The Stokes Yard Project lies within the central-eastern portion of the Warumpi Province in the Arunta Region of central Australia.
The tenement includes the Stokes Yard Zinc-Copper-Lead-Silver Prospect, where historical rock chip samples have returned results of up to 26% Zn, 7.5% Cu, 7.5% Pb and 130ppm Ag. Sampling by the Northern Territory Geological Service (NTGS) in the early 2000’s returned results including 12.2% Pb and 8.8% Zn, and the subsequent tenement holder (Northern Minerals) reported rock sample results including 27.5% Zn.
The Warumpi Province has had some recent exploration success with ABM Resources (ASX: ABU) and Independence Group’s (ASX: IGO) recent major greenfields discovery of multi-element precious and base metal mineralisation at the Bumblebee prospect.
The Walabanba Project is located immediately to the west of TNG Ltd’s (ASX: TNG) world-class Mount Peake Vanadium-Titanium-Iron Project, and is approximately 250km north-northwest of Alice Springs.
The tenements host four drill-ready base metal targets outlined from HELITEM and ground EM surveys, as well as the Anningie Tin Field which is prospective for Sn-W and lithium.
The Tomkinson Project is located 130km north of Tennant Creek, and is prospective for SEDEX-style base metals (Zn-Pb-Cu-Ag).
The Namerinni Group sediments in the Tomkinson Basin are time equivalents of the McArthur Group in the McArthur Basin to the north-east, which hosts the world-class HYC/McArthur River deposit and all significant mineralisation in the McArthur region. By contrast to the McArthur Basin, the Tomkinson Basin has had little base metal exploration work conducted to date, and offers an excellent opportunity for a base metal program utilising geophysics and drill testing of the prospective sequence.
A program of airborne EM and magnetics is planned to better define the stratigraphy and structure, with the aim of defining targets for drill testing.
Large area of prospective ground awaiting grant. Prospective for gold, uranium, copper, nickel and base metals. Extensive geochemical and geophysical program planned.
The Sandover Project is located in the highly prospective Irindina Province, approximately 120km north-east of Alice Springs. The area is prospective for gold, base and rare earth metals.
Copper prospect with no recent exploration activity requiring ground prospecting and geophysical work once the tenement is granted.
This Project covers the Soldiers Creek Pegmatite Field both within and surrounding the Soldiers Creek Granite. There are a number of tin and tantalum prospects within the area that have historic both alluvial and colluvial/eluvial placer workings and hard rock pegmatite-hosted cassiterite and tantalite mining activity. The Soldiers Creek Granite is recognised as being a highly differentiated S-type granite, with high Rb, Cs, Li, Ga, Sn, Y and K/Ba contents.
The area is considered prospective for significant economic concentrations of tin, tantalum, and lithium, as well as other pegmatite-hosted and greissen-related elements.
Croker Island is located in the Arafura Sea off Arnhem Land and is considered to hold potential for bauxite mineralisation.
EL 29164 is still under application and covers 140.87km2 over the southern part of the island.
The East Rover Prospect Area (within EL25581) is located approximately 60km south-west of Tennant Creek, and is prospective for Tennant Creek-style gold, copper and bismuth mineralisation.
Likewise the two tenement applications ELA 25582 and ELA 25587 lie about 70km south of Tennant Creek and are considered to have Au-Cu potential.