Alice Queen Limited’s (ASX: AQX) applications for two highly prospective critical minerals projects in New South Wales (NSW) have been granted.
The Gongolgon and Byrock Projects cover an area of ~3072 sq. km.
Byrock is located approximately 65km SSW of Brewarrina in NSW and is adjacent to Sky Metals’ Doradilla REE Project (ASX: SKY) and Legacy Minerals and covers an area of approximately 1,632 sq. km.
NSW Geological Survey illustrates that the “Compton Downs Granite” within the license area extends over a length of ~seven km and it is described as, “Granodiorite with local pegmatite and variably altered.”
The extent and geochemistry of the pegmatites described is currently unknown, however they demonstrate significant potential and warrant immediate exploration programmes incorporating mapping and sampling.
In addition to the highly prospective pegmatites, Byrock also includes other mineral occurrences including gold, tin and copper within the application area.
Gongolgon is located in NSW approximately 37km south of Brewarrina and 35km east of Sky Metals’ Doradilla Project and covers an area of approximately 1,440 sq. km.
The license area covers a large gravity low anomaly indicative of a very extensive granite intrusion complex. On the southern edge of the anomaly, there is a small area of outcrop of Gongolgon Granite.
Much of the rest of the Project area is under shallow younger regolith cover and is completely unexplored.