FY22 Overview & Safety Program Update
HERMOSA EXPLORATION POTENTIAL
A highly prospective regional land package with the potential for future discoveries
Taylor near-mine exploration
•
138Mt Mineral Resource with a
•
zinc equivalent grade of 8.61% (a)
A highly prospective mineralised
system, open at depth and laterally
We have defined an Exploration
Target of 10 to 95Mt, with a mid case
of ~45Mt(a)
Peake prospect
•
High-grade copper-lead-zinc-silver
mineralisation, south of Taylor
•
•
Potential for a continuous system
connecting Taylor and Peake
5 exploration drill holes planned in
CY22, with 2 holes currently underway
Notes:
a.
Refer to important notices (slide 2) for additional disclosure.
Hermosa high priority corridor
00
Flux Prospect
Patented
Unpatented
Prospects
Deposits
Peake
Prospect
N
2
Km
Taylor Deposit
☆
Corridor
High Priority
SOUTH32
Regional exploration
•
•
Land tenure increased by 119% since
acquisition, consolidating the most
prospective areas
North-west to south-east trending
high priority corridor with multiple
prospects, identified using surface
geophysics, soil sampling and mapping,
aligned to historic mining areas
Clark Deposit
Flux prospect
Downdip of a historic mining area in
carbonates with the potential to host
Taylor-like mineralisation
•
Expect to drill in early CY23
•
Program expected to include up to
~5,500m of diamond drilling
SLIDE 42View entire presentation