.
Location: 145 km E from Cloncurry, Queensland, Australia
Level 2, 310 Vulture StreetKangaroo PointQueensland, Australia4169
Stay on top of the latest gold discoveries. Examine the latest updates on drilling outcomes spanning various commodities.
Mining scale, mining and mill throughput capaciites.Full profiles of select mines and projects.
Shaft depth, mining scale, backfill type and mill throughput data.Full profiles of select mines and projects.
Equipment type, model, size and quantity.Full profiles of select mines and projects.
Camp size, mine location and contacts.Full profiles of select mines and projects.
The Project area contains sediments of the Eromanga Basin, a marine basin that formed between the Late Triassic to Early Late Cretaceous. MLA100162 contains sediments deposited in the Late Early Cretaceous, comprising the Toolebuc Formation, and the overlying Allaru Mudstone (Resolve 2018). No subsidence has been noted at the site.Underlying the Toolebuc Formation is the Wallumbilla Formation, the most widespread marine unit within the Eromanga Basin. The Allaru Mudstone is generally 200 – 300 m thick and formed in a shallow to basinal marine setting. The Toolebuc Formation is a widespread cocquinite and underlying oil shale, varying between 6 to 45 m thick basin wide. The unit presents as a vanadium enriched 6 m cocquinite with an average 12 m thick underlying vanadium enriched calcareous oil shale unit within the tenement area. The structural geology within the tenement is benign, with a gentle anticlinal structure on both an east west and north south axis, known as the Saint Elmo Anticline (Resolve 2018).The vanadium occurs within the unit as V2O5 and is found within organic compounds (kerogen and vanadyl porphyrins), within clays and within pyrites (within the fresh portion of the unit) and associated goethite within the oxidised units (Resolve 2018). In the oxidised rocks, vanadium within the organic compounds is unbound, which typically enhances metalliferous recovery and mining / beneficiation properties of the ore (Resolve 2018).The V2O5 enriched oxidised units of the Toolebuc Formation show that the resource endowment is widespread and has excellent continuity within the exploration tenement. A broad, low amplitude, north-south trending anticline has resulted in the target formation being exposed and weathered over a 15 km by 5 km region, with strip ratios varying from near 0/1 to 4/1.
- subscription is required.
