Mt. Sydney, W.A

Fortuitously located in Western Australia between the Nifty, Woodie Woodie, Telfer, Havieron, and Winu. This is an area well recognised and tenure is secure. Access to tenure is typically through acquisition or earn-in. Fuse’s tenure represents a significant landholding of 1,119km², with 484km² as a granted exploration licence and 635km² under application.

PROJECT INFO

Flagship Mt Sydney Project Overview

  • Strategic landholding (100%-ownership)– located on the under-explored Pilbara Craton - Paterson Province margin in Western Australia.
  • Landholding expanded to 1119km² – via a 635km² tenement application combined with the original 484km² granted exploration licence.
  • Large-scale multi-discovery potential– Fuse’s work to date shows VHMS gossans high-grade polymetallic vein outcrops mineralised breccia and magmatic copper-nickel drill targets across this very large area of tenure.
  • Tier 1 potential – supported by deposits such as: Havieron / Telfer / Winu / Woodie Woodie and our immediate neighbour; Cyprium Metals Limited’s (ASX: CYM) Nifty Deposit.
  • Limited past exploration – only 1106m of drilling over 484km²
STRATEGIC LOCATION

Prime location adjacent to world class deposits

Positioned next door to Cyprium (ASX:CYM) Nifty Mine – the Nifty Copper Deposit and Maroochydore Deposit to the southwest combine for resources of >1.4 Mt of Copper. Representing one of the largest copper development projects in Australia.

New tenure very difficult to obtain – with surrounding deposits such as Nifty, Woodie Woodie, Telfer, Havieron, and Winu. This is an area well recognised and tenure is secure. Access to tenure is typically through acquisition or earn-in.

Application submitted – for an additional 635km² of highly prospective exploration area south of Mt Sydney.

EXPLORATION RESULTS

High grade copper, lead and silver results support multiple drill targets

Recent assays have confirmed high-grade base metal rock chip sampling, delivering up to 21.10% Copper (Cu), 27.20% Lead (Pb), 0.43% Zinc (Zn) and 640 g/t Silver (Ag).

Reconnaissance of VTEM anomalies discovered two new gossanous areas, Harrison Prospect and Chapman Prospect, both indicative of a VHMS style mineralisation, while another gossanous sample on the western side of the Antiform Gabbro magmatic sulphide target, at Wills Prospect, returned 6.07% Cu and 0.15% Ni.

Base metal anomalous rock chips are associated with limestones and correlate with a conductor at Smith Prospect; while multiple areas of polymetallic base metal bearing quartz veining have been identified for follow up across the project area.

Lead bearing breccia and polymetallic veining has been identified in the north of the tenement along with gossanous float grading up to 0.15% Cu. These areas remain to be systematically investigated.

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