Namban
Project
Overview
The Namban Project comprises an under explored ground package totalling 437km2 located in the mid-north part of the wheatbelt region, deemed by the Company to be prospective for magmatic intrusion related Ni-Cu-PGE deposits.
The Company has agreed to acquire a 100% controlling interest in the Namban Project, comprising 6 tenements extending from the townships of Moora in the south to Three Springs in the north. The project area is 150 km from Perth and 80km north of Chalice Mining Limited's Julimar project. Interpretation of aeromagnetic data over the Namban Project area by the Company has defined magnetic intrusions/anomalies prospective for Ni-Cu-PGE mineralisation.
Several land owner access agreements are in place over part of the Namban Project with most of the project area being covered by freehold land.
Namban Project tenements location map.
The Namban – Moora tenements cover a strike distance of 60 km, adjacent to the crustal-scale Darling Fault, on the western margin of the Archaean Yilgarn Craton. A north-west trend of Ni-Cu-PGE anomalism from neighbours to the east Liontown Resources (LTR:ASX) and Lachlan StarJV (ASX:LSA) is inferred by the Company to extend onto the Moora area tenement E70/4928.
Assessment of aeromagnetic TMI imagery has highlighted several distinct magnetic anomalies at Moora.
Magnetic imagery showing the Company's targets and tenure adjoining tenement holder’s prospects.
Namban - Watheroo Chonolith
The Company has identified a mafic intrusion (chonolith) covering an area of 5 km X 2 km, located at the Yilgarn Craton/crustal Darling Fault boundary. The chonolith is thought by the Company to be prospective for Ni-Cu; chonolith type deposits having been recognised since 2017. The magnetic source rocks are inferred to be close to the surface. 3D magnetic data modelling shows an overall structure which appears to be a synformal keel. First pass reconnaissance stream sediment sampling has returned Cu values of up to 80ppm.
Watheroo Chonolith 3D inversion model
Namban - Longreach
Longreach is a “bullseye” magnetic anomaly, covering an area of 1.2 km x 0.4km. The company postulates that it is a mafic intrusion prospective for Ni-Cu deposits on the northern edge of Namban granite. The target is unexplored.
Namban – Longreach “bullseye” magnetic anomaly
Namban – Three Springs
Three Springs comprises a granted exploration licence E70/5502, covering an area of 80 square kilometres, located approximately 250 kilometres north of Perth, within the northern Wheatbelt of Western Australia.
Namban – Moora area
Overview
Namban comprises an under explored ground package totalling 437km2 located in the mid-north part of the wheatbelt region, deemed by Dalaroo to be prospective for magmatic intrusion related PGE-Ni-Cu deposits. Project tenements cover a strike distance of 60 km, adjacent to the crustal-scale Darling Fault, on the western margin of the Archaean Yilgarn Craton. The Company has a 100% interest comprising six tenements extending from the townships of Moora in the south to Three Springs in the north.
No modern systematic exploration has been undertaken over Namban Project of the Archaean age Jimperding Metamporhic Belt prior to the very recent work by Dalaroo.
Namban Project tenements location map.
Namban Project and competitor map.
Namban Project and competitor map.
Cattady
Geochemical sampling on a 50m X 50m pattern has identified the Cattady anomaly, which comprises two parallel platinum-group elements (PGE)* zones with values of up to 97ppb Pd+Pt, 28ppb Au and peak anomalous values of 642 ppm Nickel (Ni) and 226 ppm Copper (Cu) outlined over a 1km strike length. This emerging anomaly remains open along strike to the north, south and west.
At Cattady multi-element (Ni, Cu and Fe) responses appear to broadly reflect both lithology and regolith. A north-south trending magnetic high appears anomalous in a number of elements, while there is a suggestion of an NNE trending cross structure, which is anomalous in Au, where it intersects the north-south magnetic high. It is suspected this north-south high may reflect a mafic or ultramafic rocks.
The next phase of geochemical sampling at Cattady along strike to the north and south will be undertaken once approvals and logistical arrangements are completed.
Dalaroo’s maiden aircore (“AC”) drilling programme at the Cattady Anomaly is testing defined geochemical anomalies, the drilling programme will aim to obtain an understanding of the regolith profile and provide key geological constraints on the rock units that underlie the Pd and Au anomalism. The processed AC results will be utilised to optimise the next phase of exploration.
AC drill rig at Cattady Anomaly
Manning
The Manning Anomaly is located 7.5km to the south of Cattady and first pass geochemical sampling has shown strong Au (224ppb) and moderate Pd (12ppb) anomalies including peak value of 528 ppm Cu. Manning lies immediately to the west of Minerals 260 Limited’s (ASX: MI6) Mallory PGE-Au anomaly.
At Manning, anomalous multi-element responses appear to be associated with a NNW trending magnetic features.
Geochemical surveys are currently in progress over an area of 2.5km and 2.0km at Manning targeting a series of magnetic intrusives, identified from recently flown 50m spaced drone UAV magnetic surveys.
Upcoming Exploration Milestones
With the grain harvest now completed over the Namban Project region, large areas, particularly over tenement E70/4928 in the Moora area can now be accessed for systematic geochemical sampling programmes. This will be undertaken following finalisation of outstanding approvals and logistical arrangements.
*PGE: Platinum Group Elements – palladium (Pd) and platinum (Pt)
Cattady Anomaly – 1st Vertical Derivative drone magnetic image with anomalous Pd (left) and Au (right) geochemical results.
Cattady Anomaly – 1st Vertical Derivative drone magnetic image with anomalous Cu (left) and Ni (right) geochemical results.
Manning Anomaly – 1st Vertical Derivative drone magnetic image with anomalous Pd (left) and Au (right) geochemical results.
Manning Anomaly – 1st Vertical Derivative drone magnetic image with anomalous Cu (left) and Ni (right) geochemical results.
Namban – Watheroo Chonolith
The Company has identified a mafic intrusion (chonolith) covering an area of 5 km X 2 km, located at the Yilgarn Craton/crustal Darling Fault boundary. The chonolith is thought by the Company to be prospective for Ni-Cu; chonolith type deposits having been recognised since 2017. The magnetic source rocks are inferred to be close to the surface. 3D magnetic data modelling shows an overall structure which appears to be a synformal keel.
Watheroo Chonolith 3D inversion model.
Namban – Longreach
Longreach is a “bullseye” magnetic anomaly, covering an area of 1.2 km x 0.4km. The Company postulates that it is a mafic intrusion prospective for Ni-Cu deposits on the northern edge of Namban granite. The target is unexplored.
Namban – Longreach “bullseye” magnetic anomaly.
Namban – Longreach
Longreach is a “bullseye” magnetic anomaly, covering an area of 1.2 km x 0.4km. The Company postulates that it is a mafic intrusion prospective for Ni-Cu deposits on the northern edge of Namban granite. The target is unexplored.
Namban – Longreach “bullseye” magnetic anomaly.
