The (vanadium) deposit was discovered in 1961 by Mangore Australia Ltd and subsequent detailed exploration was by Hawkstone Minerals Ltd in 1973.
Hawkstone used mapping, drilling, magnetometer surveys and bench
scale magnetic separation. Precious Metals Australia (PMA) began exploration in 1989 (Habeteselassie et al., 1996), reviewing previous
exploration and analyzing trench and RC and diamond drilled materials. Prominent topography (the lateritic Hawkstone Ridge, visible from the air), a positive gravity anomaly, a strong regional magnetic anomaly and a surface expression of abundant magnetite float identify