Poona PGE-Ni-Cu & Au Targets

Historic non-systematic programmes have been conducted intermittently across the Poona Project by multiple explorers from the early 1970’s until 2021. These programmes were limited, only covered discreet areas and included soil/rockchip geochemistry, ground moving loop electromagnetic surveys (MLEM), reverse circulation (RC) drilling and wide spaced aircore (AC) drilling traverses.

These programmes have identified significant untested mafic/ultramafic-hosted PGE-Ni-Cu targets within the Mindoolah Bore intrusive complex that correlate with EM/IP anomalies, and coincident elevated PGE and Ni geochemistry adjacent to basal or contact stratigraphic positions (For full details click here).

Historic highlights

  • Significant Ni, Co, Pd, Pt and Au soil anomalies associated with the interpreted Mindoolah Bore Mafic/Ultramafic Intrusive Complex
  • Wide spaced aircore drill traverses targeting magnetic highs intersected significant Ni with associated anomalous Co (max 1383 ppm) & Pd+Pt (max 58 ppb) at the Perses Prospect
  • Significant historic results from Perses include:
    – 8 m @ 1.02% Ni from 26 m
    – 12 m @ 0.71% Ni from 19 m
Significant Drilling Results - Base Metal and PGE
Cross Section of Perses Prospect
Perses Cross Section 7 000 450 mN