Junior explorer NickelSearch (ASX:NIS) is continuing to target komatiitic nickel sulphides and lithium at its flagship Carlingup Project in Western Australia.
Speaking to Mining.com.au after her presentation at the 2023 Gold Coast Investment Showcase, NickelSearch Managing Director Nicole Duncan says the company has over 30 greenfield nickel sulphide targets across Carlingup.
“So, currently, we have a diamond drill at the site, and the diamond drill is doing 2 holes at the Sexton prospect. Sexton is a target that we drilled using RC (reverse circulation) in January; we put 4 RC holes into Sexton, and all 4 hit nickel mineralisation, and 3 of those 4 hit nickel mineralisation at over 1%.
“we put 4 RC holes into Sexton, and all 4 hit nickel mineralisation”
We also followed that up with downhole EM (electromagnetics), and the downhole EM showed a number of conductive plates, including a very conductive plate of over 50,000 siemens, and 50,000 siemens is quite a strong conductor.
So, the 2 diamond holes are along strike from those RC holes, and they are looking to get into the guts of that strong downhole EM plate. The very first diamond hole we have finished, and we’ve published visuals from the core from that diamond hole.
The core shows that we’ve hit an upper mineralised horizon at about 2m of nickeliferous material, and the lower mineralised horizon, just shy of 10m of nickel mineralisation.”
The MD tells this news service that the B1 target is ‘very interesting’, as there are historical indicators that it hosts a nickel system. The company completed 7 RC holes at this target in May 2023, with assays pending.
“We’re putting 1 deep diamond hole about 300m into B1 to really get into greater depths and to see what the structure looks like. So, we’re starting to understand the structure at B1, and just to see if we can get really good intersections of sulphide and really good intersections of nickel within that sulphide.”
Throughout June and July, NickelSearch will be conducting RC drilling at the Serendipity/B1, Sexton, and B1 prospects, while RC drilling at the RAV-8 prospect is slated to begin in August 2023.
Later in the year, the company will be conducting RC drilling at the Lipple and Wadley prospects from October 2023 and at the John Ellis West, Sprint, and Relay prospects from November 2023.
Additionally, lithium fieldwork and rock chip sampling will be conducted at Carlingup from August to October 2023, and volcanogenic massive sulphide (VMS) drilling will be carried out in December 2023.
Duncan tells Mining.com.au the company will be conducting drilling around the historical RAV-8 nickel mine, along with greenfield nickel sulphide discovery and exploration from October 2023 onwards.
“We’ve got other targets, like John Ellis West, Sprint, and Relay, so we’ll be able to go back into Sexton and B1, but we’ll also start drilling new targets as well.
“We have EIS (Exploration Incentive Scheme) co-funding to do the base metals drilling, so some of that cost will be borne by the Western Australian government”
And then we’re going to be following up on early signs of prospectivity for lithium through mapping and rock chip sampling, and we’ll also be drilling for base metals as well.
We have EIS (Exploration Incentive Scheme) co-funding to do the base metals drilling, so some of that cost will be borne by the Western Australian government.”
NickelSearch is an ASX-listed nickel sulphide explorer focused on advancing its flagship Carlingup Nickel Project near Ravensthorpe in Western Australia. Fellow ASX-listed explorer Medallion Metals (ASX:MM8) holds a 15.1% interest in the company.
The project has an existing resource base of 155,000 tonnes of contained nickel and is located in the same greenstone corridor as IGO’s (ASX:IGO) Forrestania nickel mining complex and adjacent to First Quantum Minerals’ (TSE:FM) Ravensthorpe Nickel Operation.
Write to Harry Mulholland at Mining.com.au
Images: NickelSearch Ltd