Exploration Projects
In addition to advancing the Bullabulling Gold Project, Minerals 260’s exploration portfolio contains the following projects.
Moora Copper-Gold-PGE Project
Julimar Mineral Province, Western Australia (100%)
The 100%-owned Moora Project is located ~150 km north-east of Perth and covers a 371km2 landholding in the Julimar Mineral Province (JMP). The area is considered highly prospective for base and precious metals, with previous drilling by Minerals 260 intersecting multiple zones of bedrock mineralisation.
Minerals 260 has been exploring at the Moora Project for approximately three years and has drilled 448 holes for ~36,000m (311 AC, 113 RC, 13 DD and 11 RC / DD), discovering several new prospects.
Some of the more significant intersections reported have included:
- Mynt – up to 24m @ 1.9% copper and 0.7 g/t gold, and 36m @ 1.0% copper and 0.4g/t gold.
- Angepena – up to 43m @ 1.8g/t gold, and 16m @ 2.8 g/t gold.
- Dwel – up to 2.7g/t gold, 0.5% copper, 0.08% cobalt and 5.7% zinc.
- Acga – up to 0.6 g/t palladium and 0.6% copper.
Ongoing work includes geophysical interpretation, pending assay results, and planning for follow-up drilling.
Figure 1: Moora Project – Aeromagnetic image showing advanced prospects
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