The East Kimberly Project comprises two tenements, the Panton North project and the Copernicus North project located in the Halls Creek Orogen, a Tier 1 nickel sulphide – PGM province. Both projects host ultramafic basal cumulates with strong nickel and copper geochemistry and with chonolith drill targets prospective for nickel sulphide and PGM mineralisation.
The Panton North project covers several nickel – copper and PGM prospective mafic-ultramafic
intrusions and is located immediately north of the Panton Sill PGM resource (5.0Moz PGM3E and 239kt Ni and 20kt Co) held by Future Metals Ltd (FME) and covers extensions of this same stratigraphy. It has only been sparsely tested by drilling and warrants more detailed assessment. In the western area of the tenement, a prospect called Panton West has been outlined with soil geochemistry with strongly anomalous values for palladium, nickel and copper. This geochemistry indicates a possible nickel sulphide environment and has not previously been drill tested.
The Copernicus North area is located to the north of the Copernicus open cut nickel mine, that was mined by Panoramic Resources and contains a gossanous and highly anomalous pyroxenite, with a strong nickel and copper geochemical anomaly and prospective for Copernicus style mineralisation. Geochemistry and aeromagnetic data show that there is a 2km potential strike of a pyroxenite / ultramafic unit within the Tickalara Metamorphics.