Maranoa

Maranoa has two granted Exploration Permits for Minerals (‘EPMs’) in south-central Queensland.  EPM 14260 covers the Darkwater mafic-ultramafic complex, an under-explored body with known nickel concentrations and potential for discovery of nickel-copper-platinum group element (‘PGE’) mineralisation.  The other tenement EPM 14261 covers a known small cobalt resource in the form of manganiferous cobalt, with potential for resource extensions.

Maranoa Tenements

Following the renewal of EPM 14260 for a further 3 years, IBML plans to conduct detailed ground geophysical surveys over the Darkwater ultra-mafic body to delineate drill targets. EPM 14261 was granted to Maranoa Resources in September 2009, and research work is being carried out for target generation.