ML8 – Moonlight Resources Limited
Clermont Project
Located in Queensland, the Clermont Project comprises EPM 17968 and EPM 28949 within the Anakie Inlier. The project hosts a gold mineralisation system, including the Leo Grande deposit, which shows potential for a large resource with grades, shallow mining geometry, and minimal environmental or social constraints.
Historic drilling confirmed the geological model and recoverability of gold, supporting future JORC compliant mineral resource estimate definition. The 2023 drilling campaign by Metallica Minerals has intercepted 21m @ 2.35 g/t Au from 40m, incl. 10m @ 3.05 g/t Au from 49m (LGRC058).
The Clermont Project is situated just southwest of Clermont, with road, rail, water, and grid power access, thus minimising capital expenditure for any future mining operation. The Clermont region is a significant mining centre in central eastern Queensland providing the perfect base and established resource for exploration and future development.
MacDonnell Ranges Project
The MacDonnell Ranges Project spans approximately 3,044 km² in the Northern Territory, located in the Arunta Block, 120 km WNW of Alice Springs in the NT, and adjacent to the highly radioactive Teapot Granite Complex, an area known for high-grade uranium. The MacDonnell Ranges Project comprises eight granted ELs (EL33018, EL33019, EL33057, EL33058, EL33984, EL33985, EL33986, and EL33987). with significant uranium and rare earths potential at an early exploration stage.
The project is situated near the Tanami Highway, with minimal overburden, enabling low-cost, rapid exploration.
Granted tenure covers the Teapot Granite Complex, likely source of sedimentary uranium (e.g., Napperby Project), with potential for hard rock, calcrete, roll-front uranium, and REE mineralisation. HighGrade Uranium: Rock chip assays average 439 ppm U₃O₈, peaking at 5,364 ppm U₃O₈ from Teapot Granite Complex outcrops with radiometric anomalies. Alluvial monazite-rich assemblages returned up to 6,454 ppm TREO (EL33018).
Fox Hill REE Project is in NSW, comprised of 2 granted EL9554, and EL9563, totalling 1,029 km2. The project is highly prospective for REE, re-assay of the historical drill sample returned assay of 5m @ 2,401.28 ppm TREO.
Moonlight Project (EL31214) is located approximately 200 km northeast of Alice Springs, NT, within the Harts Range Pegmatite Field. Previous work within the broader pegmatite field has identified multiple occurrences of REE and uranium mineralisation within a series of highly fractionated and radioactive pegmatites and associated quartz veins.
Drysdale Uranium Project (Application EL80/6070 & EL80/6071), located 240km west of Kununura, WA, total 1,023 km2. The uranium and copper mineralisation are known to occur within the area of the application from past Crossland Uranium Mine’s work, and this was curtailed due to the impact of the Fukushima event on uranium exploration in 2010. The mineralisation style is similar to the uranium mineralisation in the Westmoreland area of Queensland.
It is anticipated that ML8 will list on the ASX on 28 November 2025.
