Fuse Minerals Ltd
Now raising funds to rapidly progress exploration on the Mt Sydney Project. Fuse Minerals has secured 454 square kilometres of prospective exploration tenure between Nifty Copper and Woodie Woodie Manganese mines, on the edge of the Pilbara Craton and Paterson Province in Western Australia. Recently the company has acquired the full dataset for a project wide VTEM geophysical survey. VTEM is an airborne geophysical survey method designed to identify bedrock conductance. Conductors can represent graphite, manganese, hyper-saline ground water, iron sulphide and base metal sulphide accumulations. A previous review of the VTEM survey identified 17 priority conductor targets on the Mt Sydney Project. Cross referencing those targets with past rock chip samples, shows an apparent association between some conductors and positive base metal assays. Potentially of most significance (and excitement), is an area of coincident conductive and magnetic response associated with mapped mafic-ultramafic intrusive rocks; combined with the location at the craton margin this target shows some potentially significant similarities to the Gonneville Ni-Cu PGE deposit in Chalice Mining’s Julimar Project near Perth. Mt Sydney represents an exciting first project for Fuse Minerals.
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