The Nardoo tenement (ELA 09/2156) covers over 131 km2 and is located in the Capricorn region of Western Australia. The project is accessed from Gascoyne Junction by heading east to Dairy Creek, then heading north towards Cobra station. Yinnietharra station is located approximately 85 km north of Dairy Creek along the Cobra Station road; from Yinnietharra the Nardoo tenement can be accessed via station tracks.
The Nardoo project overlies the historical Nardoo & Morrissey Hill workings, with over a tonne of tantalum having been produced from the area in the 20th century. The regional geology is a pelitic and gneissic terrain that has been extensively intruded by pegmatites, which host the tantalum-lithium mineralisation. The largest mapped pegmatite occurs at Nardoo Hill and is estimated to be flat lying, covering 1,000 metres of strike, more than 700 metres wide with a thickness of ‘at least 30-60 metres’.2 This target alone has the potential to produce a significant deposit of tantalum-lithium (Figure 1).
Figure 1. Nardoo tenement application area (red) & prospect locations over regional geophysics
Venus believes the project to be highly prospective for both tantalum and lithium and is presently undertaking a detailed review of the historical exploration data for the region.