Prairie Downs Metals has identified nine high-priority targets that are expected to deliver long-term prospects at its namesake project in Western Australia.
According to the company, exploration evaluation programs are currently being designed and budgeted to maximise project value and get ground work underway at the site.
The targets, containing channel iron ore, gold, uranium, and main lode base metal mineralisation, will be subject to detailed modelling, on-ground mapping, soil and rock-chip sampling before development kicks off.
According to the company, Prairie Downs is in a ‘strong financial position’ to develop the targets, which will deliver long-term growth and benefits to shareholders.
The company is also continuing to explore potential joint ventures and investment opportunities to increase its high grade resources and stimulate growth prospects.
The Prairie Downs’ Base Metal Project is located approximately 100 km southwest of Newman in the East Pilbara region of Western Australia.
The company has completed over 300 drill holes at the site since October 2005, revealing resource estimates of 295,000t of zinc, 83,000t of lead and 2.6Moz of silver.