Scorpion Minerals Limited (ASX:SCN) are an Australian mineral exploration and resource development company with a focus on creating wealth for shareholders through the discovery of world-class deposits, over a diversified range of minerals. Our current efforts are centred on our Pharos and Jungar Flats Projects, located in the Murchison Province of Western Australia.
The Pharos Project (100% owned SCN) covers an area of 822 km2 adjacent to the Dalgaranga-Big Bell Shear Corridor in the prolific Murchison Gold Province of Western Australia. Our Jungar Flats Project JV (70% owned SCN) covers an area of about 700 km2 and abuts Pharos to the east for a total holding of approxiamately 1520 km2.
The projects are located northwest of the small mining town of Cue (approximately 50 km), and easily accessible from the Great Northern Highway by the sealed Jack Hills Mine access road and then by unsealed tracks.
The project is prospective for gold, lithium, PGE-Ni-Cu, iron ore and VMS hosted Cu-Zn-Ag-Au mineralisation, and contains the Mt Mulcahy deposit. The ‘South Limb Pod’ zone of mineralisation at Mt Mulcahy contains a JORC 2012 Measured, Indicated and Inferred Resource of 647,000 tonnes @ 2.4% copper, 1.8% zinc, 0.1% cobalt and 20g/t Ag.
The following activities are planned to take place at Pharos over the next 12 months.