Redstone in Australia

The team at Redstone has secured an extensive and strategic portfolio of highly prospective properties in the West Musgraves Region in Western Australia, totalling approximately 2,200km². The West Musgraves Region is still one of the least explored Proterozoic terranes in Australia, representing a unique and unparalleled opportunity for greenfields exploration and the potential discovery of world-class deposits.

• The West Musgraves Region has the appropriate geological setting to potentially host world-class Voisey's Bay Ni-Cu-PGE type deposits and Olympic Dam-type iron-oxide copper-gold (IOCG) deposits.
• Discovery of the Nebo and Babel Ni-Cu-PGE deposits within the first year of on-ground exploration by WMC and prefeasibility studies at the giant Wingellina Ni-laterite deposit validates the district as an emerging major mineral province.
• Prior to the commencement of Redstone's exploration program, mineral exploration using modern techniques and exploration models had never been applied to the bulk of the Redstone Tenement Package.
• The project areas have relatively shallow cover and are amenable to modern geochemical and geophysical techniques, allowing for rapid and efficient mineral exploration.
• Formal access agreements with the indigenous Land Council administering the Ngaanyatjarra Reserve are in place for the central Tollu, Blackstone Range, Baggaley Hills and Murray Hills Projects.
• Since listing on the ASX, the Company has been conducting on-ground exploration in the West Musgraves Region. Redstone has completed: seven access clearances with the traditional owners; over 9,000 geochemical samples over 7 tenements; two ground EM surveys; detailed aeromagnetic surveys across the southern part of the project; acquisition of over 2,500km² of additional tenements; extensive geological mapping and geological studies; and over 23,000 metres of RAB and RC drilling.

Distribution of mineral deposits and occurrences in the western part of the Musgrave Block.