The Boolaloo copper-gold and base metal project is located approximately 160km west of Paraburdoo and 35km southwest of the Paulsen’s gold mine in the Ashburton region of Western Australia. The Company holds exploration licences over the potential strike extents of the interpreted mineralised structures, giving a significant strategic holding in an emerging province and tenure which now covers more than 30km of strike of the interpreted mineralised structures.
Past exploration has established the potential for the discovery of copper mineralisation at the project, with previous reverse circulation (RC) and recent diamond drilling returning very encouraging results including:
- 4m @ 1.06% Cu & 1.40 g/t Au from 109m, including 1m @ 1.41% Cu & 2.70 g/t Au from 110m (MIRC002);
- 3m @ 1.83% Cu & 1.12 g/t Au, including 1m @ 3.14% Cu & 1.38 g/t Au from 96m (MIRC004);
- 2m @ 1.44% Cu & 1.36 g/t Au from 137m, including 1m @ 2.28% Cu & 2.28 g/t Au from 138m (MIRC009);
- 3m @ 3.05% Cu & 0.57 g/t Au, including 2m @ 3.90% Cu & 0.77 g/t Au from 63m (MIRC013);
- 2m @ 3.81% Cu & 0.62 g/t Au from 62m (MIRC027);and
- 10m at 0.84% Cu & 0.11 g/t Au from 23.15m, including 2.7m at 1.45% Cu & 0.14 g/t Au from 23.15m & 0.85m at 2.68% Cu & 0.49 g/t Au from 32.35m (BLDD003).
Past exploration has also established significant mineralisation strike lengths at K15 and K16, with the K16 mineralised zone being intersected over a strike length of 1.5km.
Boolaloo targets showing drilling and sampling.
Total magnetic intensity showing interpreted extensions of potentially mineralised structures at Boolaloo.