Ashburton Downs

Following the grant of the Ashburton Downs project located in the Pilbara in Western Australia Korab has commenced review of the historical exploration results. Results of the review to date show that target stratigraphies at Ashburton Downs have a potential to host potash, rare earths, detrital iron, copper and other base metals mineralisation. The area has recently received exploration attention from BHP, Rio and FMG with BHP and FMG applying for exploration ground adjoining Korab’s tenements and applications.

Ashburton Downs shows evidence of widespread hydrothermal activity extending over a distance of 27 km with a potential to host copper mineralisation associated with four large-scale alterations. The largest of the anomalies has a surface expression of 10 km long by up to 3 km wide and is associated with a major fault structure.

Initial e exploration program, which is to be undertaken in 2011 will include mobile metal ion (MMI) survey and a drilling program to test several high tenor targets. Ashburton Downs is held by Australian Copper P/L (a wholly owned subsidiary of Korab) and is located approximately 20 km south and south west of Paraburdoo in Western Australia.

Tucker Creek
Tucker Creek project is located in the Gascoyne region of Western Australia, 25 km from West Coast Highway and 100 km from the coast. The area under exploration is prospective for copper, lead, zinc, gold and other minerals and has recently attracted interest from FMG and RIO. Korab has acquired past exploration data for the project area and evaluation of this data is nearing completion. Early results indicate significant potential for polymetallic deposits as well as potential for commercial quantities of other minerals.

WA Projects
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Ashburton Downs polymetallic project
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Tucker Creek polymetallic project
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