Jack Shay Project

Jack Shay Project

Canterbury holds 100% of the Jack Shay Project in central Queensland which covers a section of the Connors-Auburn Province, a volcanic arc of the northern New England Orogen separating the back arc Bowen Basin to the west from the forearc Yarrol Province to the east.

The main unit is the Permian aged Narayen Beds which comprise volcanics and sediments of andesitic origin. Mafic intrusive rocks and layered gabbroic rocks of Permian-Triassic age outcrop. Cu-Ni-Co-Pt geochemistry is associated with mafic intrusive rocks and Cu-Mo geochemistry is associated with felsic intrusions.

Canterbury’s primary interest in the area is the porphyry Cu-Mo target at Nerangy where historical sampling has identified an 800m by 400m coincident soil copper and molybdenum geochemical anomaly. An isolated outcrop at the northern end of this geochemical anomaly exposes a clay-altered feldspar porphyry with a well-developed fracture vein stockwork. Much of the tenement has limited or no outcrop and exploration plans include shallow drilling to better understand the bedrock geology and geochemistry.

  • The target at Nerangy is a near-surface, large tonnage, low grade Cu-Mo deposit.
  • A secondary, more conceptual, target is discovery of Ni-Cu-Co-Pt in nickel-sulphide style deposits.

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