Fraser Range Project
Galileo has amassed a 67% interest in its Fraser Range tenements, the remainder is controlled by Mark Creasy, and the Company is actively exploring for magmatic massive sulphide- nickel-copper deposits.
The Fraser Range project covers exploration licences totalling 602km2 in the Albany-Fraser Orogen. The Albany-Fraser Orogen is dominated by the northeast-trending Fraser Zone, a suite of high-grade metamorphic rocks that have a distinct geophysical signature in both aeromagnetic and gravity data. The Fraser Zone comprises mainly metagabbroic rocks interlayered with sheets of granitic gneisses.
Galileo’s Fraser Range project is located across two areas – the northern Kitchener zone which hosts the company’s Lantern and Nightmarch prospects and the southern Yardilla zone, which holds the Empire Rose and Yardilla South prospects.
The project is well positioned within the nickel-copper bearing Fraser Range Zone, with the Nova Bollinger and Silver Knight deposits located between the two Galileo-controlled areas. The location also offers excellent access to infrastructure, with the main Eyre highway immediately south of the Fraser Range project area.
Previous drilling at Lantern South and Lantern East prospects has established the area as highly prospective, encountering banded nickel-copper sulphides. A conductive anomaly has also been interpreted at the Easterly prospect which is northeast along strike from the nickel-copper dicovery.
Surveying has also been undertaken at the Green Moon prospect which has identified another strong EM conductor to complement the existing targets at Lantern East / South and North prospects.
Most recently, Galileo has completed regional EM surveying at the northern Fraser Range project area with the aim of defining new undercover nickel targets for drill testing.
Previous drilling at the Lantern South and Lantern East prospects has established the area as highly prospective for sulphides. The conductive anomaly at the Easterly prospect is northeast along strike and ready for drill testing.
Conductive responses from first pass EM surveying require infill surveying to refine and prioritise targets prior to drill testing. The location of the prospects is shown below with the target intrusions on the new tenement along strike to the south.
Thompson (Canada) vs Fraser Range (Australia)
The Fraser Range has been modelled as an underexplored analogue of the Thomson nickel belt in northern Manitoba, Canada. The Thompson belt has been well explored, containing three world class nickel mining centres located on the edge of an Archean-aged mineral endowed province – the same geological structure seen at the Fraser range.
The Thompson Nickel Belt has yielded:
- More than 10 deposits over 100km of strike length
- Total known resources of 146Mt
- Over 50 years of mining and exploration
Meanwhile the Fraser Range remains in its infancy, with:
- Two deposits with over 150km of prospective strike length
- Total combined resources of 18Mt at Nova and Silver Knight
- Immature nickel belt with untapped potential