Per MOX ASX release:
Detailed aeromagnetic survey has commenced on its Western Gawler Craton (“WGC”) Project, wholly funded by Western Areas Limited (“Western Areas”) (ASX:WSA).
Two prominent magnetic and gravity ridges are located within Monax’s WGC Project area and represent prime targets for potential magmatic nickel-copper mineralisation similar to that at Nova-Bollinger.
Per SIR website:
The Nova deposit is a magmatic nickel sulphide deposit, a style of deposit never before seen in Australia, which occupies a geological structure known as the Eye.
The Bollinger discovery, a dominantly flat lying body located to the east of the Nova deposit and connected to the Nova deposit by an interpreted feeder zone.
They all seem to be looking for another eye?
PIO, SEG, WIN, ORN, RMR, RTR and now MOX/WSA?
But MOX/WSA is located in the WGC project area; rather than the Albany-Fraser Belt in WA.
Yet another potential company maker!
PS:
Mums still the word on Parndana.
WSA Price at posting:
$4.47 Sentiment: None Disclosure: Unspecified
MOX Price at posting:
1.4¢ Sentiment: None Disclosure: Held
