First EM generates positive drill targets at Highlands Cu project, Mt Isa, QLD
OZ Minerals raises Eloise JV investment and expands activity scope
Drilling update for Jericho copper prospect at Eloise JV, Cloncurry
Drilling probes Jericho copper depth extensions for Eloise JV, Cloncurry
Field work initiated at Highlands Cu project, Mt Isa
Drilling campaign expanded along Jericho copper system at Eloise JV, Cloncurry
Andromeda formally commits to JV earn-in with Minotaur’s Kaolin assets, SA
Expansive copper-gold system proven at ‘Jericho’ for Eloise JV, Cloncurry
Minotaur Exploration Limited (‘Minotaur’) is a public company listed on the Australian Securities Exchange (ASX) under the market code MEP. MEP commenced trading on ASX on 25 February 2005.
Minotaur is an Australian registered entity with Australian Company Number (ACN) 108 483 601 and Australian Business Number (ABN) 35 108 483 601. Minotaur has extensive minerals exploration tenements in South Australia and Queensland.
The Company is governed by a Board of Directors according to Australian Corporate law and the Listing Rules of the ASX. Minotaur specialises in application of innovative geophysical techniques to locate virgin mineralisation deep below the surface. Often, economic mineral deposits are contained within basement rocks, buried below several hundred metres of transported cover (overburden) and cannot be located through conventional surface exploration methods such as soil sampling, geochemical assays and drilling. Minotaur’s remote sensing and interpretative approach has proven very successful, time and time again.
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The Eloise tenements are subject to a farm-in joint venture with OZ Minerals Ltd (ASX: OZL). OZ Minerals is sole funding work programs and Minotaur is manager and operator. OZ Minerals earned 51% interest in the tenements by March 2018.
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The Highlands Project straddles a major geological boundary between the Kalkadoon-Leichhardt Domain to the west and the Eastern Domain to the east, separated by the regional-scale Mt Remarkable Fault.
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Exploration objectives are IOCG and ISCG style copper-gold mineralisation and Cannington-style silver-lead-zinc mineralisation in the concealed eastern portion of the Mt Isa Block where basement units are overlain by cover sediments ranging up to more than 100m thick.
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