Enegex Limited announced that it has initiated a major exploration play in the South West Terrane, Western Australia, having made applications for exploration licences for two project areas covering an aggregate of 1,944km2. It also has secured a first right of refusal with respect to a further potential project area; the nearby Miling area, covering an additional 408km2. The initiative is an outcome of Enegex's focus on securing opportunities to carry out exploration for mineral commodities that are expected to become of vital importance to advances in energy generation, transmission and storage. In recent months, Enegex has investigated and identified exploration opportunities in the South West Terrane, an area which is emerging as a mineral province of significant importance. The Company considers that its three project areas, comprised of twelve exploration licence applications, offer the potential for the discovery of deposits of nickel (Ni), copper (Cu), platinum group elements (PGE), gold (Au), lithium (Li) and rare earth elements (REE). The geology of the South West Terrane is a complex mix of Archean high-grade metamorphic gneisses and highly radioactive granites with widespread enclaves of greenstone and dismembered layered mafic and ultramafic intrusions. Proterozoic tectonic events, mainly evident from mafic dyke swarms, have also impacted the terrane. In general, the Archaean bedrock geology is not well known as it is blanketed by laterite soil profiles and transported sands. Enegex's project areas are located within the same terrane as the Chalice Gold's recent Julimar Ni-PGE-Cu discovery and the Caraval Minerals' Caraval Cu deposit. The Julimar and Caraval deposit discoveries, together with an improved geological and geophysical understanding of the South West Terrane, appear to be changing perceptions regarding the prospectivity of the South West Terrane.