Mount Clark West: Positive Drilling Observations; Tenement Extension Granted.
Managing Director and CEO Shane Menere said:
“Mount Clark West has the potential to be a copper-gold system of significant scale. With drilling now well advanced and secure land access in place, we are intersecting the kinds of alteration and veining that occur on the margins of a porphyry style copper system.
The Queensland Government’s decision to extend the EPM to 2031 without any relinquishment (until 2030), is a supportive regulatory outcome that provides certainty for continued exploration and development of this project. It gives us exploration continuity, project certainty and the ability to properly test what is shaping up as a highly compelling copper opportunity.
Importantly, assays will now commence to determine copper mineralisation content and grade, which will be critical in vectoring toward the core of the system. We believe Mount Clark West has developed into a project with genuine potential significance. We are only just beginning to unlock its copper story.”
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