Canada
Firetail has executed a Binding Option Agreement for the acquisition of up to 80% of Skyline Copper Project (formerly York Harbour Project) via a staged earn-in.
Skyline Copper Project is located in Newfoundland Canada and is a Cyprus-style volcanogenic massive sulphide (VMS) exploration project, located 180km west-south-west of FireFly Metals Ltd (ASX:FFM) Green Bay Copper Project. The Skyline Project Advanced brownfield opportunity, with small scale historical production and only shallow exploration (<300m depth) completed.
Peru
Firetail Resources owns 70% of the Picha and Charaque Projects in Peru:
The Picha Project, located in the Moquegua and Puno Departments of southern Peru covers around 200km2 and is a copper-silver exploration project, prospective for multiple styles of copper mineralisation including epithermal, stratabound, CRD and porphyry related.
The Charaque Project, located 30km north-east of the Picha Copper Project and comprises of eight claims covering an area of around 60km2.
Australia
Firetail Resources has established an extensive battery minerals focused portfolio of exploration assets across Western Australia and Queensland.
Yalgoo & Dalgaranga Li Projects, both located in Western Australia and cover >1,850 km2 in the highly prospective Murchison region with known LCT pegmatites together with a strong rubidium association.
Mt Slopeaway Ni-Co-Mn Project, located in central Queensland and contains an existing JORC 2012 compliant Inferred Mineral Resource of 4 MT @ 1% Ni, 0.2% Co and 1% Mn with substantial exploration upside.
Paterson Cu-Au Project, located in Western Australia targeting porphyry copper-gold molybdenum across five granted tenements covering >1,000 km2. The Paterson Cu-Au Project has the shallowest historical copper/gold intercepts in the Paterson region with up to 6.5% Cu, 0.99g/t Au and 1,330ppm Mo across an approximate 50m wide magnetite alteration zone.