Paterson Project
A District-Scale Opportunity in the Paterson Province:
The Paterson Project represents a strategic 888km² land package in Western Australia's premier exploration frontier, located just 40km from the 15-million-ounce Telfer Gold-Copper Mine. With compelling historical drill results and multiple untested geophysical targets, this project offers substantial discovery potential in a region renowned for major mining operations and new discoveries.
Project Details & Exploration Potential
Location & Scale:
888km² of granted exploration tenure in Western Australia's Paterson Province
Located 40km southwest of Greatland Gold's Telfer Gold-Copper Mine (15Moz production)
Historical Results:
Significant drill intercepts from 1980s exploration including:
17m @ 1.6% Cu, 317ppm Mo from 84m
9m @ 2.0% Cu, 0.14g/t Au, 272ppm Mo from 84m
13m @ 1.1% Cu, 0.29g/t Au from 107m
Multiple holes ended in mineralisation at shallow depths (~100m)
Forward Program:
Immediate advanced geophysical surveys (Mobile MT)
Target refinement using modern exploration techniques
RC drilling program to test high-priority targets
Systematic evaluation of copper-gold-molybdenum potential.
Managing Director's Perspective
"I am excited and delighted we have been able to secure exclusivity on this fantastic opportunity in a jurisdiction with significant activity and recent proven success. Located only 40km southwest of the Telfer Gold-Copper Mine, the Paterson Project represents exactly the type of strategic acquisition that aligns with our growth objectives.
Technological advances in geophysics since the 80's have improved greatly with the success of Mobile MT in the Paterson Province. We intend to start with this geophysical survey as another vector to refine and rank drill targets not only for copper but for gold as well.
I am excited for the Company and its shareholders as we progress this great opportunity and I look forward to updating the market as our exploration programs progress."
Tom Evans, Managing Director
Disclaimer
The information on this website is provided by Cloudbreak Discovery plc for general purposes only. It does not constitute investment advice or an offer to buy or sell securities. While we aim to ensure accuracy, no guarantee is given and no liability is accepted for any loss arising from reliance on this information. Past performance is not a guide to future results.