ASX Announcements

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  • DHEM survey identifies shallow Off-hole conductive anomaly
  • DHEM anomaly in stratigraphic location analogous to the nearby high-grade VMS Horseshoe Lights copper-gold mine
  • Follow-up IP geophysical survey over DHEM anomaly to start this week
  • 4,000 metre Aircore drilling to test the highly prospective conductive zone and Mount Labouchere Ni-Cu-Co Prospect commencing this week
  • IP survey at Brumby Creek Manganese Prospect to follow, targeting shallow high-grade Manganese mineralisation.

Analysis of diamond holes confirms significant high-grade manganese


  • Full drill core scanned using high-resolution non-destructive XRF analysis
  • Scanning results confirm the presence of shallow high-grade manganese with grades exceeding 50% Mn over 10cm intervals recorded
  • Variability in manganese grades indicate that beneficiation should be achieved
  • Core samples to be used in upcoming beneficiation testwork program ahead of Mineral Resource Estimates
  • All activities are fully funded by Joint Venture partner OM (Manganese) Limited


Bryah Basin Copper-Gold Project (100%)

  • Major drilling campaign (18,000 metres) commenced
  • Phase 1 RC drilling program (8 holes for 1,925m) at significant VMS copper-gold target at Windalah completed and assays pending
  • Down Hole Electromagnetic Survey of 5 RC drill holes underway

Bryah Basin Manganese Joint Venture (60% JV Interest)

  • Diamond drilling completed (7 holes for 201m)
  • Scanning of diamond drill core using XRF technology completed ahead of beneficiation testwork and mineral resource estimate
  • OM (Manganese) Limited funded project expenditure to increase JV Interest to 40%

Gabanintha Project (100%)

  • Bonanza results recorded in gold assaying of samples from previous drilling. Best gold intercept:
  • 19RRC006 - 10m @ 27.5 g/t Au from 53m, including 4m @ 64.3 g/t Au