Watson Project
The Mt Watson project comprises two tenements, EL 3313 and EL 3323. The tenements cover a combined area of 1,823 square kilometres; lying mostly in the Christie Domain on the western Gawler Craton, in a zone of crustal scale shearing, approximately 750 kilometres northwest of Adelaide.
The Mt Watson project has potential for the discovery of both nickel and gold deposits in addition to mineral sands. This region has similar structural and lithological characteristics to the Thompson Nickel Belt of Manitoba, in Canada, and may similarly have potential for the discovery of Proterozoic nickel deposits. As well as the linear mafic and ultramafic intrusives, basement rocks in the project include pyritic banded iron formations (BIF), completing the analogy.
The Archaean basement rocks at Mt Watson are also prospective for Challenger-style gold mineralisation. At Challenger, which also lies within the Christie Domain, high-grade gold mineralisation is found in structurally controlled shoots hosted by the Archaean Christie Gneiss.
The Mt Watson project lies within the Eucla Basin, near its eastern margin. Carbonaceous and lignitic Tertiary sediments, including paleochannel deposits, cover basement throughout the area. Heavy mineral sand concentrations may also be found in the Mt Watson project area, associated with former strandlines in the Tertiary sediments of the Eucla Basin. Heavy mineral sands exploration is active in tenements immediately north and east of the Mt Watson project, where Iluka Resources Ltd made significant discoveries at Jacinth and Ambrosia (2005). A feature of those discoveries is their high zircon content.
;)
;)
;)