The Greenvale Project lies 200 kilometers west of Townsville close to existing base metal mines (Balcooma, Dry River South), advanced mineral projects being considered for development (Einsleigh, Maitland), rail lines and major arterial roads. The company has two tenements at its Greenvale Project located in Northen Queensland.

 

A spatial association between copper mineralisation and a metamorphosed porphyritic intrusive known as the Cockie Spring Tonalite has been identified in the project area at the Cockie prospect.

A number of intercepts were returned from RC drilling completed by the company in 2006 & 2007, including;

               Cockie East
               • 34m @ 1.0% Cu, 0.2 g/t Au, 1.4 g/t Ag and 150 ppm Mo 
               •   8m @ 1.0% Cu, 0.1 g/t Au, 2.2 g/t Ag and 400 ppm Mo

              Cockie West
               •   8m @ 1.0% Cu, 0.2 g/t Au, 3.7 g/t Ag
               •   9m @ 1.0% Cu, 0.1 g/t Au, 2.1 g/t Ag


Drilling within the main area, named Cockie East, has outlined a southerly dipping zone approximately 300 m long at >0.5% Cu, together with associated gold, silver and molybdenum mineralisation. Preliminary exploration by Beacon, based on previous exploration activity, has identified a second zone of mineralization called Cockie West, where several shallow copper drill intercepts have been received.

A regional airborne EM survey (VTEM) in 2007 identified a number of targets, which require field verification prior to further work.