Balladonia must be around the 3000 metre mark so far, with...

Balladonia must be around the 3000 metre mark so far, with average depth of around 200m.

"targeting a range of high priority magnetic, gravity and electromagnetic (EM) targets for copper, lead, zinc and
silver", "Tea Tree prospect where Broken Hill type stratigraphy and alteration has been identified"


The other Peru projects are due for Government approvals including 20 drill pads this quarter.

• Cerro de Fierro Copper Project (100%AQD)

During the Quarter, community consultations were completed as part of the drill-permitting process to approve 20 drill pads (plus access)to enable the Lantana Porphyry Copper prospect (within Pirata) to be tested by drilling.
Government approvals to allow drilling to commence are expected to be received during Q2 CY2025.
The Lantana prospect is considered to be a high-priority porphyry copper target due to its scale (~2,000m x 800m) and the widespread occurrence of highly anomalous copper,molybdenum and bismuth values obtained from systematic rock-chip sampling programs completed in 2023

• Playa Kali IOCG Project (100% AQD)

During the Quarter, environmental studies and community consultations were completed as part of the drill-permitting process to approve 20 drill pads (plus access) to enable the Playa Kali manto copper prospect to be tested by drilling.Government approvals to allow drilling to commence are expected to be received during Q2 CY2025


We are well into Q2 now so those Government drilling approvals (20 drill pads each) will not be far off.

So much on the boil here