Mincor Resources NL (ASX: MCR) has obtained further significant assay results from underground drilling targeting extensions of the Durkin North and LN04a orebodies within the highly prospective exploration zone at the company’s Long and Durkin North Operations at Kambalda in Western Australia.
Recent extensional drilling at Durkin North has returned outstanding new high-grade nickel intersections:
o ULG-22-117–1.9m@12.4%Ni
o ULG-22-107–2.9m@9.2%Ni
o ULG-22-121–3.8m@7.4%Ni
o ULG-22-113–2.3m@6.4%Ni
o ULG-22-115–5.2m@5.3%Ni
Modelling and interpretation of this new geological data has led to the interpretation of a considerably broader Long-Durkin North mineralized channel. The latest interpretation suggests that Long, LN04a and Durkin North orebodies all form part of the same, broad mineralized channel, which may have a strike extent of greater than 2.5km.
The high-grade massive sulphide intersections observed within this channel resemble the typical Kambalda-type ore surfaces currently being mined at Mincor’s Northern Operations.
This recently defined mineralized channel is believed to represent a significant exploration opportunity for the company and further systematic step-out drilling is planned over the current financial year to determine the potential for economic mineralization, as well as further potential strike extensions of the Durkin North orebodies.
New drilling points to a broader Long-Durkin North mineralised channel
The latest drill results indicate extensions of the Durkin North orebodies with mineralized surfaces continuing beyond the existing resources and remaining open both along strike and down-dip.
In particular, the significant high-grade intercepts at Durkin North highlight the potential for strike and down-dip extensions to the west, previously untested.
The company is excited about the implications of the recently defined Long-Durkin North mineralized channel and the potential to delineate further high-grade mineralization within areas where there has been no systematic drill testing.
A significant underground drilling program will continue at the Northern Operations over the remainder of FY2023 with the focus on step-out and in-fill drilling within the recently defined Long-Durkin North mineralized channel and further grade control drilling.
Maiden underground drill program at Cassini Mine
The company recently announced that it had secured a third underground diamond drill rig to accelerate exploration activities at Cassini.
Originally planned for later in CY2023, the arrival of an additional rig has substantially accelerated the early exploration programmes at Cassini and represents the first underground exploration work to be undertaken at this new mine since development of the operation began.
The new rig has commenced underground drilling at Cassini. Drilling will initially take place from existing stockpile in the main Woodall Decline, with early programmes targeting the highly prospective Cassini North channel.
Similar to the Northern Operations, the potential for resource extensions at Cassini is enhanced by the proximity to existing high-quality underground infrastructure, with Cassini offering exciting opportunities to introduce additional near-term ore sources and materially extend mine life.
For further information please visit: https://www.mincor.com.au/
