Currently a quite stock. Opportunity?, page-9

Looking at the Musgrave Range geological potential it is possible to see massive growth. Geo-Poetry below mixed in with some historical exploration.

Couldn't find a regional CZI map but this one shows how large an area is involved.



INCO discovered? Wingellina in the 1950s - Don't know what drilling has been done since then at that site but a very significant Ni Co resource exists. MLX added Claude Hills to it - very significant "little" pod. Laterite at both of these - any sulphide potential?

While in the area I believe INCO had a look at what is now called Tollu - mostly copper veins but apparently a large area with secondary Cu on the surface.

50 years later enter WMC and they discover Nebo-Babel. Followed up by BHP with a string of Cu +- Ni deposits 10s of Kms to the east. CZI, at One Tree Hill, shows there is potential for more Cu Ni to the west.
The geology of CZI's tenements, as shown in this map , indicates exploration in higher grade metamorphic terrains may be necessary - IMO not easy unless geophysics continues to help a lot.

OTH is deep so for economics needs good grade, size geometry and/or extend closer to surface. The presence of potential economic mineralization there though does mean a 40+Km long corridor with exploration potential exists on CZI ground.

Statistics show that the largest deposit in a mining "camp" is not necessarily the first one to be found! Something bigger than Wingellina or N-B in the Musgraves is a very juicy thought.

CZI/OZL will soon begin drilling at N-B and IMO are likely to confirm the existing near surface higher grade mineralisation and have a reasonable chance to find some extensions to these. IF such zones occur the chance of OZL going the distance will increase IMO.

If any of the major known deposits Wingellina, N-B, and perhaps Succouth had been discovered closer to infrastructure CZI and "MLX" probably would not hold these today.

They weren't and so OzBlue's comments about how a possible mine development could proceed are hopefully a good indication of where CZN/OZL might go.

CZI only ground - West Arunta and Mt Squires are wild cards.

4 months with no on ground activity have seen a resilient SP which IMO reflects the potential of the N-B project from an exploration perspective. As folks have said here the rest of this year will likely be a very important period for CZI.

GLTAH