Shelby Project
The 1050km² Shelby Project is located on the northern margin of the Bryah Basin approximately 30km north of the Horseshoe Lights Copper-Gold Mine. The project area was originally targeted on the basis that extensions of the prospective Narracoota Volcanic Formation may extend further to the north under the younger sedimentary units of the Bangemall Basin.
Evaluation of recently collected airborne magnetic data also indicates excellent potential for large intrusive bodies either of mafic-ultramafic or granitic affinity that have the potential to host a range of deposit types including mafic-ultramafic intrusive related nickel-copper deposits (e.g. Voisey’s Bay (Vale), West Musgrave (BHPB)) and/or Iron Oxide Copper Gold (IOCG) deposits (e.g. Olympic Dam (BHBP))
“ Talisman has been granted funding up to $200,000 under the WA State Government Exploration Incentive Scheme (EIS) for an initial deep diamond drilling program to test this concept and a a single 1,500 metre drill hole has recently been completed with analysis of results underway.
Ongoing assessment of the prospectivity of the wider Shelby Project area has recently resulted in Talisman pegging a series of exploration licence applications along strike to the east and west of the original tenement package and significantly increasing the project area.
A first pass assessment of this large project area, including a regional gravity survey and airborne magnetic survey is underway.
