Dalaroo Metals (ASX:DAL) reports that it has commenced a diamond drilling (DD) program at the Manning prospect, as part of its Namban Project in Western Australia.
The company says drilling has been designed to test ‘significant’ nickel-copper-platinum group element+gold (Ni-Cu-PGE+Au) geochemical anomalies coincident with induced polarisation (IP) anomalies that boast high chargeability values up to 40mV/V.
Adding on, Dalaroo notes drilling will comprise 5 drillholes and will be partly funded by its successful application in Round 26 of the Exploration Incentive Scheme sponsored by the Government of Western Australia. It is reported up to $175,000 will be delivered from the Department of Mines, Industry Regulation and Safety (DMIRS), and will be structured as a contribution towards 50% of direct drilling cost.
“The diamond drilling program underway at Manning is expected to confirm the presence of magmatic intrusion hosted Ni-Cu-PGE+Au and or hydrothermal deposits”
Drilling is now underway and is expected to be completed by mid-March 2023, with drill core samples (once logged and processed) being dispatched for multi-element analysis. Assays are expected to be received during the June 2023 quarter.
Commenting on the drilling program, Dalaroo Metals Managing Director Harjinder Kehal said: “We are excited to be diamond drilling at our Manning prospect after defining significant and high calibre Ni-Cu-PGE+Au anomalies which are coincident with IP anomalies with chargeability values of up to 40mV/V.
The diamond drilling program underway at Manning is expected to confirm the presence of magmatic intrusion hosted Ni-Cu-PGE+Au and or hydrothermal deposits north of Chalice Mining’s Goneville Ni-Cu-PGE deposit and the recent discovery by Minerals 260 of Au-Cu mineralisation at Angepena, Mynt and Zest prospects located 10km to the south-east.
The drilling is also expected to provide important information on the stratigraphy, lithologies and alteration assemblages related to the identified geochemical and geophysical anomalism at Manning. Subsequently, expanding the current understanding on controls on magmatic Ni-Cu-PGE+Au and hydrothermal/structural hosted mineralisation in the emerging West Yilgarn Province.”
The company also notes the start of drilling comes at a time in which greenfields exploration activity has been ‘significantly’ increased within the Southwest Terrain, following the Goneville/Julimar magmatic PGE-Ni-Cu discovery in April 2020.
Other recent exploration programs that have been undertaken in this area have returned additional quality greenfield drill intersections, not only for magmatic nickel sulphide, but also for gold and copper, which underpins the prospectivity of the Southwest Terrain.
In addition, the company notes the high chargeability values of up to 40 mV/V correlate well with the eastern anomalous Ni-Cu-PGE Geochem anomaly results.
Dalaroo Metals is an ASX-listed base metals exploration company focused on creating shareholder wealth through new Ni-Cu-PGE and lead-zinc-copper (Pb-Zn-Cu) discoveries. The company’s Namban project is located in Western Australia and comprises an underexplored ground package totalling 437km-square within the wheatbelt region, which is described by Dalaroo to be prospective for magmatic intrusion related Ni-Cu-PGE deposits.
Other assets included in the company’s exploration arsenal include the Lyons River Project about 1,100km north of Perth, Western Australia.
Images: Dalaroo Metals Ltd
