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Exploration Targeting: Historical exploration
▪ Most previous drill testing has
been shallow (<80m depth)
▪ Significant potential for virgin
high-grade sulphide nickel
deposits at moderate depths
▪ Multiple nickel targets along
the basal ultramafic contact
remain to be adequately drill
tested
▪ A pyrite study by CODES on drill
hole RAVD120 highlights
potential for Degrussa-style
VHMS Cu-Au mineralisation
hosted in volcanic rocks
▪ DHEM identified subtle
anomalies indicative of
VHMS mineralisation
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