AusQuest Projects.
The company is currently exploring within Australia and Peru and holds in excess of 5,000 km² of exploration title (granted tenements and tenement applications).
In March 2020 the Company announced the Strategic Alliance Agreement with South32 (SAA) had been extended for a two year period with South32 providing funds to advance selected early stage prospects to the drilling stage with follow-up drilling under agreed joint venture terms. During 2020 the Company received approximately A$3.5M for exploration programs in both Peru and Australia with an agreed administration fee (15%) helping to fund ongoing project generation.
The Company explores for a range of commodities and mineralisation styles including magmatic nickel-copper-platinum group element sulphides, large porphyry copper and iron oxide-copper-gold, and stratabound base metal deposits. Most of the projects are “greenfields” in nature although initial drilling at the Cerro de Fierro project in southern Peru has confirmed potential for an Iron-Oxide Copper-Gold (IOCG) mineralisation.
Peru - Copper - Gold
Over the past ten years AusQuest has assembled a world-class exploration opportunity in Peru, South America – one of the world’s most prominent destinations for international copper exploration.
Cerro de Fierro IOCG Project
The Project is located approximately 140km south of the Mina Justa copper mine (~475Mt @ 0.68% Cu) in the Chala region of southern Peru.
Parcoy IOCG Project
The project is located ~50km north of Cerro de Fierro, and is targeting manto-style copper mineralisation adjacent to structures that are known to host copper mineralisation
Balladonia Nickel - Copper Project
The Balladonia Project is located ~60km south of the Nova–Bollinger nickel-copper deposit and consists of seven Exploration Licences covering an area of ~1,400 km².
Hamilton IOCG Project
The Hamilton Project is located in north-west Queensland, ~120km south of the world-class Cannington mine. It consists of two Exploration Licences covering an area of ~520km².
Paterson Province Projects
The Paterson Gold-Copper Projects are located ~250km east and north-east of Newman within the Paterson Province of Western Australia which hosts large gold and copper deposits at Telfer and Nifty as well as new discoveries at Winu (Rio Tinto & Havieron (Newcrest). This region is widely regarded as one of Australia’s current exploration “hot spots”.
Western Yilgarn Ni Cu Projects
The Moora & Morrisey Nickel-Copper projects are located north of Perth, Western Australia within metamorphic Belts that form the western margin to the Yilgarn. The projects lie within similar geological settings to the Julimar nickel-copper-PGE discovery by Chalice Mining which highlighted the untested nickel-copper-PGE potential of this margin of the Yilgarn Craton. Strong magnetic responses similar to those associated with the Julimar discovery are being targeted.
Revised 15/02/2021.
ABOUT US.
The company is currently exploring within Australia & Peru and holds in excess of 8,000 km² of exploration title (granted tenements and tenement applications).
CONTACT US.
Company office & mailing address:
8 Kearns Crescent, Ardross WA 6153
Email: graeme@ausquest.com.au
Phone: 08 9364 3866
Fax: 08 9364 4892
All rights reserved. 2017 © Ausquest Limited.
Paterson Regional