Mulgul
The Mulgul exploration licence is located some 200 km north of Meekatharra and is prospective for large base metals deposits. The area lies only 25km southwest of the Abra deposit (93 million tonnes @ 4% lead & 10g/t silver), and Mulgul has potential for similar deposits as well as secondary fault & fissure hosted copper-gold and base metal mineralisation.
Metminco has reviewed previous exploration data and undertaken an interpretation of the available aeromagnetic and radiometric data for the project. A field visit undertaken during early March 2008 included the collection of stream sediment samples and an orientation geochemical survey over the historic Mulgul copper prospect.
Further geophysical data (GEOTEM) was acquired and interpreted in early 2008, which highlighted five targets for additional exploration work. These targets comprise coincident magnetic and electromagnetic anomalies, adjacent to major structural trends.
Additional field visits to inspect these targets were frustrated by Native Title access issues. A ‘Heritage Protection Agreement’ was ratified with the Native Title representative group in late January 2009.
The Company is currently seeking a Joint Venture partner on the project.
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