Utah Lithium Project
Mandrake is a ASX listed explorer, focused on advancing its large-scale lithium project in the prolific ‘lithium four corners’ Paradox Basin in south-eastern Utah, USA.
The Company’s lithium venture spans a land area exceeding 88,000 acres and is 60km southeast of Anson Resources (ASX: ASN) Mineral Resource which has over 1Mt of LCE at 124mg/L.
Mandrakes has made significant progress in compiling geological and petrophysical data, aiming to ultimately generate a lithium Exploration Target in the short term and guide our exploration efforts towards establishing a maiden Mineral Resource in the near future.
Positioned within Utah’s pro-mining jurisdiction, the project benefits from a favourable regulatory environment that supports mining activities. The project has access to Tier 1 infrastructure, including power and water resources.
Furthermore, the project aligns with the proactive efforts of the US government and industry to promote domestic exploration and production of strategic and critical materials
Jimperding Ni-CU-PGE Project
- The Jimperding Project lies approximately 30km east of Chalice Gold Mines Limited’s (Chalice) Julimar Ni-Cu-PGE discovery in the Jimperding Metamorphic Belt located 70km NE of Perth
- Airborne electromagnetic survey (AEM) carried out by Mandrake identified numerous strong EM conductors across the project
- Surface rock chip results up to 0.36g/t Pd, 0.27g/t Pt, 0.5% Ni and 0.19% Cu returned from the Newleyine prospect
Berinka Pine Creek Gold Project
289km2 exploration licence in the under-explored western limb of the Pine Creek Orogen, Northern Territory
180km south of Darwin
Limited drilling has identified gold mineralisation that remains open – best intersections include:
- 4m @ 6.6g/t from 32m
- 6m @ 3.8g/t from 18m
- 5m @ 2.6g/t from 30m