The Mt Mulcahy Project is located 45 km northwest of the small mining town of Cue in the Murchison Mineral Field, Murchison Province, Western Australia (see Figure 1). The project is easily accessible from Cue by the sealed Jack Hills Mine access road and then by unsealed tracks. Scorpion holds a 100% interest in the project.
The project area is considered prospective for Volcanogenic Massive Sulphide (‘VMS’) style base metal mineralisation and lies in a similar geological setting to the world-class Golden Grove VMS deposits and the Hollandaire copper discovery announced by Silver Lake Resources at its Murchison Project 60 km to the southeast.
Historic exploration conducted in the 1970s & 80s had defined a mineralised horizon stretching some 10 km around the Mt Mulcahy syncline, including drilling which intersected high grade copper, zinc and silver.
Reverse circulation (‘RC’) and diamond drill programs have been carried out by Scorpion at one of the more advanced exploration targets called South Limb Pod (‘SLP’), with considerable success,
defining the resource as 647 kt @ 2.4% Cu, 1.8% Zn, 0.1% Co, 0.2 g/t Au for 15.2 kt Cu metal.