We are exploring in tier 1 jurisdictions adjacent to currently operating and historical world class mines
Our Projects
Strata Minerals’ wholly owned Penny South, Elliot Lake, Biranup and Dalwallinu projects are highly prospective exploration projects located in Western Australia and Canada.
- Penny South - Western Australia
- Elliot Lake - Canada
- Biranup - Western Australia
- Dalwallinu Project - Western Australia
PENNY SOUTH (Au)
Located in world class gold district and ~550m south of one of Australia’s highest grade producing gold mines1, the Penny West/North Gold Mine (“Penny”), owned and operated by Ramelius Resources Limited (ASX:RMS) which is estimated to contain 440,000t of ore at 22g/t Au (320,000oz Au)2.
Penny South Gold Project captures a ~2.5km strike extension of the Penny West Shear immediately south of Ramelius’ Penny deposits
Average historical drill hole depth across E57/1045 is ~42m, with only 18 holes deeper than 100m and 7 holes deeper than 200m, with no diamond drilling
Historic drilling within E57/1045 has encountered various significantly anomalous intersections of gold mineralisation
1ASX.SPX Announcement 16th October 2018 “SPX acquires one of the highest grade historic open pit gold mines in WA”
2 ASX.AUE Announcement 8th March 2022 Penny South Drilling Programme Completed
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ELLIOT LAKE (U, REE)
Located in south-central Ontario and covers 41 multi-cell mining claims covering 180 km² in the prolific Elliot Lake Uranium district, along strike from historic major uranium producing mines.
Accessible by road from Toronto (a ~6 hour drive) with year-round access and proximity to existing infrastructure provide logistical advantages.
The prolific Elliot Lake uranium district produced 362 Mlbs U₃O₈ @ 0.1060% (1,060 ppm) U₃O₈ from 13 underground mines active between 1955 and 1996, within an area of c. 15 × 15 km.
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BIRANUP PROJECT (Au)
15km north-east of Tropicana Gold Mine (10Moz Au)
Features significant anomalous gold zone of 10km by 3km based on historical assays
Up to 626 g/t Au in rock chips
Aircore drilling returned 9m @ 7.08 g/t Au
High priority targets require further investigation, review underway
Located in the north-eastern Albany-Fraser belt, ~350km north-east of Kalgoorlie, WA
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DALWALLINU PROJECT (Ni, Cu, PGE)
Underexplored Nickel-Copper-PGE project
Located in the emerging West Yilgarn Nickel Province, WA
Dalwallinu Nickel Project (E70/5398) covers 86km2
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