LARGE SALE COPPER POTENTIAL

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• 90km from Gladstone in central Queensland

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• Located only 100 km from Evolution Mining’s Mt Rawdon Mine

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• Only 40km from Cannindah Resources Limited (ASX: CAE) Mt Cannindah Project with drill results of >1000m @ 0.5% CuEq

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• Targeting porphyry copper-gold system with high grade copper-gold at surface

 

EXPLORATION RESULTS
 

• Maiden drill program completed at the Biloela Copper Project in 2022

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• Drilling intersected extensive copper mineralisation with gold for over 1 km of >0.3 % copper and >0.1 g/t gold in shallow drilling

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• High grade mineralisation intersected in drilling:

  • 1m @ 3.5 % Cu, 6.0 g/t Au, and 6.9 g/t Ag at Flanagan’s and

  • 2m @ 9.4 % Cu, 2.1 g/t Au and 60 g/t Ag (historical results) at Great Blackall

 

NEWLY IDENTIFIED BULK TONNAGE COPPER TARGET

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• Magnetic inversion modelling and geochemical vectoring has defined a major porphyry copper style of target

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• Very large 1050 m long x 850 m wide magnetic body, 150m from surface

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• Magnetic anomalies similar to Bajo de la Alumbrera porphyry deposit in Argentina which has a resource of >800Mt @ 0.5 % Cu and 0.6 g/t Au