and that is probably related with an overprint of phyllitic alteration
over deep parts of the porphyry system. Figure 4 shows samples from segment 3. Figure 4
exhibits sample from segment 3 area.
Eks 2b Eks 1
18.687 19
Quartz Quartz
40.848
Albite 47 Albite
sericite sericite
34
29.668
Eks 8
1.2
29.3
Quartz
46.6
Albite
sericite
Montmorillonite
22.9
Fig 5: Percentage mineral content Eks2b, Eks 1, Eks 8 (segment 3a,b respectively).
Blue segment in figure 1 (number 4) exhibited solely high quartz content with metal
oxides like magnetite and hematite. This area exhibits differences in mineralogy compared
to other areas and that is shown in figure 6. Sample Ko 15 (figure 6) shows high quartz
content and illite content and there is high content of magnetite and hematite. The blue
segment area shows similarities with a zone of acidity and high oxidation state.
10
www.geoscopio.gr
Ko 15
22
1 Quartz
Magnetite
7 58 Hematite
Pyrite
11 Illite
Fig 6 : Percentage mineral content Ko 15.
4.4. Discussion on mineralogical evidences

The porphyry rock that is identified in area 1 exhibited evidences of fresh
unalterated quartz monzonite (pink segment number 1-figure 1). In the vicinity of this area
orange segments (number 2 a, b, c-figure 1) a potassic alteration zone was evident due to
increase of orthoclase (potassic feldspar), whereas other minerals like quartz and sericite
may be products of an overprinting of lower temperature alteration. Indeed in the period of
The area with the green segments (Figure 1) showed increase of minerals like sericite and
clays and the concomitant presence of albite which depict lower temperature alteration
zones over a sodic calcic alteration zone (Sillitoe 2010). The aforementioned evidences show
that the area with pink and orange segments depicts the “heart” of the porphyry system.
The blue segment in figure 3 showed high percentage of quartz and metal oxides like
magnetite, hematite (Figure 7). This area shows possible higher parts in the porphyry
system. In addition, the adjacent orange segment 2c exhibited higher percentage of sericite
compare to other orange segments (a, b) which is probably connected with preserve higher
parts of the alteration zones of the porphyry system. The previous does not fit with the
geometry of the “heart” of the porphyry system. Geomorphologically speaking the blue
segment area is in lower elevation within the valley (graben) compared to the “heart” of the
porphyry system (pink, orange segments). In addition the area where the blue segment and
the orange segment c situated is a valley filled with pleistocene sediments. A numerous
faults exist in the area and specifically many with north-west to south-east direction which
have influenced also the depression and creation of the valley in our study area. Thus a
proposed initial conceptual model could be summarized in the schematic graph below
(Figure 7). The Koryfi hill represents the heart of the porphyry system and the higher parts of
this system have been eroded and transported downriver the valley floor (with precious
metals too). However the valley around Gavra village represents probably a depression area
were porphyry system has not been eroded and higher parts of the alteration zones with
high sulphidation minerals have been preserved (Figure 8). The aforementioned area
showed the higher concentrations of Au and Cu. The current short study show that the
valley floor can be characterized as “hot spot” and excavation of numerous shallow pits for
11
www.geoscopio.gr
sampling is recommended for identification of the veins were metals have been
precipitated.
Figure 7. Conceptual schematic diagram at Koryfi area and the porphyry system
Figure 8 The porphyry system in Koryfi area
12
www.geoscopio.gr
4.5. Discussion on preliminary evidences of porphyry system genesis and

