NICKEL – COPPER
(100% AQD – Subject to Strategic Alliance Agreement with South2)
Jimberlana ,Western Australia.
The Jimberlana Project is located ~120km west of Norseman between the Lake Johnston and Forrestania Greenstone Belts and consists of one Exploration Licence (~130km²) that covers the western limit (~20km strike) of the Jimberlana Dyke.
Recent research has recognised a strong association between intrusive related nickel sulphide deposits and horizontal magma flow within dykes that can create effective trap-sites for the accumulation of massive nickel sulphides at or near the base of these tube-like (chonolithic?) structures.
Within Australia, the Jimberlana Dyke is considered to be a prime target for this style of deposit, being a very large, fertile, fractionated intrusion known to contain nickel sulphides in a number of locations along its strike length.
Gravity surveys over the western end of the dyke infers the base of the intrusion is at shallower depths than elsewhere and could be explored (at least in part) using current-day EM systems.
Reconnaissance electromagnetic (EM) surveys over the 20 km strike within the Company’s tenement identified at least one high conductivity target within the dyke intrusion representing a potential drill target. Effective EM coverage over the eastern half of the prospect remains suspect due to the potential greater depth of exploration required in this region.
Further work, including drilling to test the high conductivity target, will be considered under the SAA.
The company is currently exploring within Australia & Peru and holds in excess of 4,600 km² of exploration title (granted tenements and tenement applications).
Company office & mailing address:
8 Kearns Crescent, Ardross WA 6153
Phone: 08 9364 3866
Fax: 08 9364 4892
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