Bowgan Project
Uranium/HREE
This is a new uranium/rare earth element (REE) field within a previously unrecognized extension of the Westmoreland uranium field.
Potential for the first new economic uranium deposit in northern Australia in more than 30 years
Eight targets are identified; all de-risked and drill-ready as a result of >10 years of exploration field work
Sedimentary and IOCG copper
Potential new economic copper deposits in the East Tennant-Mt Isa corridor
Potential for world-class (Tier 1) economic copper deposits recently recognized East Tennant field by Geoscience Australia and the NT Geological Survey (2021)
Located to the east of the recently established Jessica Copper project (Encounter Resources Limited)
Historical drilling identified significant copper intercepts within Bowgan project tenements
Sedimentary exhalative (SedEX) Lead-Zinc potential
Potential for world-class (Tier 1) economic lead-zinc deposits similar to McArthur River
Project tenements are located in a similar tectonic/basin margin setting as McArthur River/Teena deposits 170km further south along the same regional Emu Fault zone
Located to the east of the recently established Jessica Copper project (Encounter Resources Limited)
Historical drilling identified significant base-metal intercepts within Bowgan project tenements
One drill-ready target, with potential for more targets to be identified
Unconformity-related Uranium systems: Northern Australia (after Wall, 2010). NB: Proterozoic basement units have been confirmed within the Bowgan project area by geological mapping and a program of geochronology conducted by Curtin University