metallogenesis
Indeed the area around the pottasic alteration zone is the heart of the porphyry
system since barren quartz veins were identified in the area which have been observed in
the potassic alteration zones. Moreover the albite presence in the surrounding area depicts
also deep parts of the porphyry system. Breccia was also identified in the same area. The
potassic alteration zone is associated with high temperature alteration (500-700ºC) and high
depth (~1km) which is associated mostly with limited Cu deposition. Normally low
sulphidation system is associated with this part of the porphyry system. Mainly pyrite and
other minerals like sphalerite, arsenopyrite are associated with low-sulphidation system. In
our case mainly pyrite was identified in the segment 1 (Figure 1) and Segment 2 (Figure 1). In
the periphery of segment 2, segment 3 is also parts of the deep porphyry system (probably
sodic-calcic alteration) and consist probably a lateral evolution of the porphyry system. The
most abundant metallic component on those areas was pyrite with no evidences of high Cu
and Au.
The area of the 2c segment shows higher content of Cu where minerals like pyrite
and enargite identified. Apart the orthoclase content we have an increase of sericite
compared to segments 2b, 2c which is probably the most altered higher part of the system
where high sulphidation conditions have been predominated. In the same area high
concentrations of Au identified. The same conclusion drawn for segment 4 (blue in figure 1)
where mineralogy has been changed into components prevailed in an acidic and oxidized
environment (Sillitoe 2010, Taylor 2007), like quartz, illite, magnetite, hematite. The
aforementioned area is not a lateral part of the porphyry system, instead tectonism has
preserve parts of the higher alteration zones. Those areas of high sulphidation exhibited high
potential of high precious metals.
Fig 10
13
www.geoscopio.gr
4.6. Rare Earths and other commodities

Except gold and silver, other important commodities are also present in significant
amounts including: light rare earths (397 g/t on average; 605 g/t in selected samples),
barium (2000 g/t on average; 3000 g/t in selected samples), lithium (54 g/t on average; 208
g/t in selected samples), uranium (20 g/t on average; 61 g/t in selected samples) and
thorium (42 g/t on average; 58 g/t in selected samples). Gold is hosted mainly in pyrite,
barium in barite, silver occurs as native metal and light rare earths are hosted in monazite.
The hosts of uranium, thorium and lithium have not been identified as yet, although the
former two are most probably hosted in monazite. REE tend to concentrate also in placers,
that means in places where weathered heavy products of igneous rocks like porphyry
systems are accumulated. In our case the sediments in the valley floor have to be evaluated
in the case of such placers. China currently (2010) accounts for about 96 percent of global
rare earth elements production. Of a total production of 120,000 metric tons, about 55,000
metric tons was produced as a byproduct of the Bayan Obo iron mine (USGS 2010). The
possibility of the REE by-product should be investigated also at Koryfi area.
Other commodities occurring within the confines of the above definitive concession
are talc (steatite), anthophyllite asbestos, vermiculite and quartz. The first three are
associated with the serpentinized peridotite thrust sheets present in the area which occupy
a surface of 1.5 km2. The last one mainly occurs as veins cutting through the crystalline
basement, the thickness of which often exceeds 1 m. Ultra-clear (translucent) quartz veins,
about 0.4-0.6 m thick have also been observed associated with the volcanic rocks.
14
www.geoscopio.gr
5. FUTURE PLANS
Continuing the process of exploration for gold deposits, we are planning the
following step, which is the elaborate identification of gold bearing zones:
This is done by collecting rock chip samples from favourable locales for gold
mineralization while preparing the geological map of the area. If the rocks are not exposed,
geochemical methods like stream sediment sampling, soil sampling can be adopted to
identify gold anomalous areas. Similarly geophysical methods can be deployed to locate any
conductive or magnetic bodies below the soil cover. These targets will be explored by
trenching and rock-chip sampling. Sample on lines spaced at 100 to 400m for the first pass,
with sample spacing along the lines of around 50 or 100m. Any significant anomalies
detected in this manner can be further tested with more closely spaced lines.Depending on
the sampling results the target areas are demarcated for detailed sampling in three
dimensions.
Samples will be sent for mineralogical and chemical analysis in certified lab.
---------------------------------------------------------------------------------------------------------------------------
The geological research and the analysis were implemented by the researchers
Geologists:
Marily Xigaki, Geologist – GIS expert & Dr Daniel Moraetis, Geologist – Geochemist
Experienced in Copper Gold Porphyry open pit (TVX GOLD INC-HELLAS GREEK GOLD -
SKOURIES PROJECT – EXPLORATION DEPT. North Greece-Chalkidiki) and
Geochemistry Lab. of Technical University of Crete in mineralogical and chemical
analysis.
15
www.geoscopio.gr
Appendix
16
www.geoscopio.gr
Results from the “sampling 1” analysis

