Adavale hits back-to-back holes intersecting nickel sulphide at Kabanga
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Adavale Resources has flagged more zones of strong nickel sulphide mineralisation at its Kabanga Jirani nickel project in Tanzania.
The company intersected a 4.9m zone of blebby and heavily disseminated nickel sulphide mineralisation with occasional semi-massive veinlets from a depth of 200.7m in hole DDLUHC002 within the Luhuma Central prospect.
Notably, the mineralisation zone is ~60m up-dip from the 4.15m massive sulphide recently intercepted in drill hole DDLUHC001 which also targeted the same Audio-Magnetotelluric (AMT) anomaly.
Adavale Resources (ASX:ADD) believes positive drill results achieved thus far at Luhuma Central support the correlation between this AMT anomaly and nickel sulphide mineralisation.
Assays are pending with drilling now continuing on DDLUHC002 to test a second AMT anomaly at depth.
Adavale executive director David Riekie said achieving two significant nickel sulphide intersections with the first two drill holes at Luhuma Central is a “very positive outcome.”
“Both sulphide intersections correlate well within a discrete AMT anomaly previously identified by Adavale on this drill section,” he said.
“More importantly, this AMT anomaly can be traced to the north and south on adjoining AMT lines and will therefore feature strongly in targeted step-out testing over the coming months.
Once drilling at DDLUHC002 is complete, a decision will then be made to either drill a third hole on the current drill section or begin the targeted step-out drilling phase to the north and south, Riekie said.
“Drilling to test a strong AMT anomaly at HEM 2 to the south of Luhuma Central has also commenced with further drill updates to be reported in due course,” he added.
All diamond drill holes will be cased for future Downhole Electromagnetic (DHEM) surveys.
This article was developed in collaboration with Adavale Resources Limited, 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.