The aim of this paper is to present an innovative method to help delineate potential target volumes for haematite-goethite mineralisation as opposed to more magnetic ores. This is achieved through interpretation and modelling (2.5D and 3D inversions) of ground magnetics and gravity surveys over the Koolanooka South prospect in Western Australia. The targets are assumed to be dense and weakly magnetic and hosted within banded iron formation (BIF) horizons._x000D_
Geophysical interpretation (2D map) was performed using a variety of processed magnetic and gravity images (Betts et al, 2007) to determine the distribution of lithologies, to understand the structural architecture and to map out any anomalous areas of excess density (possibly indicating goethite alteration). The created geological map is used to build geological cross-sections (geometrically consistent) that were modelled (in 2.5 D) against both potential field datasets. The crosssections are consequently used as the framework to build a 3D geological model. The model defines 3D volumes of rocks including several BIF horizons. The distribution of densities and magnetic susceptibilities of the BIFs is inverted within the GOCAD-VPmg environment to reduce the misfit between the response of the model and the observed gravity and magnetics. By combining the results of both petrophysical property distribution it is possible to map out (using classical GIS type queries in 3D) volumes of higher density and lower magnetic susceptibility.