NMR holds a large portfolio of world class exploration tenements in Queensland and Western Australia prospective for copper/gold and gold mineralisation with the intention of developing deposits into operations that create significant value for shareholders and stakeholders alike.
In Queensland the tenement portfolio includes the world renowned Palmerville project situated along 130km of the Palmerville fault within a geological domain which provided the Mungana, King Vol, Red Dome and Girofla polymetallic and copper/gold deposits. At Mt Morgan, close to Rockhampton, NMR holds EPM 17850 the Mt Morgan Project highly prospective for copper and gold deposits and a stone’s throw from the historic Mt Morgan mine.
In Western Australia NMR’s presence includes three exploration licences and one EL application covering 504km2 of the Yilgarn Craton, one of Australia’s premier mineral provinces and close to operating gold mines. The area is underexplored and has the potential to offer opportunities to discover relatively new concepts of mineralisation style.