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Quarterly Activities Report – September quarter 2021

  • October 29, 2021

SEPTEMBER QTR HIGHLIGHTS

13,000m drilling campaign on Steam Engine, Bottletree and Wyandotte commenced during June 2021

Steam Engine Gold Deposit – evaluation studies (Greenvale)

• Drilling program extended by 5,000m.

• Drill results indicate potential for large-scale deposit.

• Feasibility Study commenced on Steam Engine and Eastern Ridge lodes.

• Progressing Mining Lease application.

• Maiden Dinner Creek and Resource expansion drilling program underway.

Bottletree Copper Prospect (Greenvale)

• The Bottletree Copper Prospect is a large, potential Tier 1-size copper-mineralised system.

• Drilling of first stage of deep diamond core holes commenced.

Wyandotte Copper Prospect (Greenvale)

• The Wyandotte Prospect is a shallow zone of high-grade copper mineralisation, which is potentially associated with a deeper porphyry or other intrusion-related system.

• A copper Exploration Target has been established.

• Resource definition drilling program and mining studies planned to commence during H2, 2021, subject to weather conditions.

Big Mag and Dido/Phantom (Greenvale)

• Prospectivity analysis confirms Big Mag and Dido/Phantom to be highly prospective for Voisey’s Bay-style Ni-Cu-PGE magmatic sulphide ore deposit systems.

• Target generation program progressing, based on high quality aerial VTEM and magnetic survey datasets.

 

Read the announcement here

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