The Black Hills Project is 30km northeast of the Julimar PGE-nickel-copper-cobalt-gold deposit discovered by Chalice Mining (ASX:CHN).

Mamba Exploration is ready to move into reverse circulation (RC) drilling at the Black Hills and Calyerup Creek Projects in Western Australia after receiving final approval from the Department of Mines, Industry Regulation and Safety (DMIRS).

Two RC drill rigs have already been mobilised with drilling set to begin tomorrow, the company said.

Three deep RC holes are planned to provide the initial test of the high priority EM and magnetic anomaly, interpreted to extend for around 750m northeast to southwest and extend to a depth of around 400m.

Mamba (ASX:M24) says this anomaly is associated with a mapped mafic / ultramafic intrusive feature at the northern end of a +6km long PGE trend.

Mamba Exploration
Pic: Location of Mamba’s Black Hills project

At the same time, approvals are in for the drilling of 50 holes on the Calyerup Creek Gold Project, located in the Great Southern of Western Australia.

These approvals have taken almost 10 weeks for DMIRS to process, which has slightly delayed the commencement of the drilling.

However, onsite preparations are well advanced and drilling is scheduled to begin on Friday, December 10th testing two 1,400m long soil anomalies which have not undergone any previous work since 1989.

M24 managing director Mike Dunbar said the initial drilling at both the Black Hills and the southern prospect within the Calyerup Creek Gold Project will be completed before the end of the year.

 

 

 

This article was developed in collaboration with Mamba Exploration, 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.

Read MoreCopperGoldGold NewsGold StocksNickel

Featured Companies

You might be interested in