ACME ANALYTICAL LABORATORIES LTD. Final Report
Client: University of Athens
File Created: 14-Dec-2011
Job Number: VAN11005963
Number of Samples: 30
Project: epithermal Au in volcanics
Shipment ID: Hellenic Post
P.O. Number: Z-064324#
Received: 02-Nov-2011
Method WGHT G6 G6 G6 1T 1T 1T 1T 1T 1T
Analyte Wgt Au Pt Pd Mo Cu Pb Zn Ag Ni
Unit KG GM/T GM/T GM/T PPM PPM PPM PPM PPB PPM
MDL 0,01 0,01 0,01 0,01 0,05 0,02 0,02 0,2 20 0,1
Sample Type Au Pt Pd Mo Cu Pb Zn Ag Ni
oxide veins 003 Rock 0,39 0,23 <0.01 <0.01 4,12 165,98 111,21 331,5 1284 160,1
porphyry 004 Rock 0,33 <0.01 <0.01 2,47 12,15 5,01 6,6 29 3,3
oxide veins 007 Rock 0,34 <0.01 <0.01 4,75 70,79 33,62 783,2 114 1847,1
porphyry 011 Rock 0,29 0,03 <0.01 <0.01 34,42 874,23 40,77 49,8 1263 25,7
oxide veins 014 Rock 0,84 0,23 <0.01 <0.01 129,08 1620,39 116,55 185,2 1342 94,4
oxide veins 015 Rock 0,52 0,52 <0.01 0,03 49,01 986,23 88,21 159,4 1900 77,4
sulfides and oxides 019 Rock 0,59 3,41 <0.01 <0.01 >4000.00 3042,08 629,33 52,8 7990 14,3
porphyry 020 Rock 0,62 0,19 <0.01 <0.01 289,53 564,71 95,88 56,1 760 5,6
porphyry 022 Rock 0,45 0,07 <0.01 <0.01 95,85 220,63 141,3 274 20,6
porphyry 027 Rock 0,43 0,02 <0.01 <0.01 9,64 2,79 49,22 2,0 320 11,4
porphyry 028 Rock 0,51 0,04 <0.01 <0.01 23,67 29,58 89,64 1,7 352 6,0
porphyry 030 Rock 0,72 0,03 <0.01 <0.01 8,01 11,02 62,06 2,8 426 11,7
potassium alteration 035 Rock 0,42 <0.01 <0.01 22,44 13,89 30,98 3,6 313 2,4
potassium alteration 036 Rock 0,57 0,01 <0.01 <0.01 2,55 32,82 109,93 5,6 93 1,9
potassium alteration 052/1 Rock 0,45 0,03 <0.01 <0.01 479,53 31,87 55,35 3,0 245 0,8
Stream Sediments 107 Stream Sediments
2,25 <0.01 <0.01 7,96 49,39 39,40 23,0 50 28,1
17
www.geoscopio.gr
ACME ANALYTICAL LABORATORIES LTD.

