Lake Torrens exploration licences

The 100% held Murdie project is contiguous with the Company's Torrens project in South Australia. These 2 licences, EL5937 and EL5945 cover a confirmed IOCG target in the area known as Murdie as well as a second anomaly at West Lake Torrens. 

The licences cover an area of 1,015 square kilometres and are located immediately south and east of the Torrens project and east of the Carrapateena deposit. 

The Murdie licences constitute excellent exploration oportunities in their own right and provide Argonaut with a commanding land holding in the event of a discovery at Torrens.