The Company has recently acquired the Berkshire Valley Project 160Km north of Perth which is prospective for nickel-copper-PGE and gold mineralisation
In the Northern Territory, the Company remains focused on expanding the mineralisation identified at the Mt Hardy zinc-copper Project north west of Alice Springs after identifying numerous additional prospect areas in late 2019.
In addition, the Nanutarra Nickel Project in Western Australia and Manbarrum Zn-Pb Project in the Northern Territory are both highly prospective and will be advanced during 2020 and into 2021.
The Company is also committed to finalising an Exploration Agreement on the Petermann Range Project in the Musgrave Province of the Northern Territory and is working closely with the relevant stakeholders to achieve this.
The recently acquired Berkshire Valley Project lies 100Km north of Chalice Gold’s (ASX:CHN) exciting Julimar Discovery. Early work has identified Ni-Cu-PGE anomalism in geochemical sampling over mafic and ultramafic intrusions which are evident in geophysics over 42.5Km of strike.
The Nanutarra Option is over a 9 sq. km. mafic-ultramafic intrusion that is prospective for Ni-Cu-PGE mineralisation. Detailed Fixed Loop EM designed to identify bedrock conductors is scheduled for late 2020.
Drilling in 2018 identified significant base metal mineralisation at the EM1 Prospect.Significant drill intersections include 9.15m @4.5% Cu, 8.8% Zn, 7.6% Pb,182 g/t Ag in hole MHDD0031A and 13.45m @ 15.9% Zn, 0.9% Cu, 5.75% Pb, 83 g/t Ag in hole MHDD0021A.Numerous additional targets to drill test at the Mt Hardy Project.
+22Mt (JORC 2012) Zinc-lead-silver Mineral Resource.
Ready for Feasibility studies.
Manbarrum (100% TRT)
Mt Hardy (100% TRT)
Petermanns (100% TRT)
McArthur (100% TRT)
Berkshire Valley (100% TRT)
Nanutarra (12 month Exclusive Option)
Croker Island - Awaiting grant