Regional Exploration continues to be a focus for PBIX with many quality targets present across the  priority tenements of EL8725 – Taurus, EL8724/EL9463 – Leo/Astra as well as new tenure EL9417 – Pulsar which contains the exciting Mountain Tank Prospect. Grass-roots projects will continue to be assessed with early stage reconnaissance across the entire portfolio.

EL8725 – Taurus

Exploration targets on the highly prospective EL8725 Taurus tenement that exhibit soil geochemical anomalism across favourable geological contacts with  coincident geophysical signatures include:

• North / South Mt McKellar – mineralisation at Mt McKellar is open in both directions
• Burthong – Very strong, 0.7km long soil Pb geochemical anomaly coincident with IP chargeability anomaly and outcropping Pb-Zn mineralisation.
• Custard Cluster – Very strong, 1.6km long soil Pb geochemical anomaly coincident with IP chargeability anomaly and drilled Pb-Zn mineralisation.
• Deadman’s Tank – Under cover target that shows a strong IP chargeability anomaly across a favourable geological contact and elevated Cu geochemistry where in situ soils have been sampled
• Monte Carlo North – along strike form Mt McKellar
• B1 and B2 Gravity Anomalies
• Sleeper – large, strong gravity anomaly