As far as I can determine,Monax Mining an ASX listed " lifestyle" company acquired the tenements in 2016 by agreeing to spend 500k in order to earn an 80% share.Apart from a brief site visit,that was the extent of their efforts.
True to their history,another exercise to generate news flow in order to raise Capital.
What I do know is that Pegmatites are common within the area and that further examination would be a relatively cheap exercise.At 100k in shares,a good pickup.
Further research for those inclined could be garnered by using the following keywords.
Bullock Creek
Blackman Gap Complex
SMA Mining
Grants Gulley
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- Ann: Highly prospective Lithium project secured, 3.15% Rock Chips
Ann: Highly prospective Lithium project secured, 3.15% Rock Chips, page-38
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