Acquisition of 100% of issued capital in Broken Hill Mines Pty Ltd (BHM)
Acquisition of 100% of issued capital in Broken Hill Mines Pty Ltd (BHM)
The Projects consist of the:
Mundi Mundi Project (NSW) The Mundi Mundi Project is located 33km NNE Broken Hill comprised of one exploration licence that covers a total area of 35.1km2. The main prospect within the Mundi Mundi Project is for Group 2 Non-Metallic minerals, the new exploration license covers two historic fluorite mines Mount Eltie and Mount Robe last mined in the 1930’s.
The Coolabah Project (NSW) which comprises four granted exploration licenses (EL9287, EL9357, EL9358 and EL9359) covering an area of 1,177km2 centred around the Coolabah township in the Lachlan Fold Belt (NSW), with previous geochemistry highlighting significant copper anomalism coincident with magnetic anomalies akin to the nearby Girilambone-Triton-Constellation Copper Deposits Anomalies.
The Nymagee Project (NSW) which comprises three granted exploration licenses (EL8638, EL8657 and EL8785) covering 533.3km2 centred approximately 5km East of Nymagee township in the Lachlan Fold Belt (NSW) and is within close proximity to known high-grade polymetallic Cobar Style Deposits.
The Gunpowder Creek Project (QLD) which comprises one exploration permit (EMP27733) and two mining licences (ML5571 & ML5572) for minerals covering 119km2 north-west of the Mount Isa Copper-Lead-Zinc deposits, with a previous 5km strike length of historic gold workings with high grade rock chip samples up to 32g/t gold.
The Cannington Project (QLD) is located 130km SSE of Cloncurry comprised of two exploration licences that covers a total area of 113.4 km square. The main prospect within the Project is Brumby, being a copper-gold project spatially related to a strong magnetic high and interpreted to be an Iron Oxide Copper Gold (IOCG) style target.
Project Location Map
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