Located in Central NSW in the highly prospective Lachlan Fold Belt Cobar-Girilambone district and includes a 30 km strike length of Volcanic Hosted Massive Sulphide (VHMS) copper corridor.
(EL 9307, EL 6592, EL 6656 and EL 8384) and covering an area of approximately 470km2. All Tenements granted until 2026.
Carolina and Mount Royal (which includes the Orange Plains Prospect), are situated within an under-explored and prospective land package containing 50 Km total strike length of a Volcanic Hosted Massive Sulphide (VHMS) copper corridor.
Initial inferred mineral resource at 0.3% Cu cut off calculated on two areas, being Carolina and the Mount Royal to Orange Plains Deposits
9.86Mt @ 0.73% Cu, 0.22g/t Au & 1.73g/t Ag
70.9kt Cu, 67.1koz Au & 536.5koz Ag.
Inferred Mineral Resource
2.68Mt at 1.09% Cu, 0.39 g/t Au & 1.31 g/t Ag. 29.3kt Cu, 33.9koz Au & 113.6koz Ag.
Substantial exploration potential exists at the Carolina
Deposit remains open to the north and at depth.
High grade core and significant gold credits
Carolina is the most consistently mineralised deposit
and contains significant intersections such as:
Inferred Mineral Resource
7.18Mt at 0.59% Cu, 0.16g/t Au & 1.88g/t Ag. 41.5kt Cu, 33.2koz Au & 422.9koz Ag
Mineralisation occurs in two horizons
within the base of the Bogan Schist, dipping to the south.
There is significant exploration potential
with several targets identified in the geophysical surveys undertaken.
The gold mineralisation has proven
to positively correlate with copper mineralisation, providing significant gold credits.
Multiple historic prospects have been drilled and returned encouraging copper-gold intersections that require further testing. Significant results include:
Outside of the known resources are multiple, poorly tested EM/soil/magnetic anomalies and 50km of near surface mineralised horizon.
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