The Paterson Orogen is a well-known world-class gold and base metals province.
The province contains the Telfer Au-Cu Mine (ASX: NCM) discovered in 1972, the Nifty Cu Mine (ASX: MLX) discovered in 1981, the Havieron Au-Cu (AIM: Greatland Gold) discovery in 2018 by Greatland Gold and the Winu Cu-Au (ASX: RIO) discovery in 2019 by Rio Tinto. the Company has two 100% owned projects in the paterson Orogen, the Harbutt Range Project and the North Nifty Project.
The Harbutt Range Project is located 320km east of the town of Newman on the edge of the Great Sandy Desert in the Pilbara Region. The Project lies within the Rudall Complex of the Proterozoic-aged Paterson Province. The project area is considered prospective for intrusive related copper-gold and sediment hosted base metal (copper-lead–zinc–silver) style mineralisation.
The North Nifty Project is located approximately 250km northeast of Newman in the East Pilbara region. The North Nifty Project lies within the Yeneena Basin which has been explored by a variety of companies since the discovery of the Telfer gold deposits in 1971. Exploration led to the discovery of the Nifty copper deposit in 1981 and subsequently the Maroochydore copper deposit. The Project has experienced limited exploration with exploration to date focusing on the Hakea Prospect, a broad copper anomaly identified initially by lag sampling. A small aircore and RAB drilling program have been completed over the prospect by previous explorers.