Napperby Project Australia
Favourable geology in right location with logistic support
- Pine Creek Pegmatite province hosts Core Lithium’s Finniss project (ASX:CXO, market Cap AUD1.0 billion) with the NT’s first ever granted mining lease for lithium
- The Northern Arunta Pegmatite is the second province and is expecting a lithium discovery
- Napperby Li project is in the west of Northern Arunta pegmatite province with over 1160km2 tenement package, 100% owned.
- Easy access via Stuart Highway and Tanami highway, close to Central Australian Railway with access to Darwin Port
LCT pegmatite identified with historical Sn and Ta production
- Multi pegmatite dykes with tin (Sn) and Tantalum (Ta) mineral occurrence identified
- Work by the Northern Territory Geological Survey reported in 2005 confirmed that the pegmatites in the area were of the LCT (lithium-caesium-tantalum) type
Significant Uranium potential identified
- Oceana’s Napperby Project covers some of Arunta Province’s hottest granites plutons, the Wangala Granite (uranium) and Ennugan Mountains Granite (uranium/thorium)
- Both granite plutons show outstanding uranium/thorium ratios and are almost fully encapsulated within Napperby’s EL32836 and ELA32841
- Follow-up exploration activities will target uranium and Rare Earth Elements (REEs) in parallel with Lithium-Caesium-Tantalum (LCT) pegmatites
Figure 1: Map showing U/Th ratio and known uranium, thorium and REEs mineral occurrences at Napperby Project
Significant land holding with LCT pegmatite identified
- Five mineral localities (U, Ta, W, Cu and apatite) are recorded by the NTGS, three of which are associated with pegmatites
- Ta-Sn mineral occurrences were documented.
- Field inspection completed confirming pegmatite outcropping
- Historical uranium exploration highlight the magma sources of the region is fertile for Li-Cs-Ta pegmatite
- Nine mineral localities (U, Ta, W, Cu and apatite) are recorded by the NTGS, three of which are associated with LCT (Lithium-Cesium-Tantalum) pegmatites
- Rock chip XRF analysis returned 35.4% Ta and 18.5% Sn, however Li was not assayed
- Ta-Sn historical production
- Remote sensing imagery interpretation on pegmatite outcrop completed, waiting for field inspection
- Five mineral localities (U, Ta, W, Cu and apatite) are recorded by the NTGS, three of which are associated with pegmatites
- Ta-Sn mineral occurrences were documented.
- Field inspection completed confirming pegmatite outcropping
- Historical uranium exploration highlight the magma sources of the region is fertile for Li-Cs-Ta pegmatite