Tenements pegged originally for rare earths potential to be explored for magmatic nickelcopper-PGE discoveries in ultramafic-mafic rocks similar to the recent Julimar discovery
Byro East pegged in February this year for rare earths exploration.
Recent geological review subsequent to the Chalice-Julimar discovery has highlighted the presence of ultramafic intrusions within the Narryer Gneiss Complex.
The geological setting of the Milly Milly Intrusions is considered analogous to the Gonneville Intrusion that hosts the Chalice discovery.
Surrounding tenure pegged recently by Chalice Gold Mines, Buxton Resources and other private companies.
Exploration planned to evaluate a nickel-copper gossan at surface and other geochemical targets.