This will be our first target. The area is over 2kms long :eek:...

This will be our first target. The area is over 2kms long




The team plan a 650m diamond hole and has received $220k in grant funding via the Exploration Incentive Scheme.





The Surus target is a large, regionally significant gravity anomaly adjacent to major a crustal feature that splays off the Central Australian Suture. The recent IP survey also suggests chargeable and conductive rocks are present coincident with the gravity anomaly. The attributes are consistent with geophysical features seen in other IOCG systems in Australia and globally.

Additionally, the site’s proximity to niobium-rich carbonatite discoveries by WA1 Resources (ASX: WA1) and Encounter Resources (ASX: ENR) introduces the possibility that the anomaly may represent a carbonatite body.

My take:
This target could host copper/gold or be a rare earth deposit. We will find out in due course, what is lying beneath the ground!!