Enormous potential
Commenting on the results CEO Jeremy Bower said: “The Morrissey Hill tenement at our Yinnetharra Project continues todeliver.
Theseare outstanding copper results and in conjunction with the 2.3% Li20 announced earlier this week, it is clear how prospective the ground is. We’re focused on sourcing the critical and battery minerals of the future and copper is an important part ofour strategy.
Despite several world class copper‐gold and polymetallic base metal deposits in the East Capricorn Orogen, the West Capricorn and Gascoyne has been massively under‐ explored. We see this as a huge opportunity. Importantly, we are fully funded to complete our field programs and drilling campaigns earmarked for this year. Our focus remains on thorough geochemical assessment of each target and getting drill rigs out to Morrissey Hill as soon as possible. This will mean consistent news flow for our shareholders over the coming months.”
The company says the campaign, which has now gained all the necessary approvals, will primarily target the project’s Bonzer prospect that delivered the high-grade rock chips, but may also include reconnaissance holes at its Malibu lithium prospect, the Swallowtail copper deposit and possibly further south of the Bonzer prospect, where a many outcropping pegmatites have been spied.
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