Melrose
The Melrose proejct is located 400km north of Kalgoorlie and 170km north of Leonora and comprise granted mining licences which fall within the Wonganoo/Mt Fisher Greenstone Belt. Melrose project covers the Boundary, Bungarra and Stirling deposits. The project area contains significant gold mineralization in an area that has not yet received the exploration attention of other areas that are closer to established infrastructure. Nevertheless, JORC compliant inferred, indicated and measured gold resources of 339,000 ounces have been delineated in three deposits in close proximity to each other.

Darlot East
The Darlot East project covers prospecting licences located 3 km from Darlot and Centenary gold mines (3mln oz). The prospects are located approximately 120 km north of the town of Leonora at the southern end of the Yandal Greenstone Belt within Eastern Goldfields Province of Western Australia.

Ashburton Downs
Ashburton Downs is significant new copper complex in the Ashburton Basin just 20 km south of Paraburdoo. This project covers Green Elephant Complex comprising North Mount Elephant, Green Elephant, East Elephant and Mount Elephant. Green Elephant copper anomaly covers two square kilometers (2,000,000 square meters) with some 970,000 square meters of visible copper mineralisation and with multiple assays grading 5% to 20% copper. Several trenches cut through the area averaged between 3% and 5% copper. Additional four trenches averaged greater than 5% copper. Mount Elephant assays returned up to 45% (450,000 ppm) copper. EM surveys show 2.5 km long conductor coinciding with high grade copper assays.

The setting and the mineralisation style of project bears close similarity with those of the Zambian copper belt where similar rock types host the copper mineralisation. Korab believes it is highly likely that our 5 copper anomalies, which cover an extensive area, form part of the same mineralised structure. The extent of the mineralisation can only be determined following extensive drilling, however the initial, early stage exploration results highlight the potential for the to be one of Australia’s most exciting copper prospects

Tucker Creek
Tucker Creek project is located in the Gascoyne region of Western Australia, 25 km from West Coast Highway and 100 km from the coast. The area under exploration is prospective for copper, lead, zinc, gold and other minerals and has recently attracted interest from FMG and RIO. Korab has acquired past exploration data for the project area and evaluation of this data is nearing completion. Early results indicate significant potential for polymetallic deposits as well as potential for commercial quantities of other minerals.

Melrose Project Magnetics
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Darlot East Project Magnetics
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Ashburton Downs polymetallic project
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Tucker Creek polymetallic project
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