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Carbozorb Pty Ltd holds 6 Mineral Exploration Licences in New South Wales, Australia.

The suitability of ultramafic rocks in the Great Serpentinite Belt (GSB) and the Coolac Belt are being evaluated for CO2 mineralization potential. Ultramafic rocks have been identified in these locations from outcrops and geophysics analyses.

Both the sequestration of CO2 from direct air capture and point source emissions are being considered in NSW.

EL9377 Bingara/Manilla

  • The permit area is centred on the Great Serpentinite Belt, which outcrops for over 100 km and forms part of the New England Orogen.
  • Rocks within the GSB belt have been shown to naturally sequester carbon, notably the Woodsreef Asbestos Mine tailings and the Attunga Magnesite deposits (Oskierski et al., 2012).
  • The ultramafic rocks of the GSB have an associated strong magnetic regional anomaly due to their high magnetite content formed through serpentinization reactions.
  • Mapped dunite, serpentinite and harzburgite bodies across the permit area are the initial exploration targets.

EL9351 Boggabilla

  • A large discrete magnetic feature within the permit area corelates with a gravity high and is interpreted as being a buried block of GSB ultramafic rocks.
  • The body of ultramafic rocks has been interpreted to be buried under of the Surat Basin sediments (Keelindi beds, Drildool beds, Doncaster Members) and overlying Quaternary sediments.
  • The depth to crystalline basement is not known, however petroleum/coal seam gas exploration within the overlying basin reveals the cover sequence to be in the order of 600 – 900 m thick.

EL9352 Clarence

  • The Gordonbrook Serpentinite is a continuous mass trending north-northwest for 32 km between Fine Flower and Ewingar.
  • The Gordonbrook Serpentine is correlated to the GSB but moved 200 km to the east through faulting.
  • There is a major magnetic feature associated with this unit extending east under the Clarence-Moreton Basin, suggesting that the unit extends for at least another 30 km in sub-crop.

EL9374 Coolac

  • EL9374 is centred on the Coolac Serpentinite belt and Jindalee Group, that form part of the mid Palaeozoic Lachlan Orogen, Tumut region of New South Wales.
  • A magnetic anomaly associated with the Coolac and Mooney-Mooney faults suggests potentially buried ultramafic rocks within the Honey Suckle beds.
  • There are known magnesite, asbestos, and talc prospects across EL9374. Serpentine has been mined at The Somerset Mine, near Gundagai.

EL9407 Nyngan North and EL9420 Nyngan South

  • Within EL9407 and EL9420, ultramafic rocks/minerals of the Fifield suite of ultramafic complexes that form a North-South linear belt within the Lachlan Orogen, are considered suitable to sequester CO2.
  • Fifield ultramafic intrusions are inferred to be present beneath the GAB sediments notably the large bodies (interpreted from geophysics) associated with Gerar igneous Complex.