HELLCAT PROJECT

80% PANTERA / 20% BANGEMALL METALS

HELLCAT LEAD-SILVER PROJECT

  • Greenfield project within 70km’s of Galena Mining’s (ASX:G1A) Abra Deposit (34.5Mt @ 7.2% Pb and 16g/t Ag)
  • 442km2 project area, same stratigraphy as Abra
  • Three drill ready targets
  • $1.5M Cap Raise to fund initial exploration
  • Geophysical & heritage surveys planned for Q1 2022
  • Diamond drilling program planned for Q2 2022
  • 80% interest in 4 granted Exploration Licences: 52/3881, E52/3896 & E52/3944 and 1 Exploration Licence Application: ELA52/4026

Location & Tenure

  • 850km NNE of Perth, 230km NW of Meekatharra & 220km SW of Newman
  • 4 granted Exploration Licences (422km2)
  • 1 Exploration Licence application (128km2)
  • Access via Great Northern Hwy & Mt Augustus-Woodlands Rd, then local station tracks
  • Abra deposit 70km east

Vendors

  • Renowned geophysists and geologists with extensive knowledge of base metal mineralisation within the Edmund Basin
  • Vendors retaining 20% of the project; remain invested and committed to the project

GEOLOGY

  • Located within the Edmund Basin, where sediments have been deformed with large scale folding and faulting
  • Mineral-rich hydrothermal fluids travel along regional structures and splays
  • Hellcat is at the western extent of the Jillawarra Sub-basin which hosts the Abra polymetallic Deposit
  • Abra Deposit:
    • concealed beneath 300m of sediments (“blind”)
    • hydrothermal fluids focused along structures
    • replacement of carbonate and siltstone rocks with polymetallic mineralisation
  • Hellcat is within same stratigraphic sequence as Abra Deposit, with associated regional structures, geochemical anomalism AND geophysical anomalies

HiSTORICAL

  • Historical and open file geophysical survey data, geochemical and geological information has been compiled, integrated and interpreted
  • Several high priority geophysical targets identified
  • Anomalous geochemical samples validated by recent field assessments
  • Compilation and interpretation of data is continuing by Pantera Mineals
  • Several areas of Pb-Ag, Zn and Cu anomalism identified from rock sampling, including crystalline galena and malachite staining within quartz veins
  • Peak values in rock samples:
    • 10.9% Pb
    • 66g/t Ag
    • 1.0% Zn
    • 0.3% Cu

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