MUTOOROO PROJECT
A socially responsible copper-cobalt-gold mining development project in northeastern South Australia
SUMMARY
Mutooroo is one of the highest grade sulphide cobalt deposits with associated copper in Australia.
It contains 195,000 tonnes of copper, 20,200 tonnes of cobalt and 82,100 ounces of gold in Measured, Indicated and Inferred JORC Mineral Resources.
SUBSTANTIAL RESOURCES
JORC Resources of 195,000 tonnes copper, 20,200 tonnes cobalt, 82,100 ounces gold.
PROJECT ECONOMICS
Sulphide deposit underpinned by initial copper production from a high grade open pit, with substantial additional cobalt revenue targeted.
EXPLORATION UPSIDE
Surrounding tenements have exceptional potential for discovery of additional copper and cobalt resources to extend mine life.
DIVERSE METALS PORTFOLIO
JORC Mineral Resources in a range of metals that provide good exposure to copper, cobalt and gold commodity cycles.
APPROVALS
Mining Leases granted.
No known environmental permitting or development issues.
OWNERSHIP
100% ownership of secure mining tenure and surrounding land in low sovereign risk,
mining friendly,
South Australia.
LOGISTICS
Close to railway line (16km) and regional mining centre of Broken Hill (60km)
REGULATION
World's best mining practice
and environmental protection
are enforced in
South Australia.
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HISTORY
AN ETHICAL LOW SOVEREIGN RISK
SOURCE OF COBALT IN SOUTH AUSTRALIA
Excellent Cobalt Recoveries In Testwork 2018
Exceptionally High Cobalt Assays In Regional Surface Sampling 2018
Updated Copper-Cobalt JORC Mineral Resource Statement 2020
KALKAROO
MUTOOROO
GRANTS
MALDORKY
PROSPECT HILL
EXPLORATION
RARE EARTH ELEMENTS (REE)