The Oscar and Mount (Mt) Hann Diamond Projects are located in the Kimberley Region of WA, Australia’s premier diamond province, hosting world-class Argyle and Ellendale mines. The Company has lodged eight Exploration Licence applications (totalling 2,700km2 ) covering two prospective areas, Oscar and Mount Hann. DevEx identified these opportunities after completing a favourable review of the exploration potential of the region utilising new geological concepts and an innovative approach to the vast amount of historical exploration data available.
Please refer to ASX Announcement – ‘DevEx applies for New Diamond Opportunities, Kimberley WA – 2 July 2018’ for full details.
Figure 1: The Oscar and Mt Hann Projects are located in Australia’s premier diamond district, WA’s Kimberley Region, in close proximity to world-class diamond mines.
DevEx has identified a standout 2km-long coincident lithium and beryllium auger geochemical anomaly within the Dundas Project after the review of recently released auger sampling (+9,000 samples). The identification of lithium -bearing pegmatites in the nearby region points to an emerging lithium province which also includes Tawana Resources NL’s Bald Hill Lithium Project (ASX: TAW), Pioneer Resources Ltd.’s Pioneer Dome Lithium Project (ASX: PIO) and Liontown Resources Ltd.’s Buldania Lithium Project (ASX: LTR).
Figure 2: Location of the Dundas Lithium Project near the town of Norseman, Western Australia.
For the latest project overviews, please view our Investor Presentation.