BIELSDOWN PROJECT (Anchor 100%)
New South Wales – Antimony
Highlights
The Bielsdown project is an Antimony project located in the southern segment of the New England Orogen in northern New South Wales, 90km northeast of the major regional centre of Armidale.
Antimony is considered to be a crucial strategic metal by the Europe Union. Strategic metals are defined generally as metals vital to modern technology and industry, but that have sources susceptible to disruption. Resources outside China are rare. The Bielsdown project contains the Wild Cattle Creek antimony deposit which is a significant Antimony resource in Australia. Potential exists to increase resources through further drilling.
Prospect Details
The Wild Cattle Creek antimony deposit is a structurally controlled deposit hosted by a steeply dipping fault. The deposit is enriched in antimony.
A 2012 JORC compliant mineral resource at Wild Cattle Creek antimony deposit is based on 130 surface drill holes totalling 10,710m at the end of the last drilling program. The deposit is exposed at surface for over a length of 300 metres and plunges approximately 25˚ westerly. It extends down plunge for over 350 metres where mineralisation remains open to the west.
| Resource Category | Cut-off Grade (%5Sb) | Resource Tonnes (t) | Sb Grade % | Sb Metal Contained (t) |
|---|---|---|---|---|
| Indicated | 1.0 | 340,000 | 3.06 | 10,300 |
| Inferred | 1.0 | 270,000 | 1.94 | 5,300 |
| Total | 1.0 | 610,000 | 2.56 | 15,600 |
Wild Cattle Creek Mineral Resource 1.0% Sb cut-off (SRK Consulting 2013)