Method 1T 1T 1T 1T 1T 1T 1T 1T 1T 1T
Analyte Co Mn Fe As U Au Th Sr Cd Sb
Unit PPM PPM % PPM PPM PPM PPM PPM PPM PPM
MDL 0,2 2 0,02 0,2 0,1 0,1 0,1 1 0,02 0,02
Sample Type Co Mn Fe As U Au Th Sr Cd Sb
oxide veins 003 Rock 0,8 1110 8,35 3,3 13,7 0,1 47,0 196 0,02 3,32
porphyry 004 Rock 2,3 61 1,46 25,8 0,9 <0.1 2,6 7 0,04 0,76
oxide veins 007 Rock 176,0 >10000 16,46 2,9 8,7 <0.1 2,0 58 0,29 0,48
porphyry 011 Rock 16,7 844 3,15 7,0 51,0 <0.1 29,7 246 0,11 1,82
oxide veins 014 Rock 16,8 897 34,33 13,0 97,0 0,3 9,9 43 0,18 8,53
oxide veins 015 Rock 13,7 576 30,76 4,1 72,1 0,6 4,8 44 0,15 7,13
sulfides and oxides 019 Rock 11,3 252 9,12 42,7 53,1 13,4 91,5 1145 <0.02 6,09
porphyry 020 Rock 3,8 197 3,34 5,8 60,5 0,1 43,8 1112 <0.02 1,22
porphyry 022 Rock 13,6 465 12,98 6,7 33,8 0,1 54,7 961 0,51 1,32
porphyry 027 Rock 11,1 41 3,95 13,1 13,8 <0.1 53,3 182 0,08 0,46
porphyry 028 Rock 8,5 43 2,29 1,5 11,6 <0.1 47,0 281 0,09 0,64
porphyry 030 Rock 13,6 22 2,46 17,9 21,5 <0.1 51,7 360 0,06 0,76
potassium alteration 035 Rock 0,4 69 3,14 19,8 6,1 <0.1 14,9 182 0,04 1,10
potassium alteration 036 Rock 0,4 40 3,12 11,2 5,0 <0.1 16,1 219 <0.02 0,91
potassium alteration 041 Rock <0.2 21 2,28 18,0 17,2 <0.1 50,5 36 0,20 6,87
potassium alteration 044 Rock 0,3 22 7,48 5,8 11,2 0,3 41,7 42 0,11 0,97
potassium alteration 052/1 Rock 0,3 26 3,64 2,3 10,4 <0.1 17,3 784 0,03 0,34
potassium alteration 101 Rock 2,3 27 6,03 67,9 8,5 0,2 57,8 140 0,05 4,96
10,7 427 2,57 15,5 4,0 <0.1 11,5 152 0,06 1,33
18
www.geoscopio.gr

Analyte Bi V Ca P La Cr Mg Ba Ti Al
Unit PPM PPM % % PPM PPM % PPM % %
MDL 0,04 1 0,02 0,001 0,1 1 0,02 1 0,001 0,02
Sample Type Bi V Ca P La Cr Mg Ba Ti Al
oxide veins 003 Rock 9,92 287 0,09 0,174 364,3 2451 3,92 355 0,172 2,28
porphyry 004 Rock 0,78 4 <0.02 0,004 31,3 3 0,04 46 0,003 0,09
oxide veins 007 Rock 0,81 90 0,04 0,026 48,1 8031 0,16 258 0,017 0,15
porphyry 011 Rock 3,96 162 0,09 0,073 373,1 59 1,92 1249 0,277 6,50
oxide veins 014 Rock 3,94 1855 0,03 0,025 63,7 10 0,90 161 0,214 0,47
oxide veins 015 Rock 3,81 1733 0,03 0,009 46,7 30 0,60 429 0,167 0,34
sulfides and oxides 019 Rock 9,46 121 0,28 0,316 1450,0 11 1,12 502 0,212 6,54
porphyry 020 Rock 6,57 259 0,14 0,056 98,7 14 0,93 4138 0,378 7,54
porphyry 022 Rock 140,69 141 0,27 0,309 154,7 13 1,27 2514 0,322 7,21
porphyry 027 Rock 2,67 23 0,02 0,027 57,7 9 0,03 76 0,063 6,14
porphyry 028 Rock 5,77 36 <0.02 0,029 69,2 10 0,03 184 0,106 7,02
porphyry 030 Rock 4,71 28 0,05 0,060 108,9 10 0,04 192 0,175 7,48
potassium alteration 035 Rock 6,58 12 0,03 0,027 49,2 13 0,05 3425 0,046 6,64
potassium alteration 039 Rock 13,17 31 <0.02 0,026 111,0 2 0,04 3168 0,037 7,66
potassium alteration 052/1 Rock 2,90 15 0,03 0,061 17,7 14 0,06 5339 0,021 7,31
potassium alteration 105 Rock 6,25 7 <0.02 0,055 40,4 3 <0.02 6585 0,031 8,33
3,17 62 0,35 0,043 51,6 63 0,43 656 0,197 4,44
19
www.geoscopio.gr

