Regener8 (ASX: R8R) unveils multi-commodity targets at East Ponton
Regener8 Resources have confirmed scores of critical metals targets across its recently acquired Seven Sisters tenements as part of the East Ponton Future Metals Project.
Geophysical and desktop studies using historical data have confirmed the potential for multi-commodity critical metals in the area.
Specifically, rare earth elements in carbonatite deposits within the tenements are possible.
Additionally, the area shows potential for lithium, IOCG deposits, and gold. Historical drill holes have revealed unassayed pegmatite intercepts for lithium, a coincident magnetic and gravity anomaly for IOCG, and gold intercepts of up to 3m at 2.55g/t Au.
East Ponton Future Metals Project Map
Geophysical anomalies similar to the nearby Cundeelee Intrusion have also been identified but have yet to be explored.
“The Seven Sisters tenements are revealing exciting, multi-commodity potential that spans across critical, base and precious metals,” Managing Director of Regener8 Managing Director Stephen Foley said.
“Historical exploration programs have laid the groundwork for Regener8 to ‘lift the hood’ and take a wide-ranging view of the tenements’ potential by applying modern exploration techniques.
“This approach has unlocked numerous encouraging commodities and targets which we look forward to investigating further over the coming months.”
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