The Walebing project includes five exploration licences (E70/5439, E70/5440, E70/5441, E70/5442 and E70/5631) covering 693km2 . The tenements lie in farming country about 32km NW of Walebing and 20km SE from Wongan Hills.
Exploration licences E70/5440 and E70/5631 lie close to the western margin of the Wongan Hills greenstones belt. This is the greenstone belt hosting Caravel’s Bindi Cu-Mo prospect.
Liontown’s Mt Yule Au project is located approximately 7km west of tenement E70/5441 and is associated with a mafic-ultramafic intrusion that has a distinct magnetic and gravity anomaly.