Analyte Na K W Zr Sn Be Sc S Y Ce
Unit % % PPM PPM PPM PPM PPM % PPM PPM
MDL 0,002 0,02 0,1 0,2 0,1 1 0,1 0,04 0,1 0,02
Sample Type Na K W Zr Sn Be Sc S
oxide veins 003 Rock 0,108 2,74 11,9 8,5 7,5 11 8,8 0,92 11,9 498,68
porphyry 004 Rock 0,009 0,05 0,9 0,4 0,1 <1 0,1 0,88 0,7 33,43
oxide veins 007 Rock 0,012 0,07 20,0 2,2 1,5 33 4,9 <0.04 23,7 60,70
porphyry 011 Rock 0,612 3,01 68,9 16,8 7,1 8 6,7 <0.04 32,0 351,44
oxide veins 014 Rock 0,021 0,62 10,5 2,5 14,3 9 10,5 <0.04 10,7 73,28
oxide veins 015 Rock 0,026 0,43 4,7 2,1 8,9 6 7,2 0,08 6,1 46,17
sulfides and oxides 019 Rock 0,650 3,03 21,1 12,8 38,6 11 8,9 0,79 24,5 1505,91
porphyry 020 Rock 0,995 2,86 29,2 19,6 18,1 9 9,9 0,04 11,9 113,36
porphyry 022 Rock 0,787 2,72 14,7 34,0 12,2 10 13,0 <0.04 19,4 178,57
porphyry 027 Rock 2,070 2,89 >200.0 134,6 1,2 2 2,3 4,21 12,9 113,35
porphyry 028 Rock 3,364 3,65 >200.0 182,1 2,5 2 2,4 2,09 14,1 112,31
porphyry 030 Rock 3,137 3,53 42,4 82,0 2,6 6 5,7 2,14 16,6 226,29
potassium alteration 035 Rock 0,578 4,06 14,2 74,1 1,4 1 2,4 0,07 5,7 63,52
potassium alteration 039 Rock 0,525 4,16 45,8 290,4 1,6 2 4,0 <0.04 19,7 153,67
potassium alteration 041 Rock 0,271 3,95 22,4 339,9 4,2 <1 2,6 <0.04 15,7 163,35
potassium alteration 042 Rock 0,251 4,40 28,3 284,1 4,3 1 2,8 <0.04 15,6 179,55
potassium alteration 052/1 Rock 0,673 3,15 11,9 88,6 1,0 1 2,4 0,12 8,3 29,81
potassium alteration 101 Rock 0,452 3,40 >200.0 143,7 2,3 1 2,3 0,11 11,0 41,88
potassium alteration 105 Rock 0,539 5,25 14,2 126,0 1,4 <1 1,1 <0.04 8,6 60,84
1,305 2,46 11,5 11,2 2,3 1 5,4 <0.04 11,4 77,05
20
www.geoscopio.gr

