Resource Mining Corporation Limited (ASX: RMI) has stated that following the initial encouraging results of intersecting disseminated sulphides, the company’s reverse circulation drill programme at its Liparamba Nickel Project, located in Tanzania, has been suspended and upgraded to a diamond drilling programme.
The RC drill programme achieved its objective of identifying disseminated sulphides, but encountered issues, in terms of drill string recovery and the ability of the RC drill to reach the target depth of 150m. RMC then re-evaluated of the RC programme in favour of a more suitable DD programme.
The company says that this will ensure all drill holes planned can reach at least 150m to intersect the many Audio-frequency Magnetotellurics/Versatile Time Domain Electromagnetic anomalies identified, often within the 100-150m depth range, or if required to have the ability to drill deeper.
Consequently, RMC has decided to terminate the RC drilling contract in favour of a new DD drilling contract.
Resource Mining Corporation’s CEO, Mr. Andrew Nesbit said: “We are very encouraged by the initial results. We found RC drilling was insufficient to reach the intended depths of the defined targets in the given ground conditions. Diamond drilling will provide a more reliable drilling methodology, and help ensure holes can reliably reach, and test, all the AMT/VTEM anomalies identified within the 100-150m depth range, as well as test deeper where warranted. We look forward to providing further updates to the market.”
To find out more, please visit www.resmin.com.au
