BPM gets hearts racing with lead-zinc indications at Earaheedy
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BPM Minerals has identified key unconformity – an indicator of lead-zinc-silver mineralisation – during a site visit at its recently acquired Hawkins project in the Earaheedy Basin.
A reconnaissance site visit was undertaken by BPM (ASX:BPM) CEO Chris Swallow and newly appointed exploration manager Oliver Judd at Hawkins, which sits along strike from Rumble Resources (ASX:RTR) and Zenith Minerals’ (ASX:ZNC) Chinook lead-zinc discovery.
Those neighbours yesterday announced a series of standout drill hits at Chinook.
Mineralisation at Chinook is hosted at the unconformable contact between the Frere Iron and Yelma formations. Those two stratigraphic units and the unconformity were also observed at BPM’s Hawkins project.
Judd said it was great to get out in the field.
“I’m excited to get on the ground at Earaheedy and get moving on explorations activities in what is a highly prospective and emerging base-metals region,” he said.
“We will continue to make further visits in the coming weeks with a sampling program to be completed at Ivan Well in the coming days.
“I am glad to be joining BPM, a no-nonsense exploration company focused on exploring some of Western Australia’s great base and precious metal regions.”
BPM holds three projects at Earaheedy – Hawkins, Ivan Well and Rhodes – with each covering the same stratigraphic target zone as the Chinook discovery.
The team will return to Earaheedy later in the week to complete a first-pass soil orientation survey at the granted Ivan Well project, with exploration designed to identify key mineralised horizons and structures.
The tenement at Hawkins is expected to be granted in August, and once granted the company plans to complete gravity geophysical surveys in conjunction with mapping, geochemical and rock chip sampling. Drilling is planned for Q4 of this year.
Meanwhile, BPM is making final preparations for its 10,000m aircore drilling program at the Santy gold project in WA, where drilling is scheduled to begin in early July.
At the Nepean gold-nickel project, a litho-geochemical review is underway including sampling of 1m splits from phase one drilling.
This review is expected to guide the next phase of exploration activity at the project for BPM.
This article was developed in collaboration with BPM Minerals, 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.