South Australia, Australia EL5340 - (ROY 100%)
The Cooper Hill Project is located adjacent to the town of Penong, on the western edge of the Eyre Peninsula, South Australia. The project comprises a single exploration licence, EL5340 which covers an area of 538km2 over portions of the south-western Gawler Craton, on the margins of the Palaeo-Mesoproterozoic Wilgena and Nuyts Domains. The tenement shows excellent Nickel, Copper PGE and Gold potential and has similar geology to the Albany Fraser Belt, that contains the Nova Ni-Cu and the Tropicana Au Deposits in WA.
The project area is made up of a series of complex high-grade metamorphic gneisses with strong crustal features evident, dictating the intrusion of mafic to ultramafic rocks of the Ceduna Mafic Complex and coeval Hiltaba granites.
Previous exploration work has identified ultramafic rocks in drilling. The Bookabie Prospect identified in 1990s has nickel mineralisation up to 0.6% Ni in aircore and diamond core drilling. Thin section analysis identified nickel sulphides present. Historic work in 2000’s located the Cooper Hill Prospect, a mafic and ultramafic intrusive body with anomalous Ni-Cu, Pt-Pd and Au, with possible extensions left open to the north.
A number of other targets remain untested and since recent granting of the tenement, October 2013, exploration will focus on these and any additional targets identified with the acquisition of detailed geophysics.
Updated November 2013