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Projects and Operations

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 and regional potential
Total resources at the Mount Cannindah prospect only of 5.5Mt @ 0.92% Cu, 0.34g/t Au & 14.9g/t Ag
Future exploration will focus on a potential gold-copper zone in the Southern copper skarn unit, less than 2km from known resource and still within granted mining leases.

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
Planet is seeking a JV partner for this project