OTWAYS PROJECT, PILBARA REGION, WESTERN AUSTRALIA
Rugby has acquired two mineral property concession applications which cover prospective areas for copper and gold mineralization in the NW of Western Australia. The prospect was initially recognized in 1967 by Conwest (Australia) NL which drilled 20 shallow percussion holes. In 1972 Kennecott Australia (now part of Rio Tinto) drilled 11 percussion holes. Concord Mining NL conducted trenching in 1988, and found strongly anomalous gold values reporting with the copper. There has been little subsequent exploration conducted with the application areas.
The Otways Project (“Otways”) is located in the Pilbara district of Western Australia, 220 kilometres south east of Port Hedland (Figure 1 above). The region is home to a massive industrial base associated with oil, natural gas, iron ore extraction and the Telfer gold mine operation (+10M Oz of gold produced since 1975 as reported on Newcrest Mining Limited’s website*). Infrastructure includes an international airport, seaport, railways, highways and gas pipelines.
Rugby has acquired two contiguous mineral property concession applications covering 118 square kilometres which are subject to a 2% NSR. The applications are expected to be granted in H2-2017.
Due to the historic nature of the data, no data listed or shown on the images are National Instrument 43-101 compliant.
Significant Conwest copper drill results (gold not assayed) include:
- OS-16 64.0m (210’) 0.70% copper to end-of-hole
- OS-17 48.8m (160’) 0.62% copper to end-of-hole
- OS-21 27.4m (90’) 0.72% copper to end-of-hole
- OS-20 19.8m (65’) 1.00% copper to end-of-hole
In 2015, Rio Tinto farmed into a nearby gold-copper porphyry project, Antipa Minerals Ltd’s Citadel Project, hosting the Calibre and Magnum deposits**.
Rugby is encouraged by the region’s prospectivity, the highly anomalous copper mineralisation intersected in previous (historical) drilling at Otways, and the potential for discovery of porphyry gold copper projects. Otways satisfies all parameters required by management including:
- potential for discovering a large copper (gold) deposit;
- favourable permitting regime within a highly rated investment jurisdiction;
- excellent infrastructure with many of Australia’s largest iron mines in the region;
- year-round exploration and mining access; and
- reasonable drilling costs and drill rig availability
Proposed Program: Rugby proposes to negotiate access via the established procedures overseen by the Native Title Tribunal, and following grant of tenure (expected H2, 2017) conduct geologic, confirmatory geochemical sampling, geophysical surveys. Targets will then be drill tested.
** Source: http://www.antipaminerals.com.au
The Company will be required to conduct further assessment of previous drilling and geological data contained in this project outline for Otways. The Company believes the data is suitable to report on the website for informational reference only.
Certain information contained herein can be considered forward Looking. Please click here to review the Company's cautionary statement for investors. Francisco Montes, the Company’s Chief Geologist and a “qualified person” within the definition of that term in NI 43-101, has supervised the preparation of the technical information contained on this webpage.