The Blue Rock Valley Project is located 35km southeast of the Nanutarra Roadhouse and 175km west of Paraburdoo within the Ashburton Region.
The Project comprises a granted Exploration Licence, namely E08/3030, pending Exploration Licence, namely E08/3276 and two new large licences applied for on the 6th October 2021 namely E08/3453 and E08/3454.
The Ashburton Mineral Field has a long history of gold, copper, silver, lead and zinc exploration. A small, high grade copper occurrence lies within the Project, referred to as Blue Rocks. Mineralisation exposed at the prospect consists of secondary copper minerals such as malachite, azurite and possibly cuprite. Rock chips collected in September 2021 discovered the first recorded copper sulphide species Digenite, Covellite and Chalcocite.
The extent of alluvial cover and paucity of previous exploration at the prospect leaves any potential extensions to the known mineralisation along strike and down-dip untested. Rock chip sampling within the vicinity of Blue Rocks has returned anomalous copper, silver and arsenic results. No recorded drilling has been completed within the Project.
The Blue Rock Valley project now covers 880km and approximate 80km² that includes the primary Talga Fault Zone which runs through the middle of the Blue Rock Valley Project tenements. This fault is a regionally significant, deep, mantle tapping structure and is highly prospective for shear-zone hosted mineralisation.
Project highlights include:
- Historic copper workings with soil copper anomaly extending along strike.
- High grade copper rock chips along NW-SE shear zone include 7.2%, 7.2% and 16.05% Cu. Five copper rock chip samples collected in the September 2021 survey recoded 49.9% (BRR011), 37.6% (BRR012), 16.05% (BRR013), 14.85% (BRR014), and 11.75% (BRR015).
- Historically no modern geophysics or drill testing over the copper anomaly area. The Company Completed a helicopter VTEM survey post IPO in April 2021 and follow up ground geophysics in August 2021.
- (Drill ready Q4 2021).