Narryer poised for nickel-copper-PGE drilling
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Narryer has defined drill targets at its namesake nickel-copper-PGE and rare earths project in Western Australia after completing surface sampling.
The fieldwork has identified mafic-ultramafic rocks coincidental with high priority conductivity anomalies which it recently identified from a recent heliborne electromagnetic survey over the nickel-copper-PGE prospective Mt Nairn area.
Narryer Metals (ASX:NYM) is currently preparing to start its maiden reverse circulation drill program targeting the EM targets this quarter.
Surface sampling is also underway to identify new rare earth element and PGE target areas.
“The company sees exciting indicators from the recent field checking and surface sampling around the conductor areas, with coincidental mafic-ultramafic outcrop,” managing director Dr Gavin England said.
“These are the rocks which typically host nickel-copper-PGE deposits. The recent field visit was also able to define drill locations for testing PGE mineralisation at Taccabba Well and radiogenic gneisses which potentially host rare earths.”
Mt Nairn covers more than 1,200km2 and is the current focus of exploration at the Narryer project.
The recent heliborne EM survey identified 19 anomalies within the Milly Milly, Irrida and Cn2 areas, nine of which are considered high priority and contain late time conductors which the company believes to be drill worthy.
Most of these were found to have mafic and ultramafic rocks proximal to the anomalies and were sampled for assay, with results pending.
The company plans to drill 30 holes to test the nine anomalies.
Narryer also plans to drill the Taccabba Well PGE prospect where recent field work accurately located diamond drill holes collars recorded in historical exploration reports.
This has allowed the company to better vector in on the prospective 1m to 3m wide chromite bands and reduce the number of drill holes required to test the target.
Chromite bands are often associated with layered PGE deposits, such as the Bushveld Complex in South Africa and Panton Sill in WA’s Kimberley region.
This article was developed in collaboration with Narryer 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.