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East Ponton Unveils Multi-Commodity Critical Metal Targets

HIGHLIGHTS


  • A review of historic exploration undertaken on the Seven Sisters tenements of the East Ponton Future Metals Project unveils multi-commodity critical metal potential and outlines targets for immediate follow up:

    • Carbonatite-hosted REE potential – compelling and untested geophysical anomalies found within Seven Sisters tenements display similarities to the nearby Cundeelee Intrusion

    • Pegmatite-hosted lithium potential – significant unassayed pegmatite intercepts (e.g. 11m to end of hole 08CURB026) logged in multiple historic drill holes by Dominion Mining (2009)

    • IOCG potential – coincident magnetic and gravity anomaly recognised as a “Roxby Downs” (i.e. Olympic Dam) target by CRA Exploration in 1979 drill-tested to only 9m depth with anomalous base metals intercepted in shallow cover (up to 710ppm Zn in PCRM1)

    • Gold potential – historic intercepts of up to 3m @ 2.55g/t Au (drill hole O7CUAC089) at the Corona Prospect drilled by Dominion Mining (2008)



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