Tenement package, north of Cloncurry hosting IOCG style mineralisation.

The Eloise tenements are subject to a farm-in joint venture with OZ Minerals Ltd (ASX : OZL), operating from April 2016.  OZ Minerals is funding work programs and Minotaur is manager and operator. During 2016 OZ Minerals expended $2M on the tenements.  

The Lexington exploration licences (EL’s) cover portion of the highly prospective Grampians-Stavely and Stawell Zones in western Victoria.

Exploration objectives are IOCG and ISCG style copper-gold mineralisation and Cannington-style silver-lead-zinc mineralisation in the concealed eastern portion of the Mt Isa Block where basement units are overlain by cover sediments ranging up to more than 100m thick.