AusQuest Projects.
The company is currently exploring within Australia and Peru and holds in excess of 8,000 km² of exploration title (granted tenements and tenement applications).
In February 2017 the Company announced a Strategic Alliance Agreement with South32 (SAA) who are providing funds to advance selected early stage prospects to the drilling stage with follow-up drilling under agreed joint venture terms. During 2018 the Company received approximately A$9.5M for exploration programs in both Peru and Australia and for 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 recent drilling at the Balladonia Project in the Fraser Range region of Western Australia and at Cerro de Fierro in southern Peru have inferred potential for base metal deposits in both areas.
Peru - Copper - Gold
Over the past seven 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 in southern Peru ~140km south of the Mina Justa Cu deposit. Drilling in 2018 intersected significant Cu (Au) mineralisation related to a sizeable IOCG system.
Parcoy IOCG Project
The project is located approximately 50km north of Cerro de Fierro within similar volcanic rocks. Rock and soil sampling in 2019 have outlined large areas of highly anomalous Cu (+/- Au) associated with intrusive monzodiorites and the adjacent volcanic rocks.
Balladonia Nickel - Copper Project
The Project is located ~60km south of the Nova–Bollinger nickel-copper deposit and consists of four Exploration Licences covering an area of ~1000 km². Drilling in 2018 identified potential for a new base metal prospect.
Tangadee Zinc Project
The project is located ~50km south-west of Newman close to the eastern margin of the Edmund Basin of WA. Exploration is targeting sediment-hosted zinc mineralisation similar to deposits found in north-west Queensland
Hamilton IOCG Project
The Hamilton Project is located in NW Queensland approximately 120km south of the Cannington mine and is targeting IOCG style deposits. An IP/ magnetic/ gravity target is planned for drilling in 2019.
Revised 25/10/2019.
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.