Bonaventura Project

The Bonaventura Project comprises a large exploration package of 415km² in the northern part of Kangaroo Island and covers highly prospective geology and historic mines along 55km of strike of the regional scale Cygnet-Snelling Fault. Bonaventura has four zinc – copper targets, Dewrang, Vinco, Grainger and Kohinoor.

2018 Drilling Programme

Drilling at the Grainger Zinc Prospect intersected significant vein sets of zinc-lead mineralisation in fresh rock at shallow depth, best intercepts include:

• 6.0m at 1.53% zinc and 0.21% lead from 28.3m, including 1.0m at 4.50% zinc and 0.34% lead from 33.3m (BVDD-012)
• 7.0m at 1.65% zinc and 0.26% lead from 64.2m, including 1.0m at 4.14% zinc and 0.66% lead from 70.2m (BVDD-012)

Further drilling at the Dewrang Prospect intersected significant base-metals mineralisation coincident to a previously defined 1.5km geophysical IP anomaly.