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Announcement 18 July 2018

Electromagnetic Survey Results from Maronan Project, QLD

A ground-based electromagnetic survey recently completed over the whole of the Maronan project in Northwest Queensland, has discovered two strong, regionally significant, conductors just three kilometres south of the existing Maronan lead-silver and copper-gold deposit. 
 
The new southern conductors are about 400 to 600 metres long and model at a depth of about 100 metres below surface.  Magnetic imagery places the southern conductors at the hinge zone to a regional fold closure (the Southern Fold Structure) which sits about 300 metres within the southern boundary of the Maronan tenement.
 
March 2018 Quarterly Report

Quarterly Report and Cash Flow for 31 March 2018

Maronan, QLD, Silver-Lead & Copper-Gold
  • Regional ground electromagnetic surveying targeting additional copper-gold resources set to start mid-May.
  • Discussions are ongoing with interested joint venture parties.
Lawn Hill, QLD, Zinc-Lead-Silver
  • Assessment of trace element vectors in recent drill holes results in expanded search.
  • New tenements secured.
Leichhardt/Corkwood/Gulf, QLD, Copper-Gold
  • High resolution airborne magnetic surveys aids definition of new IOCG target concepts for drill testing.
  • Infill gravity surveys on key targets planned.
Emu Creek JV, QLD, Copper-Gold
  • Drill test on a strong chargeability target scheduled for the next quarter.
Yarrie, WA,Copper-Cobalt
  • New project staked along trend from the Nifty Copper Mine in the Paterson Province.
  • High priority dome-shaped targets defined for first pass assessment.
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