Analyte Pr Nd Sm Eu Gd Tb Dy Ho Er Tm
Unit PPM PPM PPM PPM PPM PPM PPM PPM PPM PPM
MDL 0,1 0,1 0,1 0,1 0,1 0,1 0,1 0,1 0,1 0,1
Sample Type
oxide veins 003 Rock 31,5 72,4 7,5 1,3 5,1 0,6 3,1 0,4 1,2 0,1
porphyry 004 Rock 2,1 5,6 0,5 0,1 0,4 <0.1 0,2 <0.1 <0.1 <0.1
oxide veins 007 Rock 5,3 18,8 3,1 0,7 3,0 0,4 2,9 0,6 1,8 0,3
porphyry 011 Rock 21,8 59,4 6,4 1,5 5,2 0,9 5,1 1,1 3,6 0,5
oxide veins 014 Rock 5,8 18,9 2,7 0,7 2,0 0,3 1,9 0,4 1,3 0,2
oxide veins 015 Rock 3,4 10,6 1,5 0,4 1,0 0,2 1,2 0,2 0,8 0,1
sulfides and oxides 019 Rock 98,1 279,1 28,9 4,9 12,8 1,8 7,3 0,9 2,4 0,3
porphyry 020 Rock 10,0 31,6 4,6 0,8 3,3 0,4 2,6 0,5 1,5 0,3
porphyry 022 Rock 15,0 45,5 6,2 1,3 4,7 0,6 3,9 0,7 2,2 0,3
porphyry 027 Rock 12,9 48,3 8,1 1,6 5,8 0,6 3,5 0,5 1,4 0,2
porphyry 028 Rock 12,3 43,7 7,0 1,2 4,3 0,5 2,7 0,5 1,4 0,3
porphyry 030 Rock 26,0 106,1 15,8 3,5 9,5 1,1 4,4 0,5 1,4 0,2
potassium alteration 035 Rock 6,0 18,6 2,6 0,3 1,9 0,2 1,1 0,2 0,5 <0.1
potassium alteration 039 Rock 14,3 42,8 5,7 0,8 3,3 0,6 3,1 0,6 2,0 0,4
potassium alteration 052/1 Rock 3,3 11,4 2,0 <0.1 1,8 0,2 1,4 0,3 1,0 0,2
potassium alteration 101 Rock 3,9 13,5 2,1 <0.1 1,7 0,3 1,9 0,4 1,3 0,2
potassium alteration 105 Rock 5,8 18,3 2,7 <0.1 2,2 0,3 1,5 0,3 0,8 0,1
Stream Sediments 107 Stream Sediments7,5 25,6 4,3 0,7 3,1 0,5 2,5 0,4 1,2 0,2
21
www.geoscopio.gr

Method 1T 1T 1T 1T 1T 1T 1T 1T 1T
Analyte Yb Lu Hf Li Rb Ta Nb Cs Ga
Unit PPM PPM PPM PPM PPM PPM PPM PPM PPM
MDL 0,1 0,1 0,02 0,1 0,1 0,1 0,04 0,1 0,02
Sample Type
oxide veins 003 Rock 1,0 0,2 0,25 634,7 412,0 0,2 3,55 22,5 20,08
porphyry 004 Rock <0.1 <0.1 <0.02 9,5 6,1 <0.1 0,14 0,3 0,37
oxide veins 007 Rock 1,9 0,4 0,04 16,8 5,5 <0.1 1,08 0,8 1,35
porphyry 011 Rock 3,9 0,6 0,47 158,2 207,0 0,6 16,35 11,1 25,11
oxide veins 014 Rock 1,6 0,3 0,10 178,8 111,1 0,2 13,25 6,2 9,80
oxide veins 015 Rock 1,1 0,2 0,07 122,0 75,9 0,2 9,42 3,9 7,33
sulfides and oxides 019 Rock 2,4 0,4 0,63 117,7 196,5 0,4 9,39 10,3 19,14
porphyry 020 Rock 1,9 0,3 0,89 101,4 199,8 1,1 16,35 11,1 23,21
porphyry 022 Rock 2,4 0,4 1,55 142,7 159,6 1,0 16,68 13,0 18,40
porphyry 027 Rock 1,4 0,2 3,61 5,9 107,4 0,2 2,52 1,6 14,75
porphyry 028 Rock 1,6 0,3 4,53 6,3 134,8 0,3 4,19 1,5 16,94
porphyry 030 Rock 1,2 0,2 2,31 2,9 116,9 0,3 3,68 1,5 20,79
potassium alteration 035 Rock 0,9 0,1 2,03 4,1 198,0 0,1 1,77 3,4 17,86
potassium alteration 036 Rock 0,4 <0.1 0,92 10,6 172,5 0,1 1,95 3,5 17,32
potassium alteration 052/1 Rock 1,5 0,2 2,29 4,4 141,6 <0.1 1,10 2,1 16,75
Stream Sediments 107 Stream Sediments1,2 0,1 0,29 8,5 100,8 0,4 6,12 3,1 11,21
22
www.geoscopio.gr
REFERENCES
Kostopoulos, D., 2012, Primary geological research of the Koryfi area
SILLITOE R. H. 2010, Porphyry Copper Systems , Economic Geology, 105, 3–41.
Zagorchev, I. 2007. Late Cenozoic development of the Strouma and Mesta fluviolacustrine
systems, SW Bulgaria and Northern Greece. Quat. Sci. Rev., 26, 2783-2800.
Taylor, B.E., 2007, Epithermal gold deposits, in Goodfellow, W.D., ed., Mineral Deposits of
Canada: A Synthesis of Major Deposit-Types. District Mettalogeny, the Evolution of
Geological Provinces and Exploration Methods: Geological Association of Canada, Mineral
Division, Special Publication No. 5, p. 113-139.
Frei. R., 1992. Evolution of mineralizing fluid in the porphyry copper system of the Skouries
deposit, northeast Chalkidiki (Greece): evidence from combined Pb-Sr and stable isotope
data. Econ. Geol. 90, 746-762.
Psilovikos, A. 1984. Geomorphological and structural modification of the Serbomacedonian

