Toro Energy Limited (ASX: TOE) has intersected massive and semi-massive nickel sulphides down-dip of the discovery intersection in the follow up diamond drill hole at the Dimma Ni-sulphide discovery in Western Australia.
The follow-up intersection highlights the potential for Ni-sulphide mineralisation in the Dimma location and the continued potential of the company’s 100% owned Dusty Nickel Project located in the Yandal Greenstone Belt, some 50km east of the world class Mt Keith Nickel Deposit.
Diamond drill hole TED42, the follow-up drill hole at the Dimma discovery, intersected a zone of intermittent Ni-sulphide mineralisation some 20.5m thick, with dilution included, starting from 296.5m downhole. The zone included a 2.5m thick (downhole) intersection of massive Ni-sulphide at its base starting from 314.7m downhole and a 30cm thick (downhole) intersection of semi-massive Ni-sulphide at the top from 296.5m downhole, with zones of disseminated Ni-sulphides between.
Multiple spot analyses using a hand-held portable X-Ray Fluorescence instrument (hh-pXRF) suggest local nickel concentrations within the massive and semi-massive Ni-sulphide of between 1.0 and 3.1% Ni.
The massive/semi-massive Ni-sulphide intersection is located in the same stratigraphic position as in the discovery hole, at the base of the Dusty Komatiite. Geological interpretation is ongoing, however the downhole depth of the follow-up Ni-sulphide intersection suggest the massive Ni-sulphide at Dimma has a sub-vertical orientation with the intersection in TED42 at least 50-60m down-dip of the intersection in TED41. The Dimma discovery hole TED41 intersected 3.6m of massive Ni-sulphide downhole, potentially grading between 1.45 and 3.66% Ni from 244.1m downhole.
The Dimma discovery is located approximately 400m to the SSE of the recent Jumping Jack discovery, along strike of the Dusty Komatiite, which is in turn located approximately 400m SSE of the Houli Dooley discovery and 800m SSE of the original Dusty discovery.
The Dusty Komatiite extends to the north of Dusty for approximately 1.5km, which remains untested by drilling, and it extends for approximately 4.5km south of Dimma, also untested by drilling to date.
This leaves the majority of the Dusty Komatiite untested along strike and all of the mineralisation so far discovered at the four locations being Dusty, Houli Dooley, Jumping Jack and Dimma, open at depths above and below the current positions drilled. Logging and geochemical sampling of TED42 core is continuing.
Due to the current unprecedented demand, labour shortages and COVID related staffing issues at geochemical laboratories in Western Australia, geochemical results should not be expected until the final quarter of 2022. Drilling continues on the Dusty Nickel Project. Further updates to the market will be made by the company with any significant developments that occur.
For further information please visit: https://www.toroenergy.com.au/
