Lunnon Metals Limited (ASX: LM8) has commenced a 2D seismic trial on a key traverse at the Silver Lake-Fisher (SLF) project which, when combined with the Foster-Baker project, represents a doubling of its nickel rights tenure at the Kambalda Nickel Project (KNP) in Western Australia.
“We are pleased to finally get on the ground in this highly prospective corridor. It’s early days obviously but the nickel mines surrounding the ‘Gap’ were some of the biggest nickel producers that Kambalda has seen,” Managing Director, Ed Ainscough, said.
“Lunnon Metals is embarking on a methodical, technically driven exploration programme looking to maximise our chances of making a significant discovery in an area that has never been tested before.”
The company has now commenced the trial of a “mini vibro-seis” system mounted on a lake 4 x 4 “Mule” vehicle. The trial will attempt to survey two, 2D seismic lines on the surface of Lake Lefroy, to the immediate east of the historical Silver Lake mine and to the immediate south of the Long Operation, host to the Victor (McLeay) and Long (Moran) channels.
Between these three main known nickel channels approximately 13.5Mt of past ore production generated over 465,500t of nickel metal1 at an average grade of 3.45% Ni.
In addition to the known channels, historical surface exploration by WMC Resources Ltd (WMC) identified up to three other potential nickeliferous trends.
The list of potential nickel mineralized channels that have the potential to strike onto and through the Company’s recently acquired Long South/Silver Lake “Gap” area includes:
1. Long (Moran) trend
2. Victor (McLeay) trend
3. West Victor trend
4. North Lunnon trend
5. KD 210 trend
6. KD 208 trend
KD 210 trend and KD 208 trend are named after surface diamond drill (DD) holes that intersected anomalous nickel mineralisation in the interpreted channels up-plunge and nearer to surface.
Success with the 2D trial will demonstrate that this technique is effective on, and through, the lake sediments allowing the Company to commit to the full, 3D survey, which will likely carry an all-in-cost over A$1M and take between three and six months to execute, collect and interpret the data.
Lunnon Metals objective is to ultimately acquire the new 3D seismic data immediately south of the Long-Victor 3D survey and complete a full litho-stratigraphic / structural re-interpretation of the approximately 2.0sq. km Long South/Silver Lake “Gap” area, incorporating publicly available data relating to the hosting environment of the McLeay and Moran nickel deposits.
If the new 3D seismic survey results record any potential continuation of the channels annotated in the 2012 GA Long-Victor nickel mine 3D survey, the company would consider this a highly successful outcome that would:
– greatly enhance the prospectivity of the acquired nickel rights; and
– provide high ranking, drill ready targets.
For further information please visit: https://www.lunnonmetals.com.au/
