Adavale clocks significant mafic-ultramafic intrusion at Kabanga Nickel Project
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Team Adavale has determined a likely connection between their Kabanga NE’s Target 7 and a historical massive sulphide intersection 3km away at Luhuma, making for some exciting follow-up work streams for the new year.
Adavale has confirmed a significant mafic-ultramafic intrusion hosting disseminated sulphides at Target 7 within its Kabanga Jirani Nickel Project in Tanzania.
Fine grain disseminated sulphides have been intersected throughout most of the drill hole (RCDDKNE13-07-02) from about 83m to the end of the hole at 330.9m. pXRF readings of the core returned readings up to 1.7% Ni and MgO levels up to 24% typical of mafic-ultramafic intrusions
The company says high sulphide concentrations of around 10% have been intersected over two intervals between 148m to 161m and 172m to 182m, while the finer disseminated sulphides ranged between 5% from 240m to 330.9m.
Although the orientation and true thickness of the mafic body is not known at this point, Adavale (ASX:ADD) believes that it may in fact be an extension of the mineralised Luhuma intrusion.
If proven to be the case, ADD says the actual strike extent of the Luhuma intrusion would approach 8km in length.
Chief executive officer Allan Ritchie said the company is “very excited” about the discovery of a potentially significant mafic-ultramafic intrusion at Target 7.
“This intrusion is a potential game changer for Adavale as it may be part of the same mineralising system intersected by a historic Luhuma drillhole LUH06 wedged between Kabanga NE and Adavale’s recently announced farm-in licences that returned 1.1% nickel over 8.4m,” he said.
“Recent introduction of gravity surveying to the company’s targeting armoury and the second drill rig is beginning to pay dividends as we are seeing with the Target 7 discovery.”
Given Adavale’s recent recapitalisation, he said it was in a very enviable position to prioritise its drilling on this discovery and on its other target-rich licences.
This places Target 7 with other recently identified mafic bodies at Target 16 and Target 21, which will form the high-priority target areas for ongoing exploration and evaluation in 2022.
Programs are being prepared to extend detailed gravity and ground EM coverage around Target 7 and ADD says the surveys will extend both to the SW and NE to join up with the existing gravity survey to the south of the Luhuma Retention Licence. Additionally Target 7 drill hole has been successfully cased in preparation for DHEM.
“The results of these programs will be crucial to planning future drill programs in this area,” Adavale said. ADD is setting out to drill several stratigraphic, orientated cored holes across the strong gravity features early in 2022.
This article was developed in collaboration with Adavale Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.