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EAST PILBARA PROJECT

location map overview

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Late time (ch33) VTEM image on E45/3457 and E45/3680 showing location of Gorge Prospect, areas of high conductance (white areas on image) and mapped nickel sulphide prospective ultramafic rocks.

The East Pilbara Project comprises 5 granted exploration licences and one pending exploration licence applications that cover ~701km2.

The project tenements are well located in regards to infrastructure and are easily accessed by road and station tracks.

The area is considered prospective for a number of commodities incuding base metals and iron ore. Competition for ground in the area is very high and the two Cattle Well tenements were subject to a number of competing applications by iron-ore explorers.

An initial field program has identified new mineralisation through surface rock chip sampling. Assay results indicate anomalous values of nickel, copper, silver, gold, platinum and palladium from ironstones and gossans (weathered product of sulphide mineralisation) on a number of existing and newly discovered prospects. The copper bearing sulphide chalcopyrite was observed in outcrop at the Gorge Prospect and assays returned high grade copper and anomalous nickel values. Significant results include rockchip samples to 27% copper, 0.4% nickel and 0.4g/t gold. The host rock is an ultramafic unit which is a prospective rocktype for nickel sulphide mineralisation. These horizons of ultramafic and anomalous ironstone are mapped over a length of 350m and remain open along strike. Historical mapping has identified the prospective ultramafic horizon to extend for over 7km along strike to the east. A VTEM survey completed in May 2011 has identified a number of high priority conductors, one of which is coincident with the Gorge Prospect.

To the east-northeast of the Gorge Prospect new copper mineralisation was identified 1.6km southwest of the Marble Bar / Port Hedland Highway on E45/3457 where surface samples returned assays of 0.7% copper and 0.1% nickel with anomalous platinum and palladium. Resampling of the lead-silver Coongan Prospect, also located on E45/3457, returned assays up to 33.5% lead and 127g/t silver.

Further work on the East Pilbara Project will focus on following up the very positive results from the recently completed VTEM survey with an aim to generate drill targets in the second half of 2011.


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