NICKEL – COPPER – PGE
(100% AQD – Subject to Strategic Alliance Agreement with South32)
Jubilee Lake, Western Australia.
The Jubilee Lake Project is located ~500km east of Kalgoorlie in Western Australia and consists of four granted Exploration Licences (Els) and two EL applications covering a total area of ~3,200km². The Project is situated within a large flood basalt terrane and is centred over the Rodona Shear, which is considered to be a key feeder structure to the surrounding flood basalts.
Mafic/ultramafic intrusions associated with the feeder structure are considered prime targets for Ni-Cu-PGE sulphide deposits, similar to those found at the giant Norilsk deposits in Russia, and more locally at Nebo-Babel (Oz Minerals) and possibly at Nova-Bollinger (IGO), both nearby deposits.
In 2022, MLTEM surveys were completed along portions of the Rodona Shear highlighting a very large, strong, deep conductor adjacent to the inferred feeder structure. Initial drill testing of this conductor is planned for 2023 ahead of further work at this prospect.
Exploration work at Jubilee Lake is funded under the SAA with a subsidiary of South32 Limited.
The company is currently exploring within Australia & Peru and holds in excess of 6,000 km² of exploration title (granted tenements and tenement applications).
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