Wanna Project

(E09/1297) - Encounter 80%, Avoca 20%

The Wanna Project is located on the southern margin of the Bangemall Basin, approximately 40kms WNW of Mt Augustus. A ground gravity survey was completed at the project in March. This survey was designed to test an area of anomalous groundwater geochemistry surrounding the Koorabooka Spring, as well as a WNW trending magnetic lineament on which a series of outcropping lead occurrences within dolomitic rocks have been identified (Figure 1). The results of the survey were very encouraging with a discrete bouguer gravity anomaly defined immediately upstream of Koorabooka Spring.

Figure 1. Wanna - Geophysical and Geochemical Summary Map

Results from a regional (2km by 400m) LAG sampling program completed over the project were received in the quarter. Preliminary interpretation of the data indicates a multi-metal (Pb, Ag, Mo, As) anomaly is coincident with the gravity feature. A detailed infill geochemical program will be completed in the Koorabooka Spring region in the coming quarter.