ROMARDO Group

Tin-Silver-Base metals

Romardo considers the Billy Can Project to have potential for a multi-billion ounce silver (-tin-base metal) deposit analogous to the 5 billion oz (silver), 1.5Mt (tin) Cerro Rico de Potosi deposit, Bolivia or >1Mt (tin) San Rafael deposit, Peru.

​

The project is located near Croydon, North Queensland and 30km to the NE of the A1/A2 (Wallabadah) prospects (held by Crater Gold Ltd ASX: CGN). A study by CODES – ARC Centre of Excellence in Ore Deposits, University of Tasmania (for Crater Gold Ltd) has independently confirmed the mineralisation at A1/A2 is typical on intrusion-related economic tin deposits like those found in Peru and Bolivia (and at Renison, Tasmania).

​

http://www.cratergold.com.au/irm/PDF/1223_0/UpdateonTinMineralisationatCroydonZincProject

Drilling by NQR (owned by RVF Investments and Romardo Group) in the past 4 years has confirmed that additional mineralisation of this style exists in North Queensland which upgrades the prospectivity of the region.

​

Two walk-up drill targets within the Billy Can Project are larger analogues of the nearby A1 and A2 prospects. The drill targets are characterised by reversely polarised magnetic features with the Vanrock target having a coincident airborne EM anomaly. 

​

​

​

​

​

​

An angled mud rotary/diamond drillhole has been completed to test the Vanrock target.

Two separate sulphidic zones were intersected within dacitic volcanics:
- 4m @ 2.1% Zinc and 63.7g/t Silver from 211.95m; and
- 2.7m @ 1.5% Zinc and 14.1g/t Silver from 266.27m

​