The Paterson Project comprising two granted tenements covering 219km2 is located approximately 250km north east of Newman at the western edge of the Great Sandy Desert in the Eastern Pilbara region of Western Australia. These tenements are close to several world class mineral deposits including Nifty (39.96Mt grading 1.97% copper), Telfer (400Mt grading 0.93g/t gold, 0.18% copper) and Kintyre (4Mt grading 0.58% U3O8).
E45/4543 contains the historical Eva Well base metal silver prospect on which no modern exploration has been carried out. A historical hole drilled beneath a gossan returned peak assay values from various individual 2m samples up to 0.25% copper, 0.14% lead, 0.52% zinc and 46g/t silver. The hole encountered 26 metres grading 25g/t silver from 59 metres depth.