Metal Hawk Limited (ASX: MHK) has commenced diamond drilling at the Kanowna East project, located approximately 10km south of the Black Swan/Silver Swan nickel mine in the West Australian goldfields.
Managed by joint venture partner IGO Limited, the programme will consist of several diamond drillholes designed to further explore the interpreted southern extension of the ultramafic corridor hosting the high-grade Silver Swan nickel sulphide deposit.
IGO recently achieved the Stage-1 joint venture milestone, acquiring a 51% joint venture interest in Metal Hawk’s Kanowna East, Emu Lake and Fraser South projects. IGO has elected to continue sole funding exploration and can earn an additional 24% interest by spending a further $4M on the joint venture projects. Metal Hawk is free carried to decision to mine and retains 100% of the gold rights at Kanowna East and Emu Lake
The maiden nickel sulphide RC drilling programme at Kanowna East was completed by Western Areas in early 2022, returning several shallow nickel results along the strike- extensive ultramafic target unit. Two deep diamond holes co- funded through the WA Government’s Exploration Incentive Scheme (EIS) were drilled in Q1- Q2 2022. The first diamond hole KEDD001 identified a broad 220m zone of nickel-bearing ultramafic rocks from 560m.
IGO has commenced drilling, testing the ultramafic basal contact via a wedge off KEDD001 (previously abandoned at 793.8m due to poor ground conditions). Further drilling will target along strike and above the zone of mineralisation intersected in KEDD001, with downhole electromagnetic (DHEM) surveys to be carried out in order to detect any nearby accumulations of massive nickel sulphide mineralisation.
“It’s great to see exploration drilling continue at Kanowna East under the management of our new JV partner, IGO Limited. The presence of widespread visible nickel sulphides in the first diamond hole drilled at Kanowna earlier this year was highly encouraging, and we look forward to seeing the results of this next phase of drilling,” Metal Hawk Managing Director, Will Belbin, said.
For further information please visit: https://www.metalhawk.com.au/
