Copper Bowl — George (EPM 28675) — Ulara Resources
A high-priority magnetic anomaly exploration target in the Bowen Basin, covering 19,000 hectares. The tenement contains one of the largest untested magnetic anomalies in the region, indicating a potential deep-seated intrusive system with high mineralisation potential.
Copper Bowl combines a magnetic, deposit-related leuco-diorite intrusive body with depleted radiometric signatures indicative of a preserved system capable of hosting intrusive-related copper (± gold, silver, molybdenum) mineralisation. The intrusion shares age, composition and setting with the Mt Flora deposit (16 Mt @ 0.5% Cu, 6.9 g/t Ag, 115 km south) and the Gibraltar porphyry (315 Mt @ 0.35% Cu) in British Columbia, Canada.
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Project facts
EPM 28675 · 19,000 hectares · Exploration · Gold, Copper, PGEs
Key highlights
Large-Scale Magnetic Anomaly (3.5 km × 4.0 km)
- A high-intensity magnetic feature unexplained since its discovery in 1994
- The anomaly aligns with deep-seated gabbroic intrusions, commonly associated with nickel, copper, and platinum group elements (PGEs)
- Magnetic lows surrounding the anomaly suggest hydrothermal alteration zones, reinforcing the likelihood of mineralisation
Structural and Geological Favourability
- Positioned along major fault zones, creating ideal conditions for fluid migration and ore deposition
- Contrast between high-magnetic and low-magnetic zones suggests a combination of intrusive and hydrothermal mineralisation systems
- Magnetics and radiometrics define a large intrusive related mineral system, with a strong magnetic high interpreted as a buried intrusive body, adjacent magnetic lows suggesting alteration or structural disruption, and radiometric potassium depletion indicating hydrothermal fluid activity commonly associated with gold and copper mineralisation.
Independent Geological Review (Dr Simon Richards, KGS) — Copper Bowl
- Reviewed as the 'Copper Bowl' project: a copper-focused, intrusion-related target with virtual first-mover opportunity
- Primary target is a Cretaceous leuco-diorite intrusion along the eastern margin of the Bowen Basin, hosted within Permian sediments
- Direct analogue to the Mt Flora deposit (~115km south) — 16 Mt @ 0.5% Cu and 6.9 g/t Ag — and shares similarities with the Gibraltar porphyry, BC Canada
- Targeting vein- and contact-hosted copper, silver, gold and molybdenum mineralisation
- Previously held by Evolution Mining with very little work completed; proximal to the Mt Leslie porphyry (<10km)
- Short-term opportunity identified as high-resolution geophysics followed by discovery drilling
Project questions
Where is the George project?
George (EPM 28675) is located in Bowen Basin, Queensland.
How large is the George tenement?
The George tenement covers 19,000 hectares.
Which commodities does George target?
The project targets Gold, Copper, PGEs. Its current status is exploration.
Does George have a declared Mineral Resource?
Ulara has not declared a Mineral Resource or Ore Reserve for this project. Historical exploration results and surface samples do not establish average grade, continuity or an economic deposit. Nearby deposits are geological context only, not predictions of results at Ulara's tenements.