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Myrtle Zinc Project, Australia

 

Project Description

The Myrtle zinc-lead deposit is located 17km south of the McArthur River (HYC) zinc-lead mine in the Northern Territory. It is a sedimentary hosted (SEDEX) zinc-lead deposit, where an Inferred Mineral Resource of 37 million tonnes grading 4.2% Zn and 1% Pb has been delineated. A higher grade core of 8.2 million tonnes grading 6.4% Zn and 1.9% Pb is also present.

The Myrtle tenement, EL 10316, covers an area of 378.6km2 or 115 sub-blocks. Thick drill intercepts of prospective stratigraphy carrying significant zinc-lead grades have been made but only a small portion of the prospective resource area has been drilled and a large mineralised system is indicated.
 
Mineralisation occurs at a number of locations on the tenement as listed and shown below, all within the regional McArthur Basin. Two types of zinc-lead mineralisation are targeted:
  • Stratiform mineralisation (hosted by the HYC Pyritic Shale Member of the Barney Creek Formation), eg. the HYC deposit, and the W-Fold, Emu Plains, Berjaya, Mitchell Yard, Myrtle and Barney Creek prospects.

  • Stratabound mineralisation (epigenetic breccia and open space infill within dolostones, with MVT affinities), eg. the Cooley I, II, III, Ridge I, II, Cooks, Cox, Squib, Turnbull, and Reward deposits, and the Bald Hills, Barneys, and Buffalo Lagoon prospects.

 

Myrtle Zinc Project Location

Being located adjacent to the McArthur River mine means that infrastructure installed for that operation (e.g. bitumen roads, gas pipeline, bitumen airstrip) will be able to be shared with Myrtle. Access to the concentrate ship loader at the Bong Bong port is also a possibility.

Share Price

Current Share Price
$0.018
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Contact Address

Rox Resources

ABN 53 107 202 602

Level 1, 30 Richardson Street, West Perth, WA, 6005

T: (08) 6380 2966

F: (08) 6380 2988

E: admin@roxresources.com.au