read the announcement Results from a further 14 drillholes...

read the announcement




Results from a further 14 drillholes confirm the discovery of multiple Platreef-style copper-platinum group element (PGE) reefs from surface at the Dante Reefs; only 15km from BHP’s$1.7 billion Nebo-Babel mine development (390Mt @ 0.30% Cu, 0.33% Ni, 0.23g/t PGE3)1.• Drilling results to-date confirm that the Dante Reefs have the potential to host a large sulphidedeposit containing copper, gold, PGEs, vanadium and titanium; the first of its kind in Australia.o The Dante Reefs are a series of gentle dipping, laterally extensive, mineralised layers(similar to a coal seam) which outcrop from surface and in total run for 42km.o Approximately 10m thick with a higher-grade basal layer of approximately 5m.o Mineralisation defined over 3km in length from surface at Reef 1*, while first assays at Reef2* confirm a further 1.5km of strike.o Other globally significant reefs include those of the Bushveld Province in South Africawhich average 1-2m in thickness.• Highlights from further wide-spaced, first-pass drilling at the Dante Reefs include: