Projects

Shepherd’s Well

Shepherd’s Well

 Project

(CZR 70%)

Gold/ Nickel/ Rare Earths

The Shepherd’s Well Project is a multi-commodity exploration project located approximately 75 km south of Karratha. The tenement covers approximately 17 km of the crustal-scale Scholl Creek Shear and is prospective for gold, base metals and rare earth elements (REEs).

Geology and Prospectivity

The geology is dominated by mafic volcanic rocks and sedimentary rocks west of the shear, with a granitic intrusion to the east. The basement comprises Archaean metavolcanic and metasedimentary rocks of the Cleaverville Terrane. These rocks are locally overlain by sub-horizontal Fortescue Group rocks forming the basal succession of the Hamersley Basin.

Key prospect areas include the Awassi Rare Earth Prospect, Dorper Nickel Prospect and Suffolk Zinc–Lead Prospect. Gold anomalism has also been reported, with values ranging from >5 ppb to 1 g/t Au (ASX: CZR, 2019).

Field investigations and grab-sample assessment have identified REE–Nb–Zr–Ba–Sr geochemical anomalism and Th–U radiometric responses that may indicate the presence of an alkalic intrusion or carbonatite-hosted REE system.

Work Schedule

The company is currently assessing the prospectivity of the project. Limited field work has been completed outside of the known areas of gold and base metal anomalism with considerable strike of the prospective Scholl Creek Shear yet to be tested.