Significant PGE assays have been returned across several nickel sulphide targets at the William Lake nickel project in Canada, giving Leeuwin Metals confidence to kick off maiden drilling in the coming weeks.
Leeuwin Metals (ASX:LM1) is going forth with plans to begin high-impact drilling at William Lake after significant PGE assays confirmed the presence of PGE values associated with high-grade nickel mineralisation.
Surface FLEM surveys were also completed with results confirming high-priority target areas such as W56 and W22.
The FLEM survey at W22 identified a high-priority conductor that previous drilling has not effectively tested, and at W56, the survey confirmed the continuity of existing mineralisation, identifying an additional 550 meters of undrilled, prospective strike along from high-grade drill intercepts.
Diamond drilling to kick off in June quarter
At the W22 target, initial PGE sampling has identified significant widths of previously unrecognized mineralization with individual assays up to 6.58g/t PGE (5.12g/t Pd, 1.46g/t Pt).
Significant Intervals include 11.27m at 1.52% nickel and 1.8g/t PGE from 257.4m, 8.2m at 1.56% nickel and 1.8 g/t PGE from 257.4m, as well as 14.4m at 1.04% nickel and 1.45 g/t PGE from 343.9m.
Leeuwin says these results will assist in vectoring planned diamond drilling towards high-grade mineralisation, which is expected to kick off in the June quarter.
‘Underexplored and primed for discovery’
“These results assist in targeting early high impact drill targets and confirm our belief that the project remains underexplored and primed for discovery,” LM1 managing director Christopher Piggot says.
“These results and the existing high-quality data set allow us to focus on the project’s scale and high-grade potential and we look forward to commencing our maiden diamond drill program in the coming weeks.”
Upcoming programs
The results of the recently completed FLEM survey have helped to vector planned diamond drilling within the W56 target area.
Proposed drilling will be testing extensions to the known mineralised envelope as well as adding further definition to interpreted high grade nickel shoots within the 2km of strike already defined at W56.
The interpreted shoots have an apparent 100-200m strike extent with a steeply southeast plunging continuity and drilling is designed to add further geological and geophysical constraints ahead of future resource definition drilling.
In addition, the drilling will provide a platform for the utilisation of Down Hole Electromagnetic surveys (DHEM) to vector further drilling towards potential massive sulphide bodies.
This article was developed in collaboration with Leeuwin 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.