29
Cu
Copper
28
Ni
Nickel
79
Au
Gold
FRASER CROSS SOUTH PROJECT
Western Australia
Tier 1 Copper Nickel Gold IOCG Discovery Potential
Ownership
100%
Opportunity
Fraser Cross South is located in one of the hottest exploration regions in Australia with numerous large magnetic anomalies with the potential to host world class IOCG mineral deposits of the scale of deposits such as Prominent Hill.
Project
Tec Minerals’ Fraser Cross South project encompasses one granted exploration licence covering 294 km2 in the highly prospective Fraser Range region of Western Australia.
The project is contiguous with BHP Limited’s (ASX: BHP) Seahorse project that has been the subject of intensive exploration, including extensive drilling.
The project is contiguous with BHP Limited’s (ASX: BHP) Seahorse project that has been the subject of intensive exploration, including extensive drilling.
Figure 1 Fraser Cross South location map
Tec Minerals has delineated numerous targets at Fraser Cross South including a high potential geophysically defined target magnetic anomaly in the south of the tenement area.
The large priority target magnetic anomaly at Fraser Cross South has a surface expression of approximately 2.5 kilometres by 0.3 kilometres (0.7 km2 ), which is equivalent in magnetic footprint to the Prominent Hill deposit (150 million tonnes at 0.9% Cu and 0.7 grams/tonne Au).
The large priority target magnetic anomaly at Fraser Cross South has a surface expression of approximately 2.5 kilometres by 0.3 kilometres (0.7 km2 ), which is equivalent in magnetic footprint to the Prominent Hill deposit (150 million tonnes at 0.9% Cu and 0.7 grams/tonne Au).
Exploration
Tec Minerals is targeting this binate geophysical anomaly on the edge of an unusually elevated magnetic domain that abuts the eastern edge of the Fraser Range in the Eastern Nornalup area of the Albany-Fraser Orogen.
Tec Minerals interprets the general NW-trending margin as a major crustal boundary with characteristics indicative of other IOCG deposits such as those in the Gawler Craton (e.g. Olympic Dam).
Tec Minerals interprets the general NW-trending margin as a major crustal boundary with characteristics indicative of other IOCG deposits such as those in the Gawler Craton (e.g. Olympic Dam).
Figure 2 Fraser Cross South target magnetic anomaly and target MFT survey area