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Western Australia Energy Resources Limited is an Australian mineral exploration company with a primary focus on exploring and potentially developing its Jimberlana Project on the Yilgarn Craton for battery metals and any other commodities it discovers during the course of its exploration activities.
The Company wholly owns 2 granted exploration licences covering 253km2 and a further 7 exploration licence applications covering an additional 687km2. The granted exploration licences are focussed on 75km of strike of the lightly explored Jimberlana Dyke which hosts a nickel laterite deposit at Bronzite Ridge and historical drill-holes reporting nickel sulphide mineralisation. The licence applications, which are contiguous with the granted tenure, cover the margins of the Jimberlana Dyke and extensive areas of laterite, sand and sheetwash overlying a deeply weathered basement of granitic and gneissic rocks with the potential to host greenstone belt geology. The license applications mostly cover areas without any historical records of exploration and represent greenfields exploration opportunities selected for their proximity to the crustalscale Jimberlana and Ida Fault corridors and their potential to be conduits for metasomatic fluids and igneous melts with the potential to transport and host battery-metal mineralisation.
The Company intends to commence exploration on the granted Tenements with drilling on the Bronzite Ridge nickel laterite deposit with a view to increasing the resource confidence and obtaining samples for metallurgical test-work. There are also 2 areas with historically reported nickel sulphide mineralisation on the margins of the Jimberlana Dyke and within the granted Tenements that are a priority for geophysical reevaluation and follow-up drilling. The Company will also commence its evaluation of the exploration licence applications by compiling and reviewing any available geophysical and geochemical data and prioritising areas of interest. For the granted Tenements, WAER will be able to acquire additional airborne and groundbased geophysical data and commence programmes of soil and rock-chip sampling and/or shallow drilling to evaluate any targets that have been identified.
It is anticipated that WER will list on the ASX during May 2023.
The Company wholly owns 2 granted exploration licences covering 253km2 and a further 7 exploration licence applications covering an additional 687km2. The granted exploration licences are focussed on 75km of strike of the lightly explored Jimberlana Dyke which hosts a nickel laterite deposit at Bronzite Ridge and historical drill-holes reporting nickel sulphide mineralisation. The licence applications, which are contiguous with the granted tenure, cover the margins of the Jimberlana Dyke and extensive areas of laterite, sand and sheetwash overlying a deeply weathered basement of granitic and gneissic rocks with the potential to host greenstone belt geology. The license applications mostly cover areas without any historical records of exploration and represent greenfields exploration opportunities selected for their proximity to the crustalscale Jimberlana and Ida Fault corridors and their potential to be conduits for metasomatic fluids and igneous melts with the potential to transport and host battery-metal mineralisation.
The Company intends to commence exploration on the granted Tenements with drilling on the Bronzite Ridge nickel laterite deposit with a view to increasing the resource confidence and obtaining samples for metallurgical test-work. There are also 2 areas with historically reported nickel sulphide mineralisation on the margins of the Jimberlana Dyke and within the granted Tenements that are a priority for geophysical reevaluation and follow-up drilling. The Company will also commence its evaluation of the exploration licence applications by compiling and reviewing any available geophysical and geochemical data and prioritising areas of interest. For the granted Tenements, WAER will be able to acquire additional airborne and groundbased geophysical data and commence programmes of soil and rock-chip sampling and/or shallow drilling to evaluate any targets that have been identified.
It is anticipated that WER will list on the ASX during May 2023.
