E-Metals holds four exploration licenses (E63/2049, E63/2066, E63/2126, E63/2127) and three exploration license applications (E63/2477, E63/2478, E63/2479) covering an area of 436 blocks of the Eucla Basin in the Albany Fraser Range Province of southern Western Australia (Salmon Gums Project) considered prospective for gold and rare earths elements.

The Project cover areas underlain by meta-granites of Archaean to Proterozoic age. These granitic rocks are situated within the Albany Fraser Orogen on the south and southeastern margins of the Yilgarn Craton. Outcrop of the meta-granites within the Project is rare with majority of the tenements overlain by Cainozoic sediments, aeolian sands and salt lakes.

Following the addition of the three tenement applications to double the Salmon Gums Project land holding the Company is conducting a regional review of the prospectivity of the tenement package and the possibility of a further reconnaissance and mapping program.

Figure: Salmon Gums Project tenure