Si6 Metals (ASX:Si6) reports it has received ‘encouraging’ results from exploration works in Botswana as it seeks to accelerate exploration activities in the country.
The company has received the results from recently completed soil and rock sampling, trenching, and mapping at regional prospects in Botswana. The prospects are outside of the main Maibele base metals resource areas and are owned 100% by Si6.
The fieldwork focused on the Maibele East, Mashambe, and Gobajango prospects, targeting base and precious metals. Si6’s secondary focus was on assessing the prospectivity for pegmatite-hosted mineralisation such as lithium, caesium and tantalum, rare earths, and gold.
Si6 is primarily exploring for base and precious metals in the Limpopo Mobile Belt in Botswana, a district known for hosting major nickel and copper producing operations.
The company’s portfolio contains an advanced Ni-Cu-Co-PGE resource at Maibele North and drilled high-grade Cu-Ag discoveries at Airstrip and Dibete that are in joint venture with BCL Limited (BCL), which has been in liquidation for several years. The JV tenements are controlled 60% by Si6 and 40% by BCL.
The project contains nickel sulphide mineralisation related to ultramafic intrusions within mobile belt rocks and is broadly similar in style to other ultramafic intrusion-related mobile belt nickel discoveries such as IGO’s NovaBollinger (ASX:IGO), Chalice Mining’s Julimar (ASX:CHN) and the globally significant Thompson Belt in Canada.
It currently hosts a resource of 2.4Mt @ 0.72% Ni and 0.21% Cu + PGMs + Co + Au.
“These encouraging results in Botswana on our 100% owned tenure are a positive development for Si6”
Addressing the results, Si6 Technical Director Steve Groves stated: “These encouraging results in Botswana on our 100% owned tenure are a positive development for Si6 as we look to accelerate exploration activities in the country. Si6 intends to continue the work which has started on this tenure as we aim to build a stronger understanding of these areas and generate a number of priority drill targets for future programs.”
In addition to these activities, Si6 is also preparing to commence drilling at our joint venture ground in Botswana this year, with several key targets identified from previous work. We are currently progressing the required approvals to commence this work. Having exploration activities underway at both our joint venture and 100%-owned properties in Botswana is an exciting prospect that is now within our grasp and we look forward to updating shareholders on our progress in this regard.”
Write to Adam Orlando at Mining.com.au
