OUR FLAGSHIP
COBALT PROJECTS
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43,400 tonnes of cobalt in JORC Mineral Resources contained in two advanced projects, namely Kalkaroo and Mutooroo.
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Cobalt is contained in cobaltian pyrite in association with copper sulphides, and is readily concentrated as a by-product of the copper flotation process.
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Excellent logistics, being located in northeastern South Australia near Broken Hill with the Transcontinental railway and main highway nearby.
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An ethical source of copper from a low sovereign risk, tier 1 environmental, social and governance (ESG) destination.
43,400 TONNES OF COBALT IN JORC MINERAL RESOURCES
KALKAROO
- Cobaltian pyrite will be recovered as a by-product of the copper sulphide concentration process.
- Appreciable associated gold in the pyrite concentrate (average 2.5- 3 g/t) that will enhance economics of the cobalt recovery process.
MUTOOROO
- One of the highest grade sulphide cobalt deposits (0.16% cobalt) in Australia with associated copper (1.53% copper).
- Mining operation underpinned by copper with cobalt as a by-product.
- Very high exploration upside as the extensive copper mineralisation in the region invariably has associated cobaltian pyrite.
- Exceptional cobalt grades in surface geochemical sampling in the Mutooroo cobalt district (peak values 0.20-0.60% cobalt).
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CORPORATE PORTFOLIO
5
Projects
Tonnes of Copper
1.3M
Ounces of Gold
3.2M
451M
Tonnes of Iron Ore
43.4k
Tonnes of Cobalt
KEY ASSETS
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Copper, gold, cobalt JORC Mineral Resource inventory – 1.3 million tonnes of copper, 3.2 million ounces of gold and 43.4 thousand tonnes of cobalt.
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Kalkaroo copper-gold-cobalt deposit – 100 million tonne open pit JORC Ore Reserves of 0.474 million tonnes of copper and 1.4 million ounces of gold.
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Mutooroo copper-cobalt-gold deposit – 13.1 million tonnes of 1.5% copper, 0.16% cobalt and 0.20 g/t gold open pit massive sulphide deposit.
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Iron ore – three deposits namely Maldorky and Grants JORC Resources and Grants Basin, with potentially several billion tonnes of iron ore mineralisation.
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Over 16,000 km² of highly prospective mineral tenements in South Australia – unmatched elsewhere in Australia.
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