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Mulga Bill: High Grades Continue as Geophysics Upgrades Size Potential

Mulga Bill: High Grades Continue as Geophysics Upgrades Size Potential

Interpretation of the recent high-resolution gravity survey combined with reprocessing of previous VTEM data has emphasised the scale of the Mulga Bill mineralised corridor, particularly a 3km-long section where coincident gravity and conductive features present a high priority exploration target extending to depth.

Geophysical consultants Terra Resources have reprocessed the Company’s Side Well VTEM data and interpreted it in parallel with the recently-completed high-resolution gravity survey. By using the VTEM data to remove the overburden effect from the gravity data a much clearer image shows a high-gravity trend corresponding to the Mulga Bill corridor.

Read the full announcement here.