Excitement builds for Si6 as AMT survey indicates extended nickel sulphide mineralisation at Maibele North
Link copied to
The company’s Botswana portfolio contains an advanced nickel-copper-cobalt-PGE resource at Maibele North, as well as drilled high-grade copper-silver discoveries at Airstrip and Dibete.
Si6 Metals (ASX:SI6) has completed its Mailbele AMT survey within the Limpopo Mobile Belt in Botswana – a district known for hosting major nickel and copper producing operations – after defining and extending its existing anomalies.
The company has been undertaking a multi-faceted exploration campaign employing a variety of ground geophysical techniques designed to target deeper mineralisation for follow-up drill testing.
“The Maibele AMT survey has proven very effective at mapping existing nickel-sulphide mineralisation at Maibele North,” Si6 executive chairman Patrick Holywell said.
“There is certainly great potential to make additional nickel discoveries – the 2021 geophysical survey programs have now been completed with outstanding results achieved.”
“We are confident of a successful upcoming drilling campaign and look forward to the commencement.”
During 2021, the exploration company completed an initial 27-line Audio frequency Magnetotellurics (AMT) survey across the Maibele North orebody to search for deep extensions of mineralisation below and along strike of the current Maibele North Resource.
Evidence of deeper mineralisation at Maibele North has previously been confirmed by Si6, with two adjacent holes on the Eastern section of the prospect, MADD0153 and MARD0094, where nickel sulphides were intersected at depth in both holes.
Results of the initials survey over Maibele North provided great encouragement for the effectiveness of the AMT to detect further mineralisation and potentially extend the orebody deeper below the current resource envelope, the company said.
Several prominent anomalies were detected on the edge of the survey, and Si6 recently completed a series of extensions and extra lines to close off these zones in preparation for drill targeting.
Results of the extension survey have confirmed the existence of several deep target zones and resolved some of the edge effects of the initial survey.
Three notable zones are evident:
Si6 says all three zones represent “excellent, large drill targets and provide real potential to increase the Ni-CuCo-PGE sulphide mineralisation at Maibele North.”
This article was developed in collaboration with Si6 Metals, 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.