NickelSearch confirms massive nickel sulphides at Sexton
August 28, 2023 at 06:51 pm
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NickelSearch Ltd (ASX:NIS) MD Nicole Duncan tells Proactive the company is growing confident about its greenfield targeting strategy at the Carlingup Nickel Sulphide Project near Ravensthorpe in Western Australia after diamond drilling assays confirmed massive nickel sulphide mineralisation at the Sexton Prospect. The results have confirmed that the mineralisation extends to the limits of the downhole electromagnetic (DHEM) survey, with conductance up to 30,000 Siemens, and is open up- and down-plunge from the current 250-metre strike length. NickelSearch is planning to follow up on the confidence-building results at Sexton as well as at B1, where past results from electromagnetic surveys at the latter will be reviewed for further ultrafine soil sampling. Planning is also underway for drilling at Carlingup’s other greenfield targets, beginning with Lipple and Wadley in early October, if weather permits.
“Armed with fresh analysis performed since ASX listing, NickelSearch has been able to reconsider the historical information, and each of the six holes we have drilled at Sexton has intercepted nickel sulphide.
“This gives us confidence to continue our work on other greenfield targets across Carlingup, plus also plan further drilling at Sexton to vector in on potential higher grades and thicker zones,” Duncan said.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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NickelSearch Limited is an Australia-based mineral resource company. The Company is engaged in exploring for nickel and related mineral deposits within its tenements located in the Shire of Ravensthorpe, Western Australia. It is focused on advancing its flagship Carlingup Nickel Project. The Carlingup Project is located approximately 500 kilometers south-east of Perth and encompasses belt scale coverage of the known prospective nickel terrain within the Ravensthorpe Greenstone Belt. The belt occurs on the southern margin of the Archaean Yilgarn Craton and is approximately 100km south of the Forrestania Greenstone Belt which hosts nickel mining operations. Its Carlingup Project includes five nickel sulphide deposits at RAV1, RAV4, RAV4 West, RAV5 and RAV8. The Ravensthorpe Greenstone Belt includes a nickel mineralization endowment as Forrestania and other greenstone belts, including a nickel sulphide mine at RAV8 and the adjacent laterite mine at Ravensthorpe Nickel Operation (RNO).