A Copper-Rich VMS System Situated in the Yilgarn Craton
Located approximately 17 km east of Menzies within Western Australia’s Mid West Yilgarn Craton, Breakaway Dam is a copper-dominant Volcanogenic Massive Sulphide (VMS) system supported by strong technical foundations and demonstrated exploration momentum.
Aligned with our continued strategic focus on Central Yilgarn and its primary gold growth platform, Breakaway Dam represents a compelling base metals exploration opportunity with additional gold potential.
To date, diamond drilling and downhole electromagnetic (DHEM) surveys have confirmed a copper-rich VMS system, establishing a clear geological framework for further exploration.
Textbook VMS Geological Features Bodes Favourably for Exploration
Mineralisation at Breakaway Dam occurs within a consistent stratigraphic position, hosted by fine-grained metasedimentary units overlying a porphyritic basalt sequence. Sulphides occur as semi-massive to disseminated horizons, with associated footwall stringer mineralisation extending into the underlying basalt.
The presence of metal zonation, laterally continuous sulphide horizons and footwall stringer mineralisation supports interpretation of Breakaway Dam as a copper-rich VMS system.
These characteristics offer a defined pathway for advancement and the potential to grow through a staged, considered approach.
Importantly, it complements the Company’s existing gold assets and supports a broader strategy focused on building a balanced and scalable exploration portfolio.
Robust Past Campaigns and Geophysical Results in Numerous Compelling Areas
Diamond drilling completed to date has intersected sulphide-rich horizons in all drill holes, supported by strong downhole electromagnetic responses. Significant copper and zinc mineralisation has been confirmed over approximately 700 metres of strike within the central project area.
Mineralised zones average approximately 10 metres true width, with individual higher-grade copper intervals approaching 2% Cu.
Key intersections include:
- 9.2 m @ 0.48% Cu (incl. 0.95 m @ 1.18% Cu and 1.7 m @ 1.05% Cu)
- 1.47 m @ 1.97% Cu and 0.24% Zn
- 4.2 m @ 0.32% Cu and 0.29% Zn
In addition to drilling, Geophysics work – namely Downhole EM surveys – have identified multiple strong conductors, including high-conductance EM plates that remain untested and represent priority follow-up targets.
Interpretation suggests previous drilling intersected the margins rather than the centres of sulphide bodies, providing clear vectors to assess continuity, geometry and tenor.
Beyond the central mineralised corridor, a prospective stratigraphic trend extends approximately 16 kilometres, highlighting district-scale potential. The geological setting is also considered prospective for gold.
Focused Exploration Plans to Advance Project System and Identify Scale Opportunity
With the mineral system defined and priority target identified, Breakaway Dam has progressed into focused evaluation of the most prospective mineralised zones.
Ongoing exploration draws on existing drilling results, downhole geophysical data and ongoing geological interpretation to test the continuity and extent of mineralisation and to assess whether the system remains open along strike and at depth.
