NickelSearch Limited (ASX: NIS) has identified two new high priority greenfield exploration targets with the receipt of the full suite of multielement, ultra- fine soil assays from the Carlingup Nickel Sulphide Project, located in Ravensthorpe, Western Australia.
This data, together with the results from the recently completed ground gravity survey, has enabled the Company to identify additional high priority greenfield exploration targets at Carlingup
“We are pleased to provide an update on greenfields exploration progress at Carlingup with the identification of new high priority targets to add to the already substantial target portfolio. The ongoing systematic exploration targeting work has identified new structural features that have important implications for greenfields exploration,” Managing Director, Nicole Duncan, said.
“We are looking forward to commencing our RC drill programme shortly at Sexton and RAV8, followed by a significant greenfields exploration in Q4 2022.”
New Greenfield Targets
Over the wet winter months, NickelSearch has continued its systematic targeting work aimed at discovery of high-grade, Komatiite-hosted nickel sulphide deposits. The targeting work has been enhanced with the recently received total of 2,715 assays for multielement, ultra-fine soil geochemical results covering most of the 100% owned tenement package and the results of the recently completed ground gravity survey.
Integration of this new data and other primary targeting criteria such as high- resolution aeromagnetic data has identified two new greenfield exploration targets (Sprint and Relay) and enhanced an existing target at John Ellis West.
New Carlingup North Trend Targets
All three highlighted greenfields targets occur in the Carling North Trend which also hosts the Lipple and Wadley targets (previously called John Ellis North and John Ellis South, respectively).
This highly prospective corridor has a strike extent of 6km and is characterised by high-Mg komatiites with anomalous Kambalda (Ni/Cr/Cu/Zn) and Ni/Cr fertility ratio responses and PGMs indicative of nickel sulphides at depth.
Surprisingly, previous exploration has been restricted to search for nickel laterite only and the few fences of drill holes that cross parts of the target areas were shallow, generally less than 30m in depth.
The high priority standout greenfields targets and important targeting elements are:
1. John Ellis West: A strong coincident Kambalda ratio, Ni/Cr and PGM geochemical soil anomaly is associated with a magnetic high feature suggesting a thickening of the ultramafic stratigraphy in the area, like RAV8, and may indicate an ultramafic channel facies. Interestingly the target is flanked by two north-west trending gravity linear features.
2. Sprint: A very strong discrete Kambalda ratio, Ni/Cr and PGM geochemical soil anomaly is associated with an antiformal fold closure seen in airborne magnetics and forms within a north-west structural corridor like RAV8. It is completely untested by previous exploration.
3. Relay: A strong Ni/Cr and modest Kambalda ratio and PGM geochemical soil anomaly coincide with a pair of tight antiformal fold hinges. Like the Sprint target, they appear to form within a north-west trending gravity structural corridor which also passes through the Sexton and Javelin target areas to the south.
For further information please visit: https://nickelsearch.com/