Massif during the Neotectonic stage. Tectonophysics, 110, 27-45.
USGS REPORT 2010 by Keith R. Long, Bradley S. Van Gosen, Nora K. Foley, and Daniel
Cordier. The Principal Rare Earth Elements Deposits of the United States—A Summary of
Domestic Deposits and a Global Perspective.
23

GEOLOGICAL ANALYSIS OF KORIFI&#39;S MINERALISATION-edited

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

GEOLOGICAL ANALYSIS OF KORIFI&#39;S MINERALISATION-edited

Uploaded by

Copyright:

Available Formats

www.geoscopio.

1. INTRODUCTION - PROJECT DESCRIPTION & INFORMATION 2

1. INTRODUCTION - PROJECT DESCRIPTION & INFORMATION

Regarding to the existing infrastructure, there is a very good network of forest

2. PORPHYRY COPPER SYSTEM

Porphyry Cu systems are initiated by injection of oxidized magma saturated with

(RICHARD H. SILLITOE:Porphyry Copper Systems2010)

(RICHARD H. SILLITOE:Porphyry Copper Systems2010)

3. GEOLOGICAL DESCRIPTION OF THE WIDER AREA

4. GEOLOGICAL DESCRIPTION OF THE AREA OF INTEREST-ANALYSIS

4.1. Geomorphological observations

4.2. Mineralogical analysis on selected samples from the Koryfi area

4.3. Preliminary results on the mineralogy of the hydrothermal altered

Fig 1: Geological map of the

Fig 2: Mineralogy of samples Eks 15,

Fig 6 : Percentage mineral content Ko 15.

4.4. Discussion on mineralogical evidences

Figure 8 The porphyry system in Koryfi area

4.5. Discussion on preliminary evidences of porphyry system genesis and

4.6. Rare Earths and other commodities

Results from the “sampling 1” analysis

ACME ANALYTICAL LABORATORIES LTD.

ACME ANALYTICAL LABORATORIES LTD.

ACME ANALYTICAL LABORATORIES LTD.

ACME ANALYTICAL LABORATORIES LTD.

ACME ANALYTICAL LABORATORIES LTD.

Kostopoulos, D., 2012, Primary geological research of the Koryfi area

SILLITOE R. H. 2010, Porphyry Copper Systems , Economic Geology, 105, 3–41.

Psilovikos, A. 1984. Geomorphological and structural modification of the Serbomacedonian

You might also like

GEOLOGICAL ANALYSIS OF KORIFI'S MINERALISATION-edited

GEOLOGICAL ANALYSIS OF KORIFI'S MINERALISATION-edited