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Rabbit Well
The Rabbit Well A.I target showcases our strategic approach to AI IOCG target generation.
The magnetic anomaly only gets a moderate-high hydrothermal magnetite prospectivity rating from our models, which is not as strong as our Nullarbor targets. The region itself has no current evidence for IOCG mineralisation.
However the cost to test makes up for the moderate IOCG prospectivity rating, with the target being in an exploration friendly area and located in close proximity to the Great Northern Highway.
Most importantly, it sits under a small amount of younger cover, allowing the possibility that IOCG mineralisation has been concealed in this area all this time.
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