Gascoyne Battery & Precious Metals Projects

Highlights: An Emerging Critical Metals Province

Proximity to many recent discoveries and project developments

RARE EARTHS

  • Hastings Yangibana Rare Earth Element (REE) project
  • Dreadnought: Mungaroon Project – Significant REE discovery at Yin prospect.
  • Lanthanenin Resources: Gascoyne Project - REE identified from exploration
  • Kingfisher: Micks Well, Kingfisher & Yinnietharra projects REE identified from exploration

LITHIUM

  • Arrow Minerals – Malinda Li project (23m @ 0.98%, 2m @ 1.71%, & 1m @ 2.0% Li2O)
  • Contiguous to Voltaic’s Ti Tree Project

Ni-Cu-Co-PGE

  • Dreadnought / First Quantum Money Intrusion (1.2% Ni, 0.6% Cu & 4.7g/t Pd-Pt)

Projects

  1. West Well / Paddys Well projects
  2. Ti Tree project
  3. Talga / Talga West projects
  4. Kooline Project

Ti Tree Protect

The Ti Tree project comprises one (1) exploration licence (E 09/2503) and two (2) exploration licence applications (E 09/2522 & E 09/2470), covering an area of 212 km2 and is located approximately 260 km north-east of the town of Carnavaron in Western Australia. The project is situated in the Gascoyne region of Western Australia, 830 km north of Perth. The project area is located within a south-east trending belt in the Gascoyne Province of the Capricorn Orogen that is prospective for pegmatite-associated minerals and REEs.

Recent exploration activity has indicated that the project area may reside within a prospective corridor of pegmatites where exploration efforts by others (Arrow Minerals (ASX:ARM) "Malinda Lithium" project) has identified the presence of highly anomalous Li and Ta from geochemical, geophysical, hyperspectral and drilling work. The Ti Tree tenements are contiguous to the Malinda Lithium project where lithium mineralisation has been intersected from drilling. The project area is also prospective base metals (Cu, Pb, Zn) and gold.

Talga & Talga West Projects

The Talga and Talga West projects comprises two (2) exploration licence applications (E 08/3303 & E 08/3420, respectively) covering an area of 252 km2 and are located approximately 350 km north-east of the town of Carnarvon in Western Australia, and approximately 50 km east of the Hasting's Yangibana REE project (reported total resources of 21.0 Mt at 1.12% Total Rare Earths Oxides (TREO)*). The projects are situated in the Gascoyne region of Western Australia, 900 km north of Perth. The project area covers the north-western extent of the Edmund Basin, and is underlain by rocks of the Capricorn Orogen, a major tectonic zone between the Archaen Yilgarn and Pilbara Cratons. The dominant structural feature is the 'Taiga Fault Zone' (TFZ), a major NW-SE trending litho-structural contact (fault) zone interpreted to represent a suture zone between the Ashburton and Gascoyne Complex, a sequence of metasedimentary and meta-igneous rocks extensively intruded by large volumes of granite, forming the basement for the Edmund Basin sedimentation.

Previous exploration in the region of the tenements identified anomalous manganese and cobalt mineralization along the TFZ which is associated with a dolomitic unit parallel to the TFZ. Moreover, the Taiga / Taiga West project is prospective for magmatic Ni-Cu-Co-PGE mineralisation as previous historical sampling, whilst very limited, identified anomalous nickel, copper and cobalt associated with a large dolerite-gabbro dyke.

Paddys Well & West Well Projects

The Paddys Well and West Well projects comprises one (1) exploration licence (E 09/2414) and two (2) exploration licence applications (E 09/2663, E 09/2669), covering an area of 332 km2 and are located approximately 200 km east of the town of Carnarvon in Western Australia, and approximately 100 km north-east of the Hastings Yangibana REE project. The tenements are situated in the Gascoyne region of Western Australia, 800 km north of Perth.

The project area encompasses a portion of the Gascoyne Province of the Capricorn Orogen, between the Archaean Yilgarn Craton to the south, and the Archaean Pilbara Craton to the north. The Gascoyne Province, which consists of a suite of Archaean to Proterozoic gneisses, granitic and metasedimentary rocks, is overlain by the Paleoproterozoic Ashburton Formation to the north, the Mesoproterozoic Edmund and Collier Basins to the east, and the Phanerozoic Carnarvon Basin to the west. REE discoveries in the Gascoyne Province are commonly located close to major crustal boundary faults and contained within iron-rich carbonatite dykes and intrusions.

The Paddys Well and West Well Projects are considered prospective for REE mineralisation hosted in iron-rich carbonatite dykes or intrusions. Historical exploration in the West Well project area has identified a large magnetic anomaly, coincident with a thorium radiometric anomaly, that deserves additional evaluation.

Hastating Technology Metals Limited ASX release 04/11/2019 LINK

Kooline Protect

The Kooline project comprises a single exploration licence application (E 08/3314) covering an area of 303 km2 and is located approximately 350 km north-east of the town of Carnarvon in Western Australia. Paulsens Gold Mine, owned by Norther Star Resources (ASX:NST), is 40 km north of the project area, and has produced over 900,000 oz of gold since 2005. The project area lies within the west-northwest trending regional Wyloo anticlinal dome, which is prospective for mesothermal, orogenic lode style gold deposits, such as the Paulsen deposit, which has mineralisation occurring within structurally controlled quartz veins. Historical surface sampling by Northern Star Resources identified gold anomalism, which was followed up by a limited shallow drilling campaign that confirmed the presence of gold. This warrants further exploration. Moreover, neighbours Kingfisher Mining (ASX:KFM) and Cazaly Resources (ASX:CAZ) have had recent exploration success (Boolaloo and Ashburton Projects, respectively).