NFL – Norfolk Metals | Aussie Stock Forums

Norfolk Metals Limited is a soon to be ASX listed exploration Company holding the Roger River Gold Project and the Orroroo Uranium Projects.

The Roger River Gold Project comprises one granted exploration licence, EL20/2020, and one exploration licence application EL17/2021, which together cover 261km2, located 410km northwest of the capital city of Hobart, Tasmania. The Project is prospective for gold as indicated by the intense silicification, argillisation and diatreme breccias in close proximity to the Roger River Fault along with carbonate-rich host rocks.

The Orroroo Uranium Project is located approximately 274km northwest of the capital city of Adelaide, South Australia within the Walloway Basin, which is an elongate Tertiary Basin approximately 50km long and up to 15km wide. It consists of Tertiary and Quaternary sediments unconformably underlain by Adelaidian basement.

Norfolk Metals intends to execute on two sequential exploration programs within 12 months of admission to the Official List. The respective programs include 2,000-3,000m of diamond drilling at the Roger River Gold Project with the aim of identifying epithermal gold occurrences in targets defined from ground based gravity and airborne aeromagnetic survey. The Orroroo Uranium Project exploration program will commence with reverse circulation drilling to further understand the Gamma anomalies identified by previous drill campaigns in the Walloway basin.

It is anticipated that NFL will list on the ASX during March 2022.

 

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