Covid-19 Update

OZ Minerals
Skip to main content
Navigate to home page

Share Price

* 15 min delay

  • EN | English
  • BR | Portuguese
  • Who We Are

    Who We Are

    Find out more

    • Our History
    • Our Purpose
    • Our Strategy
    • Our Team
    • The OZWay
    • Corporate Governance
    • Voice Treaty Truth
  • How We Work

    How We Work

    Find out more

    • Our Culture
    • How We Work Together
    • Think and Act Differently
    • Performance Standards
  • Where We Work

    Where We Work

    Find out more

    • Prominent Hill
    • Carrapateena
    • West Musgrave
    • Carajás East
    • Carajás West
    • Gurupi
    • Exploration
  • Investing in Us

    Investing in Us

    Find out more

    • Why Invest in OZ Minerals
    • Presentations & Speeches
    • Dividend Information
    • Broker Coverage
    • Historical Dividend Information
    • Reports
    • ASX Releases
    • Share Registry Information
    • Annual General Meeting
    • Resources & Reserves
  • Working with Us

    Working with Us

    Find out more

    • What Makes Us Different
    • Our Benefits
    • FAQs
    • Modern Slavery Statement
    • Supplier Partnerships
    • Early Careers
    • Current Vacancies
    • Employment with Contract Partners
  • News

    News

    Find out more

    • Media Releases
      • 2022 Media Releases
    • Key Dates
    • Photos & Videos
    • Sponsorship
Search

Frequent searches

  • How We Work
  • Why Invest In OZ Minerals
  • ASX Releases
  • Working With Us
  • Who We Are

Exploration

By ethically and responsibly exploring for and mining copper we contribute to a low carbon future and economic wellbeing. This helps us achieve our purpose and contributes to a better future.

You are here:

  1. Home
  2. Where We Work
  3. Exploration

Pandurra, South Australia

Ownership: 100% Black Tiger Resources Limited, OZ Minerals Earn-In
Location: Gawler Craton in South Australia.
Target: IOCG Copper – Gold
In Q1 2021, OZ Minerals entered into our first agreement generated by the Drillanthropy initiative.
The agreement, with Black Tiger Resources Pty Ltd, allows us to drill test targets on the Pandurra project, located on the northern portion of the Eyre Peninsula.

Drillanthropy connects data-driven exploration models with the funding to drill and test them.
Funding is open to any tenement holder in Australia with a copper target backed by quality data, Drillanthropy harnesses the power of the crowd and helps us to think differently about traditional exploration targets.

Coompana, South Australia

Ownership:100% OZ Minerals
Location: Coompana Province, far west South Australia
Target: Copper–nickel magmatic sulphide mineralisation
The Coompana Province in South Australia has been the subject of significant investigations by the South Australian Department of State Development in collaboration with PACE Copper, although the areas remain essentially unexplored and provide us with an opportunity to make exciting discoveries. Our tenements cover more than 6000km2 and we are exploring the region for magmatic nickel-copper deposits. 

Mt Woods, South Australia

Ownership: 100% OZ Minerals
Location: Prominent Hill
Target: IOCG copper-gold
OZ Minerals is drilling a number of targets on the Mt Woods Project searching for for further copper deposits to provide additional resources for the Prominent Hill mill. 

These targets have been generated using both data science and conventional techniques with the results being fed back into models to help refine future targeting. is currently drilling

Carrapateena, South Australia

Ownership: 100% OZ Minerals
Location: Carrapateena 
Target: IOCG copper-gold
Exploration is focussing on making further discoveries using both conventional and unconventional targeting methods and we are trialing passive seismic and heat flow needles to help prioirtise existing targets.
These surveys, along with other geophysical techniques such as ground gravity are currently being used to refine drill targets which will be tested in 2022.

Red Metal multi-site exploration alliance, Western Australia

Ownership: OZ Minerals Earning 51%
In January 2019, OZ Minerals entered an exploration alliance with Red Metal Limited to significantly increase our exploration footprint in Australia.
The Alliance gives us an option to fund a series of mutually agreed, proof-of-concept work programs on four of Red Metal’s early-stage projects.

Yarrie
Location: Paterson Province, Western Australia
Target: Copper-gold-cobalt
Large airborne EM survey completed in Q3 2021 with results being interpreted. Targeting large copper gold systems similar to the Winu Deposit recently discovered by Rio Tinto.

Gulf
Location: Northern Queensland
Target: Copper-gold
Drilling of discrete magnetic and gravity features is underway under 400m of sedimentary cover targeting large copper-gold systems similar to the earnest Henry Deposit 

Lawn Hill
Location: Northern Queensland
Target: Copper / Zinc-lead-silver
Further geophysical surveys are planned in 2022 to refine targets for drill testing

Jericho – Queensland

Ownership: 80% OZ Minerals, 20% Minotaur
Location: 65km south-east of Cloncurry, northwest Queensland.
Target: Copper-gold
The Jericho project is one of several joint venture agreements with Minotaur Exploration that is part our footprint in the Cloncurry District of northwest Queensland. Other joint venture agreements with Minotaur include Eloise, Cloncurry Alliance and Breena Plains. The Jericho copper-gold resource (inferred) was announced in mid 2020 as containing 9.1Mt@1.4%Cu, 0.3g/tAu for 130kt Cu and 88koz Au (@0.8% Cu cutoff). Jericho was a grass roots discovery in 2017 by Minotaur and OZ Minerals

