Red Emperor Resources (RMP)

Shares / Stock Code

RMP

Stock Exchange / Sharemarket

Australian Securities Exchange

Red Emperor Resources (RMP) is an Australian based exploration company established to explore for and develop copper and gold resources in Western Australia and other jurisdictions. Company was listed on Australian Stock Exchange (ASX) on 16 August, 2007.

Red Emperor Resources Projects

The Red Emperor portfolio consists of the right to earn a 51% interest in the Jillewarra Project, Western Australia. The Jillewarra Project covers an aggregate area of 322.56km2 with two Exploration Licences ('ELs') and a Prospecting Licence Application ('PLA'). The tenements cover part of the Mingah Range Greenstone Belt and are located between 50-75km WNW of Meekatharra, within the Meekatharra Mineral Field in the Murchison Province of Western Australia. High-grade gold mineralisation has been identified by previous mining and exploration activities along the south-western limb of the structure.Field in the Murchison Province of Western Australia. High-grade gold mineralisation has been identified by previous mining and exploration activities along the south-western limb of the structure.

The Jillewarra Project covers the southern half of the NW trending Archaean Mingah Range Greenstone Belt that extends for a strike distance of approximately 50km and averages some 9.5km in width. The Mingah Range Greenstone Belt is unusual in that it trends EW-WNW while most other belts in the Murchison Province have a NE-NS orientation. In the northern part of Mingah Range succession the stratigraphy passes from quartzites to fine-grained felsic, epiclastic sedimentary lithologies, ultramafic komatiite units and high Mg basalts that have been intruded by broad differentiated gabbroic sills. These layered sills form prominent ridges and have an outcrop width of 0.1-0.3km. Towards the southern part of the Mingah Range succession a sequence of sediment-hosted, banded iron formations have been partially stoped out by granitic intrusions.

Known mineralisation within the area comprises a number of small high-grade epigenetic gold deposits, Pb-Ba vein deposits and layered ultramafic and mafic sills containing anomalous Ni and Cu values. Several significant structural features, historic Gold Mines, Ni-Cu bearing ultramafic units, and more recently identified targets in the Zapata region and the Jillewarra Shear Zone occur within the project area.

Recent exploration by Cazaly Resources Limited highlighted the prospective ultramafic-basalt horizon between Rafters Run and Hewitt's Find. The prospective contact zone strikes for over 6km within the project area but has only received limited drill testing. Exploration in the Rafters Run area previously focused on nickel mineralisation but underplayed copper or gold potential. The IP anomalies require further investigation and the gold mineralisation at Hewitt's Find also warrants additional drilling.

Red Emperor Resources (RMP) Products and Services

  • Exploration for copper and gold.

Red Emperor Resources (RMP) Locations and Subsidiaries

Red Emperor Resources Head Office
Suite 33, Level 3, 22 Railway Road,
SUBIACO, WA, AUSTRALIA, 6008
Phone: (08) 9388 8041
Fax: (08) 9388 8042

Red Emperor Resources (RMP) Share Price

Submitted by ASX Listed Company on 26 May, 2010 - 20:46

Download our FREE App


Signup for Free
Don't miss out on your free share trading articles.


Free Risk Money Management Calculator for those who sign up!