The Miamoon project is comprised of three exploration licences (E70/5446, E70/5458 and E70/5460).
A major structural zone is interpreted to trend in a north westerly direction through the east of the project area. This corridor is seen as a potential continuation of structures related to the Caravel Copper Project, and therefore prospective for structural and porphyry style Cu-Au mineralisation.
The western Miamoon tenure hosts several unexplored magnetic and gravity bodies that remain prospective for Ni-Cu-PGE style mineralisation.
According to the published regional geological mapping, most of the project areas consist of basement Archean granite and granite gneiss.
Historical exploration work has been focussed on talc exploration to the west and north east of the project area. Enegex has undertaken several reconnaissance style soil sampling programs throughout the project area and is actively planning additional sampling to test new target ideas.