Mt Cecelia project is on the boundary between the world class copper-gold rich Paterson Province and the Pilbara Craton.
West Wits Mining Ltd (ASX:WWI) has been granted the exploration licence for its Mt Cecelia Project in WA’s Pilbara region, allowing the company to advance the project.
The Mt Cecelia project overlies the geological contact between the copper-gold Paterson Province and the older Pilbara Craton with both terranes prospective for differing styles of gold and base metals.
The Paterson Province is highly prospective for gold and copper mineralisation, including mining operations such as Metal X Ltd’s (ASX:MLX) Nifty copper mine and Rio Tinto’s (ASX:RIO) recently announced WINU exploration results.
Recent Regional Activity
West Wits chairman Michael Quinert said: “Granting of the exploration licence allows the company to advance the project in a region that has been a recent focal point of exploration in the sector.”
The East Pilbara and Paterson Province have seen a significant increase in activity over the past 12 months which has largely been driven by Rio Tinto with the global major increasing its’ tenement area from about 1,000 square kilometres to over 11,000 square kilometres in the region.
The mineralisation in the region is considered to be polymetallic that typically includes lead, zinc, silver, and copper.
West Wits has commissioned a third-party desktop review in March 2019 which is in the final stages of completion.
Once received the exploration team will review the findings, identify the initial target areas and finalise the exploration program.
Source: Proactive Investors Australia, 29 May 2019