Overview
Highlights:
- Secured landowner access and exploration agreements across its principal target areas in North East Scotland covering over 7,500 hectares (75 square kilometres).
- Targeting "conduit-related magmatic sulphide" nickel-copper-cobalt deposits within favourable regional geology comparable to productive global nickel belts.
- A district-scale heliborne electromagnetic geophysical survey (SkyTEM) in September 2022 delivered proprietary vectoring data and provides unique visibility on structure and potential feeder zones.
- Drilling at the Arthrath Project has confirmed a large sulphide system and included breakthrough intercepts of massive sulphide mineralisation.
- Positive mineralogy results indicate that all nickel, cobalt and copper are in sulphide mineral forms readily amenable to froth flotation processing.
Project features:
- Base metal mineral rights in the UK vest in the freehold landholder (unless severed), not the state or Crown
- We have formed an exploration package of scale through partnership and cooperation with landowners
- Aberdeenshire Local Development Plan identifies the Arthrath deposit as a “safeguarded site” whereby other forms of development are discouraged to prevent mineral resources being sterilised
- Outstanding infrastructure – national roads, grid power, nearby ports at Aberdeen and Peterhead
- Active extractive industry in Scotland including multiple quarrying operations near our exploration projects
- Access to a skilled workforce – Aberdeen’s offshore industry
- Gentle topography, moderate climate, open to year-round exploration work
- Coordinated policy consultation via industry body Critical Minerals Association
