Nepean Gold-Nickel Project

MINERALISATION POTENTIAL

Less than 2km from world-class nickel mine

TENURE AND GEOLOGICAL SETTING

  • 39km2 project area (E15/1708)
  • Located <2km south of the historic Nepean Nickel Mine (1.1 Mt at 3.0 % Nickel for 32,200t Nickel metal) in Western Australia‚Äôs Eastern Goldfields
  • Access via Coolgardie and the Nepean Nickel Mine
  • 19 historic gold producing shafts within permit area
  • Prospective for both greenstone-hosted orogenic gold deposits and komatiitic-hosted nickel sulphide deposits

PREVIOUS EXPLORATION

  • Sparsely explored to date due to dispersed (widely held) ownership by many parties which previously hindered significant systematic exploration and economic development
  • Limited soil sampling, RAB/Aircore and RC drilling.

FIRST-STRIKE EXPLORATION

Identifying large gold-nickel anomalies

WIDE SPACED SOIL SAMPLING TO IDENTIFY GOLD FOOTPRINTS

  • Soil sampling on 400 metre spaced lines across interpreted shallow transported cover
  • Airborne EM survey to identify potential conductive massive sulphide orebodies
  • Initial broad spaced exploration designed to understand the size of the project potential

POWER AUGER PROGRAM

  • Power auger drilling on 100m x 100m grid across areas of known ultramafic rock
  • Infill power auger drilling on 50m x 50m grid
  • Geochemical and aircore grids to outline gold footprint and further targets for deeper diamond drilling

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