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A joint venture with Metallica Minerals Limited (MLM) in three South Australian projects being, Toby, Merna Mora and Lake Torrens. Drill Rig - Toby - IOCGU - South Australia
 
Lake Torrens - IOCGU - South Australia - EL 3457
   
 
  • The Lake Torrens Project covers an area of 418km2 in the Torrens Hinge zone, 50km east of the Carapateena IOCGU deposit and straddles the boundary between the Olympic Domain of the Gawler Craton to the west and the Adelaide Fold Belt to the east.
  • EL 4357 is held in the name of Metallica Minerals Limited (75%) and Salisbury Exploration Pty Ltd (25%) a 100% owned subsidiary of Salisbury Resources Limited.
  • The Torrens complex consists of one large intense magnetic anomaly (West Well) and several smaller featured in a complex pattern. Aeromagnetic imagery displays an annular, north-northeast trending strongly magnetic zone, which is believed to represent a zone of hydrothermal alteration, possibly related to an IOCGU alteration system.
  • Gravity data show associated anomalies, which could represent hematite-rich IOCGU mineralisation.

 

Lake Torrens - Terrain Corrected Bouguer Anomoly Image - Band pass filtered

Pictured above:
Lake Torrens - Terrain Corrected Bouguer Anomoly Image - Band pass filtered

 

Lake Torrens - Location Map

   
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