The Mount Short tenement E74/651 secures a 50km2 area of the Ravensthorpe Greenstone Belt, prospective for lithium, volcanogenic massive sulphides (VMS), nickel massive sulphides, rare earth elements and structurally controlled gold mineralisation. Ultramafics of the Ravensthorpe Greenstone Belt alternate with metasediments and banded iron formation units, all disrupted by north-west trending thrust faults, interpreted as conduits to mineralisation. North east to east-west striking dyke swarms crosscut the Archean granite and greenstone units.
A total of 246 holes were historically drilled, mostly shallow air core (50 holes) and rotary air blast (RAB – 171 holes) designed to penetrate the regolith. A limited suite of analytes was obtained but logging confirmed that pegmatites were intersected. Traka Resources drilled 10 deep diamond drill holes and 15 RC holes during their tenure from 2005 to 2017.
The very limited outcrop and agricultural land use limits surface exploration to after harvesting late in the calendar year.
Traka conducted a detailed aeromagnetic survey and a ground EM survey in 2010, defining a number of EM anomalies as illustrated in the figures below. Historical drilling has targeted these anomalies with limited success.
Location and regional geology of the Mount Short Project
Anax carried out soil and rock chip sampling in late 2021 which generated rare earth anomalism coinciding with a 20km strike of magnetic ultramafics mapped by GSWA.
In August 2023, Anax entered a Farm-In and Joint Venture Agreement with Woomera Mining Limited. Woomera operate tenure to the south of Mount Short and have interpreted the Mount Short tenement to be along strike for lithium prospectivity. Drilling is currently being planned to intersect historically drilled pegmatites.
Traka Resources’ Detailed Aeromagnetics and Moving Loop TEM Survey Anomalies, 2010