there sure is more!!!!other projects people!!!ProjectBlue Rose...

there sure is more!!!!

other projects people!!!

Project
Blue Rose Copper Gold Molybdenum Project – South Australia

Description
The Blue Rose copper-gold joint venture project is located 300 kilometres north-east of Adelaide. It covers 2 tenements with a total area of 1,400 square kilometres.

Drilling by former owner Giralia and more recently by PacMag has intersected significant copper and gold mineralisation within a skarn-altered Upper Proterozoic dolomite sequence adjacent to an altered Ordovician granite body (Anabama Granite) that is similar in age to the world class Cadia-Ridgeway deposits in New South Wales. Both secondary and primary mineralisation has been discovered at Blue Rose, with better intersections including 41 metres @ 1.62% copper from 9 metres depth, including 24 metres at 2.14% copper, 0.12 g/t gold, 48 metres @ 0.82% copper, 1.01 g/t gold from 84 metres, 27 metres @ 1.41% copper, 0.33 g/t gold from 73 metres and 48 metres @ 1.04% copper, 0.22 g/t gold.

The limits of mineralisation have not yet been defined, and substantial further drilling is warranted to confirm the continuity of near surface secondary oxide copper (gold) mineralisation and to test the extent of primary gold-copper mineralisation.

Preliminary metallurgical testwork is positive with up to 85% copper recovery by acid leaching of oxide material.

Location
Olary District South Australia (refer to map)

Project Status
Advanced stage exploration project with potential to move rapidly into oxide copper production.

Project
Cork Tree Copper Project – Western Australia

Description
Corktree is on the western edge of the Earaheedy Basin in Western Australia. A strong gravity gradient marks the boundary between Yelma Formation dolomites and basement Thaduna Formation sedimentary rocks. The area has previously been explored by WMC and CRA, whose drilling returned samples including 24 metres @ 0.22% copper, 16 metres @ 0.26% copper, and 3 metres @ 1.6% copper.

The primary source of the widespread secondary copper mineralisation at Corktree has not yet been found, nor has the near-surface anomaly been closed off. The location of the prospect at the edge of a mid-Proterozoic sedimentary basin abutting a basement high, and the presence of metalliferous inclusions in hydrocarbons, suggest potential for large sediment hosted base metal mineralisation such as that mined at Mount Isa in Queensland.

Location
Western Australia, (refer to map