Miramar nabs approval for drilling to look for new kind of nickel at Mount Vernon
Miramar Resources has received Program of Work (POW) approval for drilling at its Mount Vernon nickel-copper-PGE project in the Gascoyne region of WA – one of several granted or pending exploration licences which make up the Bangemall project.
The approved RC and/or diamond drilling will test nickel-copper-PGE targets associated with Kulkatharra Dolerite sills.
“At Mount Vernon, our detailed magnetic and EM survey highlighted a number of highly conductive late-time EM anomalies inboard of the outcropping basal contact of a dolerite sill which has several significant historic nickel and copper results in soil and rock chip samples,” Miramar Resources (ASX:M2R) executive chairman Allan Kelly said.
“The modelled plate over the highest priority target has a similar footprint to the ground EM anomaly outlined at Nova-Bollinger prior to the discovery drill hole.”
The Bangemall project area has been highlighted by both Geoscience Australia and GSWA as having potential for nickel-copper-PGE mineralisation related to the Kulkatharra Dolerite, which is part of the Warakurna Large Igneous province and is the same age as the Giles Complex in the West Musgraves – which hosts the large Nebo and Babel nickel-copper deposits.
Kelly said the project had several high-priority drill targets which could result in the discovery of a new style of nickel mineralisation in WA.
“Geoscience Australia and the GSWA both identified the potential for the Kulkatharra Dolerite sills to host significant Ni-Cu-PGE mineralisation such as the giant Norilsk deposits in Siberia,” he said.
“Despite this, very little relevant project-scale work has been completed to date,” he added.
The upcoming work program will commence following the completion of IOCG drilling at the company’s Whaleshark project.
This article was developed in collaboration with Miramar Resources, 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.