Critical Minerals

In 2023 Alice Queen made a strategic decision to obtain projects that diversify from its primarily gold and copper exploration portfolio.

Byrock

Byrock is located approximately 65km SSW of Brewarrina in NSW and is adjacent to Sky Metals’ Doradilla REE Project (ASX: SKY) and Legacy Minerals (ASX: LGM) and covers an area of approximately 1,632km2.

NSW Geological Survey (source Minview), illustrates that the “Compton Downs Granite” within the license area extends over a length of ~7km and it is described as, “Granodiorite with local pegmatite and variably altered.”.

The extent and geochemistry of the pegmatites described is currently unknown, however they demonstrate significant potential and warrant exploration programs incorporating mapping and sampling to assess.

In addition to the highly prospective pegmatites, Byrock also includes other mineral occurrences including gold, tin and copper within the application area.

Gongolgon

Gongolgon is located in NSW approximately 37km south of Brewarrina and 35km east of Sky Metals’ Doradilla project and covers an area of approximately 1,440km2. The license area covers a large gravity low anomaly indicative of a very extensive granite intrusion complex.  On the southern edge of the anomaly, there is a small area of outcrop of Gongolgon Granite. Much of the rest of the Project area is under shallow younger regolith cover and is completely unexplored.

The Gongolgon Granite is reported in Blevin, 2011 (NSW Geological Survey report GS2011/0624) as follows: “This is a highly evolved, fractionated I-type granite with high values of W, U, Th and REE. The presence of tourmaline and other metasomatic indicators suggest it has interacted with a magmatic volatile phase during crystallisation and cooling. This granite has a high metallogenic potential for Sn-W and related mineralisation.”

Historical chemical analysis of limited sampling in the same Blevin report, shows the Gongolgon Granite and the Midway Granite (at Sky Metals’ Doradilla where strong REE have been found) demonstrate roughly similar anomalous REE levels. Thus, weathered areas of the Gongolgon Granite may have enriched clay REE potential.