The Myrnas Hill tenement is located adjacent to the Marble Bar and DOM’s Hill projects held by Kali Metals Limited (KM1) and Sociedad Química y Minera de Chile (SQM), which are subject to an earn-in arrangement under which SQM has the right to earn up to 70% by funding A$12M over four years. 

The tenement covers the historic copper-gold prospect, Myrnas Hill, which has returned up to 42.8% Cu, 7.05% Cu and 6.49g/t Au in rock chip samples.* 

The Company has executed a land access agreement  with the Coongan Aboriginal Corporation and Strelley Pastoral Pty Ltd and covers an area within the Coongan Pastoral Lease that E45/6809 is located. It is anticipated that E45/6809 should proceed to grant in Q3-Q4 2025.  

The prospectivity for copper mineralisation will be a priority of exploration work programs, planned to commence following tenement grant.

A detailed geological review will be undertaken to evaluate exploration work programs to be scheduled upon tenement grant.

* Myrnas Hill, Minedex Site Code S0023297, Geoview, Department of Energy, Mines, Industry Regulation and Safety