The Mt Sydney Project is located within the East Pilbara province, approximately 300 kilometres southeast of Port Hedland in Western Australia. The Project comprises a single exploration license application which covers an area of approximately 508km2 and is prospective for copper, zinc and lead mineralisation.
To the north of the Mt Sydney Project is the Braeside Zn-Pb-Ag mining district which includes the Ragged Hills mining centre and numerous small mines located along the Braeside Fault zone. The Braeside Fault zone contains high grade polymetallic mineralisation over 30 kilometres of strike with dominant galena and associated sphalerite and chalcopyrite.
work by Rumble Resources (ASX.RTR) has re-evaluated the potential of the Ragged Hills mining camp to the north of the Mt Sydney Project and proposed the hypothesis that the mineralistion at these prospects may represent a volcanogenic massive sulfide system. The prospective volcanic lithologies and structures are interpreted to be present on the Mt Sydney Project but have had little exploration, especially utilising modern day techniques.
Exploration by Rumble has comprised surface geochemical surveys, rockchip sampling and airborne EM surveys, with drilling planned to commence in late November 2017. VR8 plans to follow the same systematic exploration process, including flying its own airborne EM survey.