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Overview

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Monax’s exploration portfolio comprises a portfolio of exciting projects within South Australia targeting a diverse range of commodities including copper-gold, silver-lead-zinc, nickel and diamonds.

 

 

Punt Hill imagePunt Hill

The Punt Hill iron-oxide copper-gold (IOCG) project is located 130km north of Port Augusta within the eastern Gawler Craton IOCG Belt.  Punt Hill is located 25 km south of Carrapateena and drilling by Monax has intersected broad zones of copper mineralisation within the basement.

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Melton imageYorke Peninsula

Monax's Yorke Peninsula portfolio comprises the Webling Bay and Melton IOCG projects. Webling Bay is located on the western side of Yorke Peninsula adjacent and to the north of Argonaut’s 100% Alford project (farm-in Joint Venture with Sandfire Resources) and Adelaide Resources’ Alford West prospect on its Moonta Copper Gold Project. The Melton project, in Joint Venture with Marmota Energy (25% MOX | 75% MEU), is located on the northern extension of the Pine Point Fault Zone (PPFZ), which hosts Rex Minerals’ Hillside deposit.

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Phar Lap

Phar Lap is located on the western margin of the Mount Woods Inlier within the world class Olympic IOCG Province. Monax has identified two quality drill ready Olympic Dam, Prominent Hill, Carrapateena style IOCG targets.

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Kimberlite

The Kimberlite Project is centred on the discovery of a potential kimberlite on Exploration Licence 5347 located on the northeastern margin of the Gawler Craton.  Historical exploration has recovered several diamonds and abundant diamond indicator minerals within the area without the discovery of a kimberlite source.

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Western Gawler Craton

The Western Gawler Craton (WGC) Project is located approximately 200km west of Ceduna within the Fowler Domain of the Gawler Craton.  Monax is searching for magmatic Ni-Cu similar to the Thompson Nickel Belt in Canada and the Nova-Bollinger discovery within the Albany Fraser Range in Western Australia.

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