Strategic landholding in NSW looking for Cobar Style Au-dominant polymetallic deposits.
The basement volcanics of the Thomson Orogen are interpreted to be similar in type and tectonic history to the Lachlan Fold Belt, one of Australia’s premier metalliferous provinces.
The NW Cobar Project comprises several discrete bullseye and linear magnetic anomalies under a cover sequence of younger sediments, which has hampered previous exploration efforts.
An historic Induced Polarisation Survey (IP) line shows several significant semi-coincident IP and magnetic anomalies generating new high priority drill targets. There is only one hole drilled (in the wrong location), returning anomalous gold results at the top of the basement sequence.
The potential for large Cobar-style base metal deposits associated with the bullseye magnetic anomalies is untested.
Outstanding priority targets for Au and Base Metals orebodies.
