NickelSearch reckons sampling at Carlingup has struck the hallowed ‘Kambalda Ratio’
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NickelSearch has identified four priority greenfield target areas for follow-up at its Carlingup project and has wrapped up aircore drilling at two other prospects.
The new target areas were identified by soil geochemical sampling that returned the much sought after ‘Kambaldo Ratio’ in the central part of the main Carlingup Nickel Trend between the RAV8 and RAV5 deposits.
This identifies areas of enriched nickel, copper and depleted chromium and zinc with a ratio of more than three considered to be an indication of fertile nickel sulphide deposits at depth.
Both the John Ellis North and John Ellis South targets that NickelSearch (ASX:NIS) has just completed aircore drilling over are strong and widespread Kambalda Ratio soil anomalies associated with a large dome shaped magnetic feature.
This is supported by a historical nickel-copper sulphide intersection at the Sexton target area, which also features a strong Kambalda Ratio anomaly coincident with a strong platinum group metals anomaly.
“While we continue with the resource infill and extension drilling across Carlingup, it is exciting to have our soil geochemical work identifying promising new targets for the company’s project pipeline,” managing director Nicole Duncan said.
“The soil sampling results have highlighted the nickel-copper-platinum group metals prospectivity over the broader Carlingup Nickel Trend.”
Systematic ultra-fine soil geochemical sampling is continuing to generate additional greenfield target areas.
This work will extend to areas where previous soil sampling lacked multi-elements needed for geochemical fertility studies, which are fundamental for nickel sulphide targeting.
Final data from a recent helicopter-borne electromagnetic survey is currently under review and will be used to refine and prioritise greenfield nickel sulphide targets for follow up exploration work.
Additionally, a ground electromagnetic survey will begin in the coming weeks at John Ellis South to identify anomalies that may be related to massive nickel-copper-cobalt-PGM sulphides at depth.
Downhole electromagnetic surveying is also scheduled to commence this week at RAV8, RAV5 and RAV4 West to identify anomalies with the aim to extend massive nickel-copper-cobalt-PGM bearing sulphide mineralisation through a follow-up drill program.
This article was developed in collaboration with NickelSearch, 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.