41. Nuggety Gully Discovery Case History ? Introduction

The Nuggety Gully prospect is located 170 km (106 miles) south- east of Port Hedland and 40 km (25 miles) northeast of Marble Bar in the Pilbara Region, Western Australia. The area is held under title by Esso Exploration and Production Australia, Inc. The prospect covers a significant, but currently uneconomic body of molybdenum and copper mineralization of porphyry style, associated with Archean high level acid intrusives intruding sediments and volcanics of a narrow east-west Archean greenstone belt. The Nuggety Gully intrusive rocks have been dated at 3.2 b.y. ± 117 (de Later, oral communication). The current resource estimate for the deposit is 102 Mt (1 12 million st) of 0.1 1 % Mo and 0.15% Cu.