The Lake Macleod project consists of five tenement applications over previously drilled Gypsum deposits in the Lake Macleod area, Western Australia. Two are located to the east of Rio Tinto's existing Gypsum and Salt operations and two to the north of Lake Macleod. Areas of the ground have been subject to previous exploration. The previous reporting carried out on this ground details estimated tonnages, ore grades and project feasibilities.
Proximity to transport infrastructure
Local infrastructure includes a ship-loading facility located at Cape Cuvier, currently used by Dampier Salt (a subsidiary of Rio Tinto). The gypsum from the Dampier Salt operation is transported by haul trucks to the port of Cape Cuvier for stockpiling. Vessels are loaded by conveyor from the stockpile along the jetty. Cape Cuvier is a deep-water port capable of accommodating vessels of up to 100,000 tonnes and is in relatively close proximity to the Lake Macleod tenements.
Product
Gypsum currently produced at Lake MacLeod by Rio Tinto is of a high purity level, offering advantages for production processes associated with wallboard, cement, and plasters. The finer particle sizing of Rio's Lake MacLeod gypsum offers capital and operating cost saving potential and exhibits minimal dust generation.
Strategy
The Company intends to carry out verification drilling of the deposits in order to define JORC compliant resources in conjunction with negotiating access to the existing port load-out facilities and negotiating an off-take agreement with interested parties.
Lake MacLeod Project Location
Lake MacLeod Tenement Map