Nov 10, 2019
Strategic ready for big reveal at mysterious geological site Australia
2 MIN READ
Pooled development fund manager and mineral explorer, Strategic Elements, is inching closer to revealing the source of a mysterious geological feature at its Behemoth project in the Gibson Desert region of Western Australia, with almost all of the logistical and statutory approvals now in place that are required to get the rods turning on site.
Strategic’s Behemoth project houses three large, as-yet unexplained, buried geological features that have formed distinctive circular shapes identified from geophysical magnetic data. Geoscientists are divided in opinion as to the source of the “ring complexes”; one school of thought is that they could have been formed as a result of meteorite impacts.
The Perth based ASX listed company is chasing lucrative accumulations of precious metals, base metals and rare earth elements that are known to be associated elsewhere in the world with meteorite impacts such as in the Sudbury basin in Ontario, USA.
When the Sudbury meteorite hit the earth, some 1.8 billion years ago, the impact crater, believed to be up to 250km wide, filled with magma containing nickel, copper, platinum, palladium, gold and all sorts of other nice to have metals.
Not surprisingly, Sudbury is now a major mining community and one of the worlds leading suppliers of nickel and copper.
The Behemoth prospect area has been the subject of historical surface exploration, with the CRA detecting strongly anomalous gold in soil geochemistry results peaking at 119 parts per billion or “ppb,” adjacent to the ring feature.
To put these gold anomalies into context, the plus 6 million-ounce Tropicana gold mine was discovered by AngloAshanti in 2005 courtesy of a 10ppb to 30ppb soil anomaly, identified some 15 years earlier by WMC, but never followed up.
Strategic’s 100% owned Maria Resources recently ran a detailed ground gravity survey at the project that identified a massive, dense body of material that appears to be buried wholly within the 15km-wide ring structure.
Following on from the successful gravity survey, the company ran an Induced Polarisation, or “IP” survey across the Behemoth ring. IP is a geophysical imaging technique used to identify the electrical chargeability of subsurface materials, such as massive sulphides.
Interpretation of the IP survey results turned up three large, multi-kilometre sized chargeable zones, which indicate the potential for accumulations of disseminated sulphides that are potentially prospective for base metals, precious metals, rare earths and rare metal mineralisation.
Strategic has also been awarded a $150,000 from the WA government via the State’s “Exploration Incentive Scheme” that the company will put towards a program of exploratory scout drilling at Behemoth. The exciting drilling program will target the large buried gravity anomaly in addition to the recently identified IP anomalies.
The EIS is a highly competitive process determined by independent experts and has resulted in a number of mineral discoveries in WA, including the Nova–Bollinger nickel-copper system by Sirius Resources in 2012 and Independence Group’s Fraser Range Andromeda copper-zinc project.
Strategic Managing Director Charles Murphy said: “It’s a high-risk, high-reward project however, with EIS grant funding and R&D rebates we have structured it to be as cost-effective as anyone could make it.”
“The project fits squarely with our focus on highly innovative ventures seeking very large-scale upside. To say there is a lot happening across our three main projects (drilling at Behemoth, AI and robotics in Stealth Technologies and the Nanocube Printed Memory) is an understatement
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