Boolaloo Project

The Boolaloo copper-gold and base metal project is located approximately 160 km west of the township of Paraburdoo and 35 km southwest of the Paulsen’s gold mine in the Ashburton region of Western Australia.
Past exploration work at the project included has included geological mapping, surface geochemistry, geophysical surveys and reverse circulation drilling. The past exploration work produced 22 mineralised targets, with only six of the targets tested by drilling, with significant results which included:

  • 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)

The drilling has also established significant mineralisation strike lengths, with the K16 mineralised zone intersected over a strike length of 1.5km.
Mineralisation at Boolaloo occurs on east-west trending faults. The Company has pegged exploration licences over the potential strike extents of the interpreted mineralised structures. The Company’s tenure now covers more than 30 km of strike of the interpreted mineralised structures; approximately three times the strike length of the previous Boolaloo exploration area.

Boolaloo targets showing historic drilling and sampling.

 

Total magnetic intensity showing interpreted extensions of potentially mineralised structures at Boolaloo.