Wyacca Copper Project - Taruga Minerals is Unearthing a Giant Discovery in South Australia

If you have a deep curiosity about geology, this discussion is definitely your cup of coffee :) You may want to pull out your notepad and pen and get ready for some caffeine shots. There are lots of solid takeaways and what is really useful is also to see Thomas Line's train of thought and how he interprets the direction of the copper mineralisation at the project scale.

Wyacca has the potential to be a major copper discovery. Historical High Grade Copper mining at up to 40% Cu. - Thomas Line, CEO, Taruga Minerals Limited

Mr. Line's style of conversation is a very clear and detailed one. He breaks down for us what the VTEM™ (Versatile Time Domain Electromagnetic) figures mean and how they are helping to model the company's ongoing exploration strategy. What helps build confidence is also the importance of having a systematic process of understanding and executing a good exploration plan.

Follow Mr. Line's step-by-step explanation here:

00:00 Introduction

01:08 How are the recent results help your thinking at Wyacca?

05:29 All about Powder Hill

09:16 Coincidence of VTEM and Drilling - Is this a practical rule?

14:37 Exploration strategy to differentiate non copper bearing sulphides.

15:50 How the different VTEM timing mean for Taruga?

20:45 The reason why Taruga is a copper mineralising Tindelpina shale unit.

21:36 The plans for Taruga Minerals Limited in the next 12 months.

23:13 Conclusions

Taruga Minerals Limited (Taruga or the Company) is a mineral exploration company listed on the Australian Securities Exchange (ASX:TAR) with a focus on acquiring and developing highly prospective Gold, Copper and precious metals exploration projects in Australia.

CEO Thomas Line is supported by a highly credentialed Board, and has provided the Company with exposure to the exciting, under explored, High-Grade Flinders, Torrens and Mt Craig Copper-Gold-Silver Projects on the margin of the Gawler Craton, South Australia.

The Wyacca Mine (Cu) is located in the northern portion of the MCCP, Adelaide Fold Belt and was the first operational small-scale mine in the MCCP area.

The Wyacca Project area now expands over a 4.7km long by 1.5km wide alteration zone,

where multiple layers in the stratigraphy, not just the Tindelpina Shale, are now known to be mineralised.

Early-Time VTEM Anomaly Coincident with IP Anomaly at the Wyacca Project Area, Showing New Drill Results, Previous TAR Drilling Results, and Historical Drill Result Highlights.

Thomas is the project-generator and vendor of Strikeline Resources and its three highly-prospective South Australian projects. He has been responsible for their development to date. Thomas is an experienced geologist and project manager with 10 years’ experience in mining, exploration and resource development. Thomas holds an honours degree in geology, is a member of the Australian Institute of Company Directors (AICD) and is committed to the successful future development of the Flinders, Torrens and Mt Craig copper projects.

a/ PO Box 5638 St Georges Tce, Perth WA6831, Australia (Postal Address)

a/ Level 8, 99 St Georges Tce, Perth Western Australia 6000 (Registered Office)

w/ tarugaminerals.com.au

p / +61 (8) 9486 4036

e / admin@tarugaminerals.com.au

VMS (Volcanogenic Massive Sulfide) Deposits Explained

In simple terms, Volcanic-associated Massive Sulphide (VMS) deposits are caused by underground metal-rich volcanoes rising and creating a cooking environment.

We suggest you download this eBook which explains the VMS and How to Add Value to your Share Portfolio

A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments.

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