Major electromagnetic survey underway on the hunt for nickel at Yarmany
Link copied to
Metal Hawk has kicked off a major geophysical electromagnetic survey in the search for nickel sulphides across the Yarmany project in WA.
In July 2023 Metal Hawk signed an option to acquire the Yarmany nickel-lithium project, which covers 282km2 along the Ida Fault, a major regional structure between the Kalgoorlie and Youanmi Terranes, from gold development company Horizon Minerals (ASX:HRZ).
The tenure has 50km of strike potential along the Ida Fault, home to Delta Lithium’s (ASX:DLI) advanced lithium project of the same name.
And yet Yarmany has seen very little nickel sulphide exploration activities since the 1970s and limited lithium exploration.
MHK is aiming to fast-track plans for lithium and nickel drilling in 2023. This major airborne Electromagnetic (AEM) survey will cover the entire 50km extent of the tenements, targeting nickel sulphides along the Ida Fault.
“This is a very exciting time for Metal Hawk as this is the very first EM survey carried out on the Yarmany project,” Metal Hawk (ASX:MHK) managing director Will Belbin said.
“We look forward to seeing the results from this survey as we are confident it will generate quality nickel sulphide drill targets.”
The Yarmany project is also highly prospective for lithium, with a review of old drilling uncovering unassayed pegmatites – a lithium host rock — up to 49.7m downhole thickness.
None of this material was assayed for lithium and the current location of the drill core is unknown.
Metal Hawk has collected several gossan samples from the prospect and submitted them for analysis.
“The style of mineralisation we’re exploring for at Yarmany is similar to Western Australian Komatiite-hosted deposits, which contain massive nickel sulphide zones and produce detectable EM anomalies,” Belbin told Stockhead.
The EM survey is expected to be completed within two weeks and will support ongoing regional interpretation and target generation for komatiite-hosted nickel sulphides, the company says.
Maiden drilling is scheduled to begin in the fourth quarter of 2024.
The company has also identified new walk-up lithium targets from historical diamond drilling will also be tested in the first campaign of RC drilling at Yarmany.
This article was developed in collaboration with Metal Hawk, 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.