Aston Minerals Limited (ASX: ASO) has intersected a wide zone of nickel mineralisation in the maiden drill hole into the Boomerang Ni-Co Target, Edleston Project, Ontario, Canada.
Managing Director, Dale Ginn, said the grade and width of mineralisation in the first drill hole into the Boomerang target have far exceeded the company’s expectations.
“To intersect 287m at 0.3% Ni in the first drill hole, then subsequently to intersect blebby and disseminated nickel sulphides 2.4km along strike, is absolutely astounding.
“This hole has encountered over 500m of the nickel bearing host unit so far and is continuing to a planned depth of 1.2km or more.
“The logging of drill holes across three discrete sections of the intrusive unit and magnetic inversion modelling have confirmed that this is the along strike continuation which extends for over six km.
“The team has conducted an extensive review of globally significant nickel sulphide deposits including that of BHP’s Mt Keith Mining Operation and Sibayne Stillwater’s Santa Rita Project and have confirmed key elements of the respective deposit models are analogous to that of the Boomerang Target.
“Our second round of results will be from DDED21-059 which reported a total of 49.6m of logged semi-massive, blebby and disseminated nickel sulphide mineralisation, within a 214m interval of the nickel bearing host peridotite-dunite intrusive.
“SRC Laboratories have confirmed that these will be returned to us by the week ending 10 December. We look forward to providing further results to market as soon as these are received.”
Boomerang Target Overview
The Boomerang Target was identified through a geological interpretation undertaken based on recent drilling and reprocessing of magnetics. Through this process the extent and intense magnetic response of the Boomerang Target was recognised.
Magnetic inversion modelling of the Boomerang Target was undertaken to further constrain the geometry and extent of the dunite/peridotite complex. It is interpreted that this dunite/peridotite body extends for a strike of 6.5km, is 500 to >1,500m wide and extends to depths of well over 500m.
A total of 11 drill holes for 4,896 m of drilling to date have been completed across three sections of the Boomerang Target. All of the three sections have nickel sulphide mineralisation identified in logging and verified through handheld XRF.
DED21-057 is the maiden drill hole completed by the Company into the Boomerang Target which assays have confirmed intersected 287m at 0.3% Ni and 0.012% Co from 38.7m.
The second drill hole, DDED21-059, intersected substantially more sulphide mineralisation than that of DDED21-057 and includes semi massive and blebby sulphides in addition to disseminated sulphides.
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