The Fraser Range Project is a consolidation of 10 granted tenements with a combined area of approximately 873km2, – being one of the largest strategic landholdings of held by any junior explorer in the Fraser Range. Investment by the Company will be undertaken at the Fraser Range Projects to explore for nickel, copper, gold and other base metals.
The tenements comprising the Fraser Range Project is situated within the highly prospective Proterozoic Albany-Fraser Orogen (AFO).
The AFO hosts and is prospective for a range of mineral deposit styles, including:
(a) magmatic nickel-(copper-cobalt) mineralisation;
(b) orogenic gold mineralisation;
(c) intrusion-related gold mineralisation; and
(d) polymetallic sedimentary exhalative and volcanogenic massive sulphide mineralisation, as exemplified by the Trilogy lead-zinc-silver-copper-gold deposit.