Metalicity Ltd (ASX:MCT) has expanded its footprint in WA’s Pilbara region with three project applications made over ground highly prospective for nickel-copper-gold and possible platinum group metal mineralisation.
Following a full review of the entire Paterson province the company’s consultants Corporate Geoscience Group applied advance filtering and algorithm-driven structural modelling to acquire geophysical data sets.
The results produced three highly prospective areas which Metalicity has moved to acquire through the application of seven exploration licences totalling 3,000 kilometres within the emerging copper-gold-nickel Paterson province.
“Exceptional, high-quality data”
Metalicity general manager of exploration and development Jason Livingstone said: “The exceptional high-quality public data on offer provided the company with an opportunity to interrogate the entire strike length of the Paterson province.
“From this work we identified numerous targets based on the filtering and machine learning techniques previously developed whereby known mineral occurrences signatures were defined and looked for elsewhere.
“These three projects represent highly prospective ground for nickel-copper-gold with possible platinum group metal mineralisation.
“We are excited to be able to present these recent acquisitions totalling around 3,000 kilometres to our shareholders and look forward to working the communities upon grant of this tenure.”
Project areas
The three additional project applications include the Warburton, Paterson South and Pandora project areas:
Warburton – Priority one target, which is a large sediment-hosted or sedimentary-exhalative copper horizon spanning 80 kilometres within the Bentley sub-group;
Paterson South – Several strong discrete magnetic anomalies coincident with basement highs and gravity ridges; and
Pandora – A large cluster of magnetic highs on the northern side of a major crustal-scale gravity ridge with known local nickel-copper-platinum group metals-gold mineralisation.
- Jessica Cummins