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Metalicity is focussed on delivering value to shareholders through the development of high-quality mineral assets in Western Australia, specifically gold-focused projects.

The Company's flagship Project, the Kookynie Gold Project, is an exciting, underexplored area of which the Company intends to develop to deliver value. The Farm-In agreement is an excellent pathway to earn-in, into this Project as it allows the Company to spend money on the ground.

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Project Highlights

 
 
 

KOOKYNIE AND YUNDAMINDRA PROJECTS

 

 
Through a Farm-In Agreement with Nex Metals Explorations Ltd, Metalicity gains access to the prolific Kookynie and Yundamindra Gold districts in the Eastern Goldfields of Western Australia.
 
 
Kookynie:
  • Hosts cica 50koz of pre-JORC 2012 Mineral Resources - historic production is circa 360koz of Gold.
  • Excellent Exploration upside in current resources and additional lines of mineralisation.
  • Kookynie has not been subject to any intense exploration over the last 25 years.
  • Initial work is to drill and extend/upgrade six current resource targets to JORC 2012 compliancy.

 

Yundamindra:

  • Significant mineralisation identified at Queen of Poland, Landed at Last and Pennyweight Point.
  • Laminated quartz vein with fine visible gold identified during due-diligence at Queen of May workings.

 

The Plan:

  • Metalicity, as part of the Farm-In, to initially spend $500,000 within 12 months.
  • A total of $5 million spend within and up to 5 years to earn 51% of the Projects inclusive of the initial spend and time duration - at this point, a joint venture is formed between the parties.
  • Excellent mining jurisdiction and infrastructure.
  • Seek to develop a significant resource and reserve base from which to build a sustainable mining operation.
 

 

Paterson- Musgrave- North Fraser Range Projects  

 

Building a significant gold, copper and nickel portfolio of Projects in highly prospective belts within Western Australia.

  • Approximately 2,600 km2 in the Paterson through to the Musgrave Province, and in the Fraser Range complexes.
  • Strong leverage to base metals and high growth battery metals sectors.

Fraser Range North:

  • High tenure coincident magnetic and gravity highs, confirmed layered mafic with visible chalcopyrite and anomlaous copper values in assays.

Warburton (Musgraves):

  • A large sediment hosted horizon spanning some 80 kilometres of strike extent controlled by the same gravity structure as the Nifty-Cu belt in the north Paterson.

Pandora (Musgraves):

  • Historical work yielded highly anomalous but sub-economic Cu and Ni mineralisation.

Mandora (Paterson)

  • Host to the Waukarlycarly Fault within the El Paso mineralised trend hosting the Rio Tinto Winu discovery.  

 

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