Orbit Resources has announced the discovery of a significant 1km magnetic target at its Lewis Ponds project in New South Wales. This target lies along strike from the Cousin Jack deposit, suggesting a promising potential for new sulphide mineralisation in the area. The identification of this magnetic target is expected to enhance the exploration efforts at Lewis Ponds, which is already recognized for its mineral-rich geology.

The Lewis Ponds project has been a focal point for Orbit Resources as they seek to expand their mineral portfolio. The recent findings not only highlight the geological potential of the site but also align with the company's strategic objectives to tap into new mineral resources. The proximity to the Cousin Jack deposit further emphasizes the likelihood of discovering additional valuable mineral deposits in the region.S1S2

As Orbit Resources continues its exploration activities, the implications of this discovery could lead to significant advancements in the mining sector within New South Wales. The company is expected to conduct further surveys and drilling in the coming months to better understand the extent of the sulphide mineralisation and to assess the economic viability of the site.S1S2