The Yarawindah Brook Project is an early stage, underexplored Nickel-Copper-Cobalt project.
Cassini Resources Limited has exercised an option to acquire 80% of the Yarawindah Brook Ni - Cu - Co Project in Western Australia. Cassini entered an option agreement to earn into the Yarawindah Brook Project through private company Souwest Metals Pty Ltd (Souwest).
Yarawindah Brook is located 130km northeast of Perth, in agricultural land near the township of New Norcia. The Project has had only limited nickel, copper and cobalt exploration despite a favourable regional setting, prospective geology and near-surface occurrences of nickel and copper. Historic exploration has focussed primarily on a small platinum and palladium (PGE’s) resource which the Company views as a “path-finder” anomaly for massive nickel-copper-cobalt sulphides.
In early 2018 the Company completed an airborne electromagnetic survey (AEM) over the Project identifying numerous conductors worthy of further investigation (See ASX Announcement 2 May 2018). A surface fixed loop electromagnetic (FLEM) survey has also been completed over several of the higher priority AEM anomalies in order to confirm and better constrain the conductors prior to drilling. FLEM has reinforced the XC05 and XC06 anomalies as priority targets along with down-plunge testing of YWRC0083 (Figure 2).
The Company has been encouraged by exploration results to date and has added additional tenements along strike, taking the total land position to 146km2.
The Company is currently seeking an access agreement with the local landholders and environmental approvals in preparation for drill testing.
Cassini views the Project as an excellent opportunity to apply its geological expertise and learnings in nickel-copper systems from the West Musgrave Project to an apparently similar mineralised system with only limited modern exploration. Further, the project is conveniently located adjacent to roads and power, providing development advantages if exploration proves successful.
The project provides Cassini with further exposure to nickel, copper and cobalt, three critical components of advanced technology and a decarbonised future.