NickelSearch finds anomaly at Carlingup ahead of maiden drilling

Soil sampling at NickelSearch’s Serendipity and B1 prospects within the Carlingup nickel sulphide project in WA has highlighted nickel and coincident pathfinder anomalism – including an exceptionally high soil nickel value of 3,900ppm (0.39%) nickel.

Of the 223 soil samples over three high priority target areas, 106 (47%) have values over 500ppm nickel and 16 have values over 1,000ppm nickel.

The company says the results of this soil sampling program combined with previous geological mapping and magnetic surveys will help guide the upcoming maiden drill program at both prospects.

Maiden RC drilling in April

NickelSearch (ASX:NIS) MD Nicole Duncan says the latest round of soil sampling results continues to validate the company’s greenfields exploration strategy across its extensive Carlingup tenure.

“Following the recent success at our Sexton target, we are excited to commence our maiden drill programs at both the Serendipity and B1 greenfields targets,” she said.

“The team is very eager to test Serendipity, given it extends over 1km of strike and the results from soil sampling are clearly anomalous.

“Our maiden drill program at Serendipity and B1 is scheduled to commence in April and follows our recent drilling success at Sexton.”

Follow up drilling at Sexton

During 2022, the company systematically progressed several greenfields targets to drill ready status,” Duncan said.

Serendipity and B1 greenfields target areas are high priority, along with the Sexton target where the company is also planning follow up drilling into the recently identified nickel-bearing mineralisation.

NickelSearch is also planning to drill the Lipple and Wadley targets in Q2 CY2023.

This article was developed in collaboration with NickelSearch Limited (ASX:NIS), 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.