KALKAROO PROJECT
A large scale potential open pit copper-gold-cobalt
project in northeastern South Australia
SUMMARY
Kalkaroo is one of the larger undeveloped open pit copper deposits in Australia on a 0.81% CuEq Ore Reserve basis.
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Contains 1.1 million tonnes of copper, 3.1 million ounces of gold and 23,200 tonnes of cobalt in Measured, Indicated and Inferred JORC Mineral Resources.​
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BHP (previously OZ Minerals) has recently completed a comprehensive Study Program on the Kalkaroo deposit that found no fatal flaws​​. The resulting financial model confirms a robust long-life project with favourable development prospects.
ONE OF AUSTRALIA'S LARGER UNDEVELOPED
OPEN PIT COPPER-GOLD DEPOSITS
SUBSTANTIAL RESOURCES
100 Mt Ore Reserve (90% Proven) based on 1.1 Mt of copper, 3.1 Moz of gold, 23.2 Kt of cobalt in JORC Mineral Resources.
BHP STUDY PROGRAM
BHP (previously OZ Minerals) recently completed comprehensive Study Program on the Kalkaroo deposit found no fatal flaws​​. The resulting financial model confirms a robust long-life project with favourable development prospects.
STRATEGIC ALLIANCE EXPLORATION
Curnamona Province Strategic Alliance regional exploration drilling targeted a province wide copper-gold exploration play, highlighting four multi-commodity prospects within 15 km of Kalkaroo with the scale to potentially generate new Kalkaroo size discoveries.
DIVERSE METALS PORTFOLIO
JORC Mineral Resources for gold, copper and cobalt that provide good exposure to multi-metal commodity cycles plus potential for molybdenum and REE by-products.
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OWNERSHIP
100% ownership of secure mining tenure and surrounding land in low sovereign risk,
mining friendly,
South Australia.
APPROVALS
Mining Leases granted.
No known environmental permitting or development issues.
REGULATION
World's best mining practice
and environmental protection
are enforced in
South Australia.
LOGISTICS
Proximity to railway line, sealed highway and regional mining centre of Broken Hill.