Three Springs Base Metal Project
S2 holds a 100% interest in two exploration licences covering approximately 361 square kilometres at the Three Springs project, located within the Midlands wheatbelt, approximately 260 kilometres north of Perth. The project area is considered prospective for magmatic nickel-copper-PGE mineralisation, covering several prominent magnetic features, interpreted to be mafic-ultramafic intrusions
The project area is located proximal to the Darling Fault within the newly identified Western Yilgarn nickel-copper-PGE province that host the Julimar deposit (ASX:CHN). S2’s model is supported by Geological Survey of Western Australia (GSWA) mapping that identified ultramafic serpentinite in limited outcrop within one of the targets. The project area has never had any exploration for nickel or copper.
S2 has negotiated landholder access agreements over several key targets and will commence on-ground exploration in early 2022, to fit in with local farming cycles. Initial activities will include mapping, auger geochemical sampling and moving loop electromagnetics surveys.
S2 would like to acknowledge the traditional owners of the land on which the Three Springs project is located, the Yamatji Nation, and we pay respect to their elders past, present and emerging. See also Working With Traditional Owners
S2 also recognises that the area is home to a diverse community of stakeholders and hopes to work together with agricultural landowners, aboriginal representatives as well as the local residents and businesses of Three Springs, Perenjori and Carnamah in a collaborative and constructive manner to unlock the economic potential of the area whilst preserving its environmental values and quality of life for all. See also Community Relations