7,000m, Multi-Target WA Campaign Underway
Maximus Resources Limited (ASX:MXR) has commenced diamond drilling at the Hilditch West Nickel target, located 25km from BHP’s Nickel Concentrator in the world-class Kambalda nickel district, Western Australia.
The commencement of drilling at Hilditch West is the start of a ~7,000m multi-target diamond drill programme, with potential to expand the drill programme dependent on drill results.
Following the completion of drilling at Hilditch West, drilling will commence at the company’s Redback Gold deposit which includes two WA Government co-funded EIS deep drill holes designed to test the down-dip plunge continuation of gold mineralisation.
Managing Director, Tim Wither said this has potential to materially extend (~double) the down-plunge extent of mineralisation at Redback.
“The team are excited to commence our ~7,000m multi-target diamond drill campaign starting at the exciting Hilditch West nickel target, made possible following our strongly supported $12 million placement,” Mr Wither said.
“Hilditch West is a very compelling target, having the key signatures of a magnetic high anomaly, a strong late-time EM conductor and in an area of proven nickel sulphide mineralisation, provides an ideal setting for a Kambalda-style nickel sulphide discovery.”
A ~500m diamond drill hole has been designed to intersect the coincident peak magnetic response and centre of the 9,000 Siemens conductive target plate approximately 340m below surface (420m down-hole). Drilling at Hilditch West is expected to be completed before the end of this month, with results provided as received.
Hilditch West Target
The Hilditch West target was initially identified as an extensive alteration domain comprising of fuchsite altered volcanics and metasediments which has been mapped over ~1,000m of strike in a north-south direction and is up to 30m wide.
A maiden RC campaign in July 2021, successfully intersected shallow, highly anomalous nickel-copper-cobalt and scandium intercepts across three drill sections covering 500m of strike.
A Petrographic analysis confirms the identification of several nickel sulphide mineral types that are consistent with sulphides that are typically observed in Kambalda-style nickel deposit.
A Fixed-Loop EM (FLEM) geophysical survey was completed over the Company’s Hilditch nickel target, with modelling indicating a large low conductance plate continuing north from significant Ni-Co-Cu-Sc intercepts at Hilditch West.
Within the large low conductance plate, a significant late-time conductor (up to 9,000 Siemens) was interpreted. The target plate for the diamond drill programme has dimensions 600m x 400m, dips steeply to the east, and the top of the plate is 150m from surface. Only shallow legacy RAB holes (20-40m deep) exist over this conductor.
For further information please visit: http://maximusresources.com/
