Ruth Well has been drilled previously and we upgraded the JORC Resources in 2019 for 152kt at 0.63% nickel and 0.47% copper. Additionally, we see separate nearby potential for gold exploration.
Only 30km from Northern Star’s Paulsens gold mine is our Mt-Clement project - with a JORC Resource of 64,400oz gold and 618,500oz silver.
Nuggety gold from quartz veins is relatively common at Mt Sholl and we once sent 27kg of quartz speciments directly to the Perth Mint for 38.3oz of gold and 5.3oz of silver.
The coastal area has reported historical gold production from four prospects: Tozers, Boiler, Nickol South and Lydia. Now on granted mining leases, we are advancing these discoveries.
Copper and zinc was mined here back in the 1960s and up to 2006 when it was processed at Radio Hill. Now, we are developing this project with a new JORC Resource of 2.6Mt at 1.14% copper and 1.12% zinc.