Lawlers

(Sirius 70% of nickel sulphide rights)

The Lawlers project comprises the nickel sulphide rights on two separate but contiguous Joint Ventures with Barrick Gold on the ground surrounding the Lawlers gold mine. Sirius has earned a 70% interest in the Lawlers Nickel (2008) Joint Venture, and is earning a 70% interest in the Lawlers 2009 Nickel Joint Venture by spending A$1.5 million within three years.

The project covers 80 strike kilometres of extensions of the stratigraphy which hosts most of WA's major nickel sulphide mines, including BHP's Leinster and Mount Keith nickel operations, Xstrata's Cosmos, Prospero and Sinclair nickel mines, and Norilsk's Waterloo nickel mine.

Having been held by gold companies, it is the single largest ground holding that remains relatively unexplored for nickel sulphide since the discovery and development of most of the surrounding nickel mines. The Lawlers project is prospective for small high grade (~1mt @ 8%Ni) komatiitic nickel deposits similar to those being mined nearby.

Sirius is exploring for these targets using ground electromagnetic (EM) geophysics and to date, approximately 70% of the prospective stratigraphy has been covered by EM and eight conductors have been identified. EM is continuing, aboriginal heritage surveys have been completed, and drilling is scheduled to commence in the June 2010 quarter.

Lawlers Project Location Plan Link to enlargement (165 kb PDF)

Lawlers Project Tenements Over GSWA 500k Geology Link to enlargement (274 kb PDF)

Lawlers Project Magnetics Link to enlargement (329 kb PDF)