South Boulder’s 100% owned Cardabia Phosphate Project is located approximately 200 kilometres north-north east of Carnarvon, Western Australia

The Project comprises three contiguous exploration licences E08/1850, E08/1855, E08/1856 covering around 1,384 square kilometres of prospective phosphate bearing stratigraphy within the northern Carnarvon Basin.

A review of available data has outlined excellent results by previous explorers with grades of up to 49% Phosphate, and numerous grades within the 25% - 30% Phosphate range from +5 millimetre samples fraction obtained from drilling.

The project area contains extensive phosphate nodules hosted within Late Cretaceous contact zones between the Gearle Siltstone - Toolonga Calcilutite and Toolonga Calcilutite - korojon Calcarenite.

South Boulder’s immediate exploration target will be to locate depressions along the White Peaks Syncline which is considered favourable for the economic accumulations of phosphate nodules.

South Boulder intends to expedite the licence to grant with a view to commencing on-ground exploration as soon as possible.

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