Intersects 8.5m Of Massive, Semi-Massive And Net Textured Nickel Sulphide In Vietnam
Blackstone Minerals Limited (ASX:BSX) has commenced infill drilling at the King Snake prospect, with immediate success achieved at the Ta Khoa Nickel – Copper- PGE Project in Northern Vietnam.
Infill drill hole KS21- 34 intersected 8.5m of massive sulphide vein (MSV), semi-massive sulphide vein (SMSV) and net textured sulphide (NTS).
Several assays have also been received from drilling at King Snake and highlights include:
- KS21-18 1.18m @ 1.73% Ni, 1.09% Cu, 0.06% Co & 1.07g/t PGE from 190.62m
- KS21-19 4.90m @ 1.09% Ni, 0.97% Cu, 0.04% Co & 0.89g/t PGE from 133m Incl. 1.88m @ 2.66% Ni, 1.92% Cu, 0.1% Co & 2.13g/t PGE from 134.68m KS21-20 1.30m @ 0.94% Ni, 0.96% Cu, 0.04% Co and 1.29g/t PGE from 167m Incl. 0.5m @ 2.39% Ni, 2.00% Cu, 0.09% Co & 3.29g/t PGE from 167m KS2
- 1-22 13.5m @ 0.3% Ni, 0.24% Cu, 0.01% Co & 0.37g/t PGE from 197.95m Incl. 0.55m @ 2.87% Ni, 1.05% Cu, 0.1% Co & 2.4g/t PGE1 from 209.45m
- KS21-29 1.16m @ 1.06% Ni, 2.21% Cu, 0.04% Co & 3.7g/t PGE from 42.34
“King Snake is one of three advanced massive sulphide opportunities that Blackstone has progressed within the Ta Khoa Nickel-Cu-PGE district,” Managing Director, Scott Williamson, said.
“Blackstone’s initial geophysical assessment has been confirmed with mineralisation extending over a strike length close to one kilometre, while continuing to plunge deeper to the west.
“We are pleased to have committed to the next phases of development at King Snake, which includes infill drilling. Importantly, the results to date provide a solid foundation to commence mine planning and incorporate the King Snake target into our upcoming UBU PFS.”
King Snake MSV Project
King Snake is a MSV prospect, located 1.5km north-east of the processing facility.
King Snake, MSV and high-grade brecciated Ni-Cu-Co-PGE sulphides and gossans are associated with tremolite-altered mafic-ultramafic rocks.
Blackstone’s drilling at King Snake has been focussed on Electro-magnetic (EM) targets which extend down plunge to the west of historic drilling. Assay results indicate greater thickness of sulphide mineralisation down plunge of historic drilling.
The higher power surface EM targeting has accurately guided the down plunge drilling hundreds of metres from the historic surfaces showings. In addition, downhole EM (DHEM) has further directed investigations to wider higher-grade zones throughout this consistent, high grade and highly planar massive sulphide vein.
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