WA Copperhead Polymetallic

The Ringville tenement EL12/2017 is strategically situated between two world class mines – 770 metres west of the Renison Bell Tin Mine and approx. 3.27km east of the high-grade polymetallic Rosebery Mine owned by MMG Ltd.

The tenement is strategically located in areas well served with roads and railway lines for transporting mined material to processing facilities and to port for shipping to smelters. The Ringville tenement is also located adjacent to two world class operations with processing facilities at the Renison Bell Mine and the polymetallic Rosebery Mine.

The tenement contains 52 recorded mineral occurrences, including three deposits to which pre-JORC historical mineralisation estimates have been attributed, featuring silver, copper, zinc, lead, and tin.

The geology in the area comprises Early Cambrian to Devonian sediments with identified potential for mineral deposits similar to the Mt Read polymetallic volcanic-hosted massive sulphide (VHMS), the Renison intrusion related skarn tin and vein lode and Avebury nickel sulphide.

From 1982 to 2002, various exploration companies conducted regional exploration in the area surrounding Salmon Vein Deposits down to Hecla Mine area which incorporated rock chip sampling, trenching, and drilling. At Salmon Vein Deposit, diamond drilling intersecting vertical mineralisation. Drillhole RCE51: 5.8m @ 229.5 g/t Ag, 9.31% Pb & 12.34% Zn from 57.8m, Drillhole RBE10A: 6.9m @ 302.1 g/t Ag, 10.51% Pb & 3.75% Zn from 220m and Drillhole RBE05: 11.25m @ 470.3 g/t Ag, 13.61% Pb & 2.73% Zn from 158.75m. This was never followed up through further ground exploration. Excellent potential for new discoveries over Salmons Vein of parallel vein sheets and mineralised dilatational structures. Mineralised sheet veins are continuous and extensive.