Dec 7, 2023 | News
The Company has commissioned Terra Resources to trial new modelling techniques (2.5D inversion software) to extract additional information from historical VTEM surveys. The outputs have confirmed electromagnetic responses from known target areas such as Veri Veri and have revealed new targets. Of particular interest is an EM conductivity high SSW of the established Veri Veri nickel sulphide outcrops, which represents a new priority area for follow up. Read the full announcement...
Nov 30, 2023 | News
Magnetic inversion modelling by Terra Resources outlined a coherent and substantial magnetic anomaly (~700m in strike), which plunges gently to the south and is closely related to the discovery hole HWAC1472. Read the full announcement...
Nov 29, 2023 | News
Bubalus engaged Terra Resources to conduct a remote sensing geophysical and spectral review of available data from the Yinnietharra Project. Sentinel-2 and ASTER remote sensing products were acquired, reprocessed and interpreted to identify signatures which may represent outcropping or sub-cropping pegmatites within the project tenure, with a number of potential pegmatite targets being identified. Early observations indicate a number of these pegmatitic bodies are sub – cropping and do not express at surface, consequently surface geochemical signatures and ultimately drill testing will be key in identifying pegmatite bodies and determining their potential to host lithium mineralisation. Read the full announcement...
Nov 29, 2023 | News
A review and interpretation of remote sensing data, which has been integrated with a new geophysical interpretation of the area, has identifed a number of new potential Lithium-Caesium-Tantalum (“LCT”) pegmatite targets for on-ground follow-up. Hyperspectral data over the Yalgoo Lithium Project has been acquired, processed and interpreted by Terra Resources. This data has also been integrated with an interpretation of open file geophysical data over the Project area. Sentinel-2 and ASTER data were processed and imaged to highlight potential lithium-bearing pegmatites. Known lithium bearing pegmatites in the region were used to characterise the spectral signature and inform the process of identifying targets for on-ground follow-up. Read the full announcement...
Nov 7, 2023 | News
Assay results for five new drill holes from the western extension of the La Romana copper-tin-silver discovery confirm the mineralization extends over more than 1.35 kilometers of strike and remains open. These drill results include the highest grades intersected to-date in the current 25-hole drill program aimed at testing the western extension of the La Romana mineralization. Read the full announcement...
Oct 31, 2023 | News
LCL’s 3,400km2 portfolio of licences and applications, that form the PNG Nickel Project, are prospective for high grade nickel sulphide mineralisation. To date three prospects (Veri Veri, Iyewe and Doriri) have been identified within a 10km strike proximal to a major structure, the Keveri Fault. Read the full announcement...
