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Project : MYALL CREEK - CULTANA PROJECT

Mining
Exploration - airborne surveys etc.
  Estimated Project Value
$ 1,000,000
Address Approx 20 km south west of
Suburb Port Augusta West
State SA
Council Port Augusta
Postcode 5700
Project Type Resource - Copper
Development Type New
Status Finished (i.e. no further info)
Stage Exploration, Drilling, Survey & Assessment
Ownership Private
Notes
No Further Information Available
Commence Date 5/6/2006
Completion Date 7/6/2013
Details
  • The area lies approximately halfway between the Moonta and Mt Gunson copper mines within the prospective 'Olympic Dam' corridor and covers prospects of known copper mineralisation.
  • The survey will cover EL application 105/00, held by Minotaur Resources Ltd where Eagle Bay may earn a 75% interest by expenditure of $350,000, and part of EL 3098, 100% owned by Eagle Bay.
  • Gravity Capital may elect to spend $200,000 to earn a 55% interest in the overflown area; and will be entitles to assign its interst to BHP Billiton.
  • EL 3098.
 
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