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