Ann: ACQUISITION OF COWALINYA IONIC RARE EARTH PROJECT, page-84

Some archaically drawn indication of the tenements overlayed on google images. Shows the salt lakes in the area and also that red line in the little access road through that area which explains why EOH drilling was only done in those areas.



Map 7 is a composite of mineral potential for the South-West Forest region and shows the highest level of mineral potential assessed (in February 1997) for any particular area in the region. Where tracts for different deposit types overlap, this area is assigned the highest potential level of all the overlapping tracts. In this approach, the tract having the highest mineral potential in any particular area obscures tracts of lower mineral potential. The types of deposits with the most widespread tracts in the South-West Forest region are those types associated with laterite, ie lateritic bauxite (high), lateritic/saprolitic gold (moderate and above), clay (moderate to high); and also by Archaean/Precambrian gold, and placer gold (both moderate and above). The areas of high potential cover most of the Balingup Complex, Jimperding–Chittering Complex, and the lateritic areas of the Archaean granite/greenstone (Yilgarn Craton), the western and southern portions of the Perth Basin, and the eastern portion of the Leeuwin Complex. It is important to note that Map 7 is a composite of mineral potential tracts for different types of mineral deposits that do not have equal economic values. For example a tract with moderate to high potential for Archaean/Precambrian gold may be considered to have a higher economic value than a tract with high potential for clay.

GEOLOGICAL SETTING (agriculture.gov.au)

Note norseman or dundas are the notably close localities, would appear there is some kaolinite in the general vicinity but ultimately will need more drill or information from the company to validate this. IMV given they've stated prospective for IAC deposit would lend myself to think that's fairly accurate. A simple saltwash/test should be enough to determine but might be limited to samples given these are only historical results they have and perhaps no access to core samples for testing.

SF2TH