Pingandy
The Pingandy Base Metal Project covers 895 square kilometres within the Edmund Basin, Western Australia and includes one granted licence and three applications.
Previous exploration for Sedex-style mineralisation has focussed on the outcrop and subcrop of the Blue Billy Formation (formerly Jillawarra Formation), which consists of lminated pyritic carbonaceous shale and ranges in thickness up to 500m.
This geological package also hosts the Abra lead-silver deposit to the south of the Pingandy tenure.
Exploration will initially comprise widespread geochemical sampling to identify areas of base metal anomalism across the Blue Billy Formation and interpreted down dip extensions.
The Nerramyne Project (one granted licence and one application) covers an 8-10km wide, 45km long region along the margin of the Yilgarn Craton where it is juxtaposed against the Narryer terrane to the northeast of Geraldton in Western Australia.
The Yilgarn and Narryer rocks are mapped predominantly as gneissic terrane, with mafic rocks (hornblendite) in the south. The north-south Darling Fault transects the area.
Limited previous exploration has been completed and has been somewhat marred by the transported wind-blown and alluvial sands covering portions of the project area. Despite this, geochemical sampling has returned anomalous Pd, Pt and Cu results from lag sampling.
Regional regolith sampling by the GSWA has identified a broad low level copper-platinum-palladium anomaly that stretches over a 40km x 6km area.
Five magnetic features have been identified as targets for an initial exploration program of wide-spaced auger or lag sampling.
Mt Vinden
The Mt Vinden Project lies within the largely unknown Badgeradda Basin, between the Archean Narryer terrane and the Carnarvon Basin, northeast of Geraldton in Western Australia.
Existing GSWA data identifies a 10km x 10km Ni-Cu-PGE anomaly in the north of the project area and a second magnetic anomaly is also likely to have similar associations. Pb-Ba occurences in the area (Vaughans Find) are suggestive of Sedex analogues.
The Stokes Yard Project lies within the central-eastern portion of the Warumpi Province in the Arunta Region of central Australia.
The tenement includes the Stokes Yard Zinc-Copper-Lead-Silver Prospect, where historical rock chip samples have returned results of up to 26% Zn, 7.5% Cu, 7.5% Pb and 130ppm Ag. Sampling by the Northern Territory Geological Service (NTGS) in the early 2000’s returned results including 12.2% Pb and 8.8% Zn, and the subsequent tenement holder (Northern Minerals) reported rock sample results including 27.5% Zn.
The Warumpi Province has had some recent exploration success with ABM Resources (ASX: ABU) and Independence Group’s (ASX: IGO) recent major greenfields discovery of multi-element precious and base metal mineralisation at the Bumblebee prospect.
Large area of prospective ground awaiting grant. Prospective for gold, uranium, copper, nickel and base metals. Extensive geochemical and geophysical program planned.
Copper prospect with no recent exploration activity requiring ground prospecting and geophysical work once the tenement is granted.
Croker Island is located in the Arafura Sea off Arnhem Land and is considered to hold potential for bauxite mineralisation.
EL 29164 is still under application and covers 140.87km2 over the southern part of the island.