SEQ

Target: Copper, Zinc, Gold, Molybdenum, Uranium
Tenements: EPM 15401 (Glentanna), EPM 17071 (Iron Pot Creek), EPM 16285 (Fair Hill)

Location: South-East Queensland off the New England Highway SW of Warwick, and between Kingaroy and Jandowae.

Background:

Three different tenement areas with opportunities across Cu/Zn, Porphyry Gold, and Uranium. More...

Data compilation and limited field reconnaissance during the year has confirmed prospectivity.

Resource:

Previous drilling by the Geological Survey of Queensland at the Grieves Quarry prospect (Glentanna) defined a (non-JORC) inferred resource of 0.2Mt at 5% zinc, associated with limestones and altered volcanic stratigraphy to the south of historical copper workings at Silverwood.

Geology/Geophysics:

Volcanic-hosted style polymetallic (Cu/Zn) massive sulphides (Glentanna), Concealed Porphyry-style gold +/- molybdenum (Iron Pot Creek) and Caldera-style uranium (Fair Hill).

At Iron Pot Creek, extensive outcropping breccias and alteration zones previously evaluated at Crystal Mountain to the SW of Warwick are now considered to represent a barren alteration cap locate above a possible concealed intrusive-related gold system at depth.

Fair Hill tenement is conceptual uranium target.

Forward Program:

JV partnerships will be sought to progress further exploration at all three tenement areas.