Relative value between TAS and EDE, page-9

Carrapateena

https://www.ozminerals.com/careers/current-vacancies/a-career-in-mining/carrapateena/

Carrapateena offers the potential of multi-decade production at low operating costs, with potential for further discoveries nearby. It’s situated relatively close to the necessary infrastructure and is in one of the safest mining jurisdictions in the world. We believe these features are highly attractive to potential partners to join with us in advancing the development of Carrapateena.

What we do

OZ Minerals purchased the Carrapateena copper-gold project in May 2011. This project comprised four exploration licences covering approximately 1,070 square kilometres in central South Australia on the eastern margin of the Gawler Craton. In April 2013, additional tenements were acquired from Straits Resources, bringing the total land holding to 3,624 square kilometres.



I wonder if Oz Minerals is one of the ones running the ruler over Vulcan and Vulcan West?

http://news2.paritech.com/comnews/20180731/02004217.pdf

SOUTH AUSTRALIAN EXPLORATION PROJECTS
Vulcan and Vulcan West
• During the quarter, Tasman contacted eight companies regarding potential joint venture opportunities covering its Vulcan and Vulcan West prospects.
The process identified two major companies who are currently conducting a detailed data review, which should be completed within a few weeks.
In addition, interest in a possible joint venture has also been received from an overseas group, and is being discussed.
In the event that a joint venture is not concluded, subject to the completion of the pro-rata non-renounceable rights issue referred to in Tasman’s ASX Announcement dated 30 July 2018 (the “Proposed Rights Issue”), Tasman will drill test at least one of the attractive IOCGU* targets at Vulcan West, firmed up in the 2018 ground gravity surveying and geophysical modelling.
This work defined a number of drilling targets (potential Carrapateena-size IOCGU deposits) of which five are modelled at depths considerably shallower than Tasman’s nearby Vulcan prospect.

http://www.tasmanresources.com.au/our_projects.html

Lake Torrens Project: Iron-oxide Copper-Gold-Uranium (IOCGU deposits), 100% Tasman
Vulcan Prospect

In late-2009 Tasman drilled the first hole at the Vulcan prospect, located about 30km north of Olympic Dam (Figure 1). The hole was drilled on the north western margin of a large gravity anomaly, which compares very favourably in size with other IOCGU deposits such as Olympic Dam or Carrapateena

Tasman has a very large and strategic tenement holding (over 1,300 km²) adjoining BHP Billiton's world class Olympic Dam deposit in central South Australia (Figure 1). The prime target is iron-oxide associated copper-gold-uranium (IOCGU) deposits of the Olympic Dam style, although potential for other base metal and diamonds deposits has been recognised.

Tasman has been exploring these tenements for a number of years, with drilling having been conducted at a number of prospects. The most prospective of these is Vulcan. A new area to the west of Vulcan is currently being evaluated.