Cosmo Metals (ASX:CMO) has announced the granting of E38/3640, the Narragene Base Metals project, and the completion of initial heritage work which has cleared the way for on-ground exploration.
Cosmo Metals says Narragene covers a further 8km extension of the Mt Venn Greenstone Belt, directly north of the company's Minjina Zn-Pb-Ag discovery in the eastern Goldfields of Western Australia.
It also says the project has a total of 47 historic drillholes for 5,800m with an average depth of 123m.
Cosmo Metals' Managing Director, James Merrillees says: "The Cosmo team is excited to be getting boot on the ground at our Narragene project with the recent heritage survey allowing the company to conduct the first dedicated exploration activity on the project in more than 20 years."