| Blackbraes Uranium Project consists of two applications and one existing application approximately 80km south of Oasis in North Queensland.
The exploration targets include uranium, gold, and base metal occurrences within units of the Einasleigh Metamorphics and younger igneous units of the Georgetown Block. Favourable conditions are interpreted from government and open file data sets to exist for Uranium mineralisation along the contact with the Broken River Province in North Queensland.
The applications fall over portions of the Einasleigh Metamorphics within the Georgetown block of North Queensland. BHT mineralisation (e.g. Mount Misery) occurs within the outcropping portions of the Einasleigh Metamorphics to the north of the project area.
Within the outcropping portions of the Einasleigh Metamorphics there has been a moderate to large amount of exploration focused towards base metals and to a lesser extent gold. This exploration has lead to the discovery of a large number of small BHT occurrences that confirm the prospectivity of the Terrane. The tenement area also contains a number of igneous related Au-Ag-base metal veins with potential for Kidston style sub-volcanic breccia systems. A small uranium occurrence also falls within the area indicating prospectivity for Maureen style hydrothermal uranium, thorium and fluorine mineralisation.
Additional potential occurs for roll front or palaeochannel style uranium mineralisation within overlying Mesozoic units.
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