West Wits’ Mt Cecelia Project is located approximately 150km ENE of Marble Bar, 150km NW of Telfer Mine and 120km NNW of Nifty Mine (aerial distance). The region is considered one of Australia’s most prominent addresses for mineral exploration with several joint venture agreements being reached since RIO’s WINU discovery, approximately 70km E of Mt Cecelia, and AIM-listed Greatland Gold’s Haverion Project E of Telfer.
RIO’s extensive 2018 pegging campaign included ELs covering over 60% of Mt Cecelia’s border with its local interest increased through the $6m farm-in and joint venture agreement with Carawine Resources (ASX:CWX) to explore CWX’s Baton Project which sits on Mt Cecelia’s SE boundary.
West Wits signed an access deed with RIO Tinto (RIO) in October 2019 and RIO submitted a Program of Works in January 2020 to build tracks on the Mt Cecelia tenement area to access their surrounding ELs. RIO’s activity is an indication of the prospectivity of West Wits’ Mt Cecelia Project and improves the Company’s tenement access with the construction of tracks.
Mid-tier miner IGO Limited (ASX:IGO), has also demonstrated a strong interest in the region having completed a $15m earn-in agreement with Encounter Resources (ASX:ENR) at ENR’s Yeneena Project. IGO’s interest extends via the execution of a $32m Joint Venture term sheet in June 2020 with Metals X (ASX:MTX) at MTX’s Paterson Exploration Project (PEP), but excludes the historically significant Nifty Mine. Both Yeneena, PEP and Nifty are located to the south of West Wits’ Mt Cecelia Project along the Vines Fault.
Heli-borne Electromagnetic Survey
In 2020 West Wits completed a SKYTEM Heliborne Electro-magnetic (HEM) survey over the Mt Cecelia Project which successfully identified eight target areas for further exploration. Of the eight target areas identified, four was classified as “high priority.” The survey covered the 225km2 tenement area, flying 1,205km survey lines at 200m spacing and 30-50m.
Specialist survey team, Wireline Services Group performed a MLTEM survey in August 2021, consisting of 16 Lines totalling 14.2km across the 4 priority targets identified in Southern Geosciences Consultants HEM Survey Report. SGC performed the MLTEM survey analysis and reporting which confirmed the anomalies and refined the drill target modelling for West Wits’ maiden drilling campaign, scheduled for the 2022 field season.