Grey Dam Nickel Sulphide Project & Barracuda PGE Ni-Cu Project slide image

Grey Dam Nickel Sulphide Project & Barracuda PGE Ni-Cu Project

Grey Dam Nickel Sulphide Project Exploration: Surface Geochemistry - Nickel, Copper, Platinum • • • Extensive data review of historic geochemistry, drilling and magnetics by independent Consultant in 2020 Historic drilling targeting gold and Nickel Cobalt laterites Data shows coincident Cu and Pt anomalies over mafic/ultramafic sequence indicating potential for Nickel Sulphide mineralisation Ni Sulphide in core proving mafic/ultramafic sequence has the ability to host NiS • Strong prospectivity for Nickel Sulphide • FLEM survey was conducted over ultramafic package with anomalous Geochem 5 Strong EM conductors defined by FLEM survey including abundant lower order conductors - 4 priority areas targeting NiS within the tenement package . 7 drill holes were drilled for 1,700m with a combination of RC and diamond drilling carnavale resources ltd 416000 420000 EM Conductors Priority 1 Priority 2 Transported Cover Historic NiS Mineralisation 6620000 6624000 6628000 6632000 Target 18 Target 2 8 Target 3 Target 4 & 5 do 6632000 6628000 6624000 6620000 416000 420000 14
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