RE: Aussie Rules27 Jan 2019 10:35
Gervaise Heddle, Chief Executive Officer, commented: "We are very pleased with the results from the first phase of our regional exploration programme which have reinforced the potential for Scallywag to host copper, silver and gold mineralisation. Scallywag represents a high priority target for further exploration given the large size of the target, its relative proximity to Havieron, and its potential to host the prospective basement sequence under relatively shallow cover at probable depths of around 50m."
"The Paterson region remains relatively underexplored and our licences host multiple large magnetic anomalies, similar in scale and structural setting to the Havieron target. We intend to continue our systematic programme of regional exploration over the course of the next 12-18 months."
The Paterson project covers more than 385 square kilometres in the Paterson region of Western Australia and includes the three licences of Havieron, Paterson Range East and Black Hills.