Just having a quick dig around for details of the new tenements and found this from our new neighbour (E70/5029) at the granted licence at Manjimup (arrow).
https://thewest.com.au/business/public-companies/taruga-joins-south-west-wa-nickel-hunt-c-1769668These Taruga tenement application are in an exciting region which is emerging as a focus for base metals exploration, including the adjoining Chalice Mining and Venture Minerals JV. The Julimar Ni-Cu-PGE discovery by Chalice Mining earlier this year highlighted the potential of the western margin of the Yilgarn Craton. The Manjimup Project is very under-explored, however recent exploration results are confirming the potential for significant discoveries in this frontier province.
Historic geological mapping and exploration has identified the presence of ultramafic units that have the potential to host nickel, copper and PGE mineralisation, and the reinterpretation of the geophysical data is identifying priority targets within the E70/5029 Taruga tenement application.
The Chalice Mining/Venture Minerals JV Odin Prospect sits only 5km to the west whee recent drilling intersected anomalous nickel and copper sulphides in ultramafic units which strike for at least 10km. The Manjimup Project represents another step in Taruga’s strategic growth plan as we continue to expend and diversify our portfolio of highly prospective Australian base metal projects.
Taruga Minerals Chief Executive Officer, Thomas Line
