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 About Planet Metals Limited |
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Projects and Operations
Planet Metals Limited has interests in three Queensland projects with a focus on gold and copper.
Mount Cannindah Copper-Gold Project, 100km south of Gladstone
• Large gold bearing porphyry copper system with significant depth potential
• Total resources of 5.5Mt @ 0.92% Cu and 0.34g/t Au
• Drilling completed in December 2012 confirmed the presence of massive sulphides associated with lower temperature mineralogy justifying the taget concept
• Future exploration will focus on a potential gold zone to the south of recent drilling in the Southern copper skarn unit
Mount Borium Gold Project, 20km north of Kidston
• Located between the historic Kidston gold mine and Einasleigh copper mine
• Highly mineralised gold-bearing porphyry system
• A 7-hole RC drill program was completed in December 2012 with results confirming the project's prospectivity.
• A comprehensve geophysical review of key areas within the project area has identified a significant porphyry copper target at Arthur's Gully. Nearby soil sampling and RAB drill results confirm the presence of gold-copper mineralisation.
Oak River Uranium-Gold Project, adjacent to Mount Borium
• Field work has confirmed presence of Uranium mineralisation
• Key exploration targets have been identified
• Planet is seeking a JV partner for this project
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