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Target Generation work by RCGC identified the high potential of the region and resulted in the application and award of three permits in the first quarter of 2007.

A modern 24,000 line km, closely spaced airborne geophysical survey was flown over the permits in September 2007 with interpretation results of the data concluded in early 2008.


Airborne Magnetic Analytic Signal Map

This delineated twenty-eight priority targets for follow-up for potential nickel-cobalt laterite mineralization.

Ongoing data interpretation combined with available historical and new field data is being used for further nickel-cobalt Target Generation work in addition to assessing the potential of other mineralization styles and geological models within the permits.

Field work commenced in late 2007 with the aim of assessing the various targets. It is anticipated that, by the second quarter 2008, all priority targets will have been assessed and detailed and prospect scale evaluations will commence. This latter phase will be determined by the results of the current detailed reconnaissance phase.

 

   
   

 

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