The Torrens joint venture project covers 818 km2 along the eastern limit of the Gawler Craton in a similar structural setting as the nearby Olympic Dam and Carrapateena deposits. This report outlines exploration undertaken during the period 25/11/2019 – 24/11/2020.

The tenement area is located in the Flinders Ranges, approximately 100 km north east of Port Augusta. The company is testing the prospective potential for IOCG-style mineralisation associated with intrusive breccias hosted in Marinoan Metasediments overlying the Gawler Craton Archean basement. Exploration activities during the period included a desktop study of open file historical exploration reports available through SARIG, which included the digitisation and georeferencing of historical geophysical and geochemical data. Government airborne magnetic and gravity survey data acquired via SARIG was also reprocessed and modeled. Preliminary inversion modelling of government gravity and magnetic data at the Torrens project has identified a number of geophysical targets that warrant further testing.