28
Ni
Nickel
29
Cu
Copper
78
Pt
Platinum
Croydon Flats Project
Queensland
Nickel Copper and Platinum Group Element Project
Ownership
100%
Opportunity
Croydon Flats is a highly prospective early-stage project that demonstrates potential for ultra mafic nickel, copper and platinum group elements (PGE) at the base of the mafic complex.
Project
Tec Minerals’ Croydon Flats project encompasses one granted exploration licence covering 278 km2 located close to Croydon, Queensland.
Figure 1 Croydon Flats location map
Croydon Flats is located close to Croydon, north east of the world class Mt Isa mining region in Central Queensland.
Rio Tinto has secured tenements to the east of the Croydon Flats tenement package and Fortescue has also secured exploration licences in the district.
Croydon Flats is a highly prospective early-stage project that demonstrates potential for ultra mafic nickel, copper and platinum group elements (PGE).
The proposed mineralisation is related to mantle melting, intrusion of sheeted mafic rocks and the potential accumulation of copper, nickel and PGE sulphides at the base of the mafic complex.
Rio Tinto has secured tenements to the east of the Croydon Flats tenement package and Fortescue has also secured exploration licences in the district.
Croydon Flats is a highly prospective early-stage project that demonstrates potential for ultra mafic nickel, copper and platinum group elements (PGE).
The proposed mineralisation is related to mantle melting, intrusion of sheeted mafic rocks and the potential accumulation of copper, nickel and PGE sulphides at the base of the mafic complex.
Exploration
The Croydon Flats project has previously been explored by QMET and Bowen Energy.
Those companies completed 3 drill holes totalling 406.5 metres, and Bowen Energy also completed 201 metres of transient electromagnetic mapping (TEM).
TEM mapping at Croydon Flats identified numerous prospective areas for geophysics and drilling.
Previous drilling did not reach the basement rocks or the related magnetic high to adequately test the basal layers of the east-dipping sheeted mafic complex identified in geophysics and in drilling.
The existing drilling only tested the very upper part of the complex and no geochemical results were provided. Accordingly, Tec Minerals considers the target an underexplored and viable copper, nickel and cobalt target requiring further investigation.
Those companies completed 3 drill holes totalling 406.5 metres, and Bowen Energy also completed 201 metres of transient electromagnetic mapping (TEM).
TEM mapping at Croydon Flats identified numerous prospective areas for geophysics and drilling.
Previous drilling did not reach the basement rocks or the related magnetic high to adequately test the basal layers of the east-dipping sheeted mafic complex identified in geophysics and in drilling.
The existing drilling only tested the very upper part of the complex and no geochemical results were provided. Accordingly, Tec Minerals considers the target an underexplored and viable copper, nickel and cobalt target requiring further investigation.
Figure 2 Croydon Flats technical map
Tec Minerals plans to quickly and cheaply assess the TEM targets identified at Croydon Flats at depth utilising a targeted MFT phase 1 satellite spectroscopy survey to assess the extent of nickel, copper, cobalt and PGEs across the tenement.