Eloise Project – Queensland

Ownership: 70% OZ Minerals, 30% Minotaur
Location: 55km south-east of Cloncurry, northwest Queensland.
Target: Copper-gold
In December 2015, OZ Minerals and Minotaur Exploration entered into a binding Heads of Agreement for the Eloise Project in the Cloncurry region of NW Qld. The Cloncurry Mineral District contains strong mineral endowment in a variety of commodities, including Cu-Au (Ernest Henry, Eloise, Osborne and Mount Elliot/Swan deposits) and Zn-Pb-Ag (Cannington, Pegmont). Exploration continued in 2021 involving drilling and ground geophysical surveys with the aim of discovering further copper and gold

Breena Plains – Queensland

Ownership: 100% Sandfire Resources., Cloncurry Alliance (OZ Minerals and Minotaur Exploration) earn-in up to 75%
Location: Near Cloncurry in north-west Queensland
Target: Copper-gold-lead-silver
In February 2020, OZ Minerals and Minotaur Exploration entered into an agreement with Sandfire Resources to explore the Breena Plains tenement group near Cloncurry in north-west Queensland. This joint venture initialises operations under the Cloncurry Alliance between OZ Minerals and Minotaur Exploration. It incorporates 1,226km² of tenure surrounding our existing Cloncurry projects at Jericho and Eloise The ground is considered prospective for sulphide hosted copper-gold mineralisation, Broken Hill type and Cannington style lead-silver systems and drilling is planned late in 2021 following up geophysical anomalies at The Gap Prospect.

Wollogorang

Ownership: Resolution Minerals Ltd, OZ Minerals Farm-In up to 51%
Location: McArthur Basin, Northern Territory.
Target: Copper
The Wollogorang project in the gulf country of the Northern Territory was added to our portfolio in Q3 2021. Drilling of geophysical targets generated by surface and ground surveys is planned for the first half of 2022 following the completion of heritage surveys and obtaining other statutory approvals. OZ Minerals can earn a majority equity in the project held by Resolution Minerals Ltd and is targeting sedimentary hosted copper deposits in the McArthur Basin.

 Paraiso – Peru

Ownership: Inversiones Mineras La Chalina S.A.C, (OZ Minerals earning up to 100%)
Location: Arequipa district of southern coastal Peru
Target: IOCG Copper-gold
In 2018, OZ Minerals entered an agreement with privately-owned Inversiones Mineras La Chalina S.A.C to progress exploration of the Paraiso project. Historical exploration on the licences has included soil sampling, geological mapping, limited geophysics and drilling of nine holes. The drilling focussed on a small (150 x 150 metre) area near historical workings, and the majority of drill holes intersected copper mineralisation. At the Esmeralda target zone, surface copper oxide mineralisation has been traced over a strike length of 400 metres. At the Casper target a 400 x 300 metre copper-in-soil anomaly has been outlined by previous explorers. Neither target has been drill-tested.

Lannavaara – Sweden

Ownership: Mineral Prospektering i Sverige AB (MPS), OZ Minerals earn-in up to 75%
Location: Norrbotten district, northern Sweden
Target: IOCG copper-gold
In 2018, OZ Minerals entered into an agreement with private explorer Mineral Prospektering i Sverige (MPS) to explore the Project. In 2019, our partnership with MPS expanded to include the Painirova Project in Svappavaara, Sweden. It expanded further in 2021 to include the Sadjem project. In mid-2021, an additional licence was added to to the JV where compelling copper-gold targets have been identified which are planned to be drill trested late in 2021 / early 2022 OZ Minerals can earn 75% of the project by spending US$10m over 66 months and has the right to purchase a further 25% equity.

Painirova – Sweden

Ownership: Mineral Prospektering i Sverige AB (MPS), OZ Minerals earn-in up to 75% 
Location: Svappavaara, Sweden.
Target: IOCG copper-gold, shear-hosted copper deposits 
In 2019, OZ Minerals expanded its partnership with Mineral Prospektering i Sverige AB by signing a new earn-in agreement on the Painirova project in northern Sweden. Painirova is located between the Mertainen iron-oxide–apatite deposit and the active Leveäniemi mine at Svappavaara in Sweden’s most prolific mining belt.
OZ Minerals made an initial commitment to acquire airborne electromagnetic (AEM) data over the tenement package; this was completed in Q3 2019. In 2020 OZ Minerals elected to proceed with the project, and will complete drilling a number of high ranked targets by end 2021.

Sadjem – Sweden

Ownership: Mineral Prospektering i Sverige AB (MPS), OZ Minerals earn-in up to 75% 
Location: South of the Nautanen and Aitik copper and gold deposits in Northern Sweden
Target: Copper-gold 
In 2021, we added a third project with our partner MPS to our pipeline in Sweden. 
The project is along strike to the south of the Nautanen and Aitik copper and gold deposits in Northern Sweden. 
The exploration program will consist of an airborne EM survey, ground verification and drilling which is all planned for 2022. 

Site Information

Navigate to home page

A modern
mining company

  • Who We Are
  • How We Work
  • Where We Work
  • Investing in Us
  • Working with Us
  • News
  • Contact Us

Head Office

Street Address
2 Hamra Drive
Adelaide Airport SA 5950

Postal Address
PO Box 248
Adelaide Airport SA 5950

Telephone: (61 8) 8229 6600
Facsimile: (61 8) 8229 6601
Email: info@ozminerals.com

  • Feedback
  • Sitemap
  • Register for Updates
  • Unsubscribe
  • Disclaimer
  • Privacy Statement
  • Política de Privacidade
  • Requisição dos Direitos do Titular
  • Connect with us on Facebook
  • Connect with us on LinkedIn
  • Connect with us on Twitter

© OZ Minerals 2021 | ABN 40 005 482 824

Scroll to the top

This site makes use of cookies to enhance your site experience and for analytical purposes. By continuing to browse or clicking 'Accept' you agree to the storing of these cookies on your device. To learn more about how we use cookies please see our Privacy Statement