NickelX Limited (ASX: NKL) has successfully completed a detailed infill auger drilling programme at its Dalwallinu project, which is prospective for Julimar-style nickel-copper-PGE mineralisation and located approximately 200km north-east of Perth, Western Australia.
“The detailed close spaced infill auger drilling soil sampling programme combined with historical and current soil samples, points to some very well-defined exploration targets, seeking Julimar Style Nickel-Copper-PGE mineralization,” Managing Director, Matt Gauci, said.
“Magnetic data also indicates the Barra Barra Greenstone Belt intrusive – which is being targeted for Ni-Cu-PGE mineralization – represents a folded tabular body, either originally a dyke or a sill.
“The exploration team completed the program safely and efficiently and the team look forward to the receipt of assays to enhance the prospectivity the four high priority targets at Dalwallinu, where we are seeking Julimar-style nickel-copper-PGE mineralization.”
The Dalwallinu project covers 86sq. km of the underexplored Barra Barra Greenstone belt and the Company is using number of exploration techniques to vector in on prospective Ni-Cu-PGE targets.
Overlaying the previously reported auger geochemistry data on new drone magnetic data highlights that the Barra Barra Greenstone Belt intrusive represents an apparent folded intrusive body horizon just outboard and bordering the main folded magnetic strata.
This may represent a sill-like body lying structurally below and folded with the magnetic strata.
Based on this geological interpretation, four areas have been highlighted around this horizon with anomalous nickel, copper and PGE metal values in the auger geochemistry data.
Results from these four areas include 73.7ppb Pt & Pd with a 5km +10ppb Pt and Pd north- south strike, and values to 466ppm Ni and 843ppm Cu.
These areas represent priority targets for follow-up exploration, as does investigation of the margins of the antiform folded magnetic body in the west of the project.
Gyro Australia has been contracted to infill auger geochemical soil sampling over the four high priority areas identified on a 50m x 50m grid. Previous sampling was on a 100m x 200m grid.
The soil geochemical sampling will be followed up ground electromagnetic surveys to test for potential massive nickel-copper-PGE sulphides. The results of the infill geochemistry and EM will be targeted with a maiden drilling programme once appropriate permitting is in place.
Dalwallinu Nickel-Copper-PGE Project
The Dalwallinu Nickel Project (E70/5398) covers 86sq. km of the underexplored Barra Barra Greenstone belt in the emerging West Yilgarn, which is host to several recent Nickel-Copper-PGE discoveries including the world class Julimar Nickel-Copper-PGE discovery.
Recent geochemical and geophysical work programmes evaluated by the company have identified priority Nickel-Copper-PGE targets over a strike length of six km with more detailed geochemical, geophysical and drilling work planned.
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