Enegex (ASX: ENX) reports that it has been awarded up to $90,500 via the Western Australian Government’s Exploration Incentive Scheme.
The grant, operated by the state’s Department of Mines, will act as a 50% contribution towards six RC drill holes at the Miamoon Ni-Cu-Co-PGE Project located 190km northeast of Perth.
Commenting on the grant, Enegex Director Rae Clark said: “This is a fantastic outcome for Enegex and gives us recognition of the excellent exploration and targeting work of our technical team.
“We look forward to commencing our maiden drilling program to begin testing geophysical targets for mineralisation similar to the Ni-Cu-Co-PGE-Au discoveries at Julimar and Yarawindah Brook”
We look forward to commencing our maiden drilling program to begin testing geophysical targets for mineralisation similar to the Ni-Cu-Co-PGE-Au discoveries at Julimar and Yarawindah Brook.
We wish to thank the Western Australian Government and the Department of Mines, Industry Regulation and Safety for their continued support of the exploration industry.”
The company notes that scheduled drilling will take place at Miamoon’s Spitfire Target, which its says contains anomalously high densities across 1,400m of strike.
In addition, results from future drill campaigns at Spitfire may have the potential to predict other fertile magmatic target zones elsewhere across the company’s tenure, however, discussions on accessing the target area with a local landowner are ongoing.
The Miamoon Project and Spitfire Target are located within an under-explored region of Western Australia, covering a total land area of 1,247km².
The region has seen a recent uptick in exploration following Chalice Mining’s (ASX:CHN) Gonneville PGE-Ni-Cu-Au discovery in March 2020.
Moving forward, the company reports that reconnaissance field visits are continuing to target areas across both the Miamoon and Miling projects, while capture of assay and spatial geology data from historical exploration is continuing.
