Overview

Tenements

The Narryer Project

The Narryer Project is geographically located approximately 120 km northwest of the town of Meekathara and geologically located on the northwest margin of the Yilgarn Craton in Western Australia. It is prospective for nickel sulphide and gold mineralisation.

Location of Narryer Project & Project tenure

LEFT: The location of the project area with respect to Perth and Meekatharra. Tenure in RED. The Yilgarn Craton [Orange] and the Capricorn Orogen [Green] are shown [source: Geoscience Australia 10M tectonic elements].

RIGHT: The project tenure with licence number annotated. Source: Desert Metals and SRK. Coordinates: WGS84, decimal degrees

The Project comprises 9 granted exploration licences covering a combined area of over 1,600 km2.

Within the Project a number of prospects have been identified:

• The Opal Bore, Innouendy, Irrida Hill, Irrida East, Breakaway, Dingo Pass and Mt Gould nickel, copper and gold prospects
• The Hooper nickel and copper prospect
• The Belele copper, lead, zinc, gold prospect.

The Project area is prospective for two principal styles of mineralisation: Nickel-Sulphide mineralisation (or orthomagmatic Ni-Cu-PGE; nickel-copper-platinum group elements) and orogenic gold mineralisation.

In Desert Metals opinion the Project has a similar geological setting to the Nova-Bollinger nickel copper sulphide deposit. Both are located on the edge of the Yilgarn Craton. A number of key criteria display robust similarities between the Narryer Terrane and the Albany-Fraser Terrane. These similarities are reinforced by the recent discovery of the Julimar Ni Cu PGE deposit by Chalice Gold Mines Ltd, in a similar setting, where the deposit is situated on the western margin of the Yilgarn Craton.