NickelSearch’s first Sexton drill hole intersects deeper visual sulphides
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NickelSearch has confirmed massive sulphides are present at depth within the Sexton prospect within its Carlingup nickel sulphide project near Ravensthorpe, Western Australia.
The company noted that the first of two diamond holes has intersected further visual sulphides in the deeper target of the Lower Mineralised Horizon (LMH), which follows closely on the heels of intersecting nickel mineralisation in the Upper Mineralised Horizon (UMH).
While laboratory assays will be required to determine exactly what has been intersected, the results do indicate that the drill program is achieving its objective of testing two distinct bodies of mineralisation encountered in earlier drilling and correlated by DHEM surveys.
Encouragingly for NickelSearch (ASX:NIS), logged results from the diamond hole show an increasing thickness of nickel mineralisation down-plunge while ongoing observations confirm that the overall plunge length of Sexton mineralisation extends to 190m and remains open both up- and down-plunge.
“Diamond drilling is ongoing at Sexton, one of our highly prospective targets at Carlingup,” managing director Nicole Duncan said.
“This is the second intersection of visual nickel mineralisation for this first diamond hole, which aims to confirm the presence of thicker sulphide mineralisation down-plunge at Sexton which we identified from our earlier RC drilling campaign.
“This additional intersection confirms the presence of massive sulphide mineralisation at depth and gives us significant optimism around our nickel sulphide exploration program.”
The hole encountered multiple sulphide intersections ranging from 0.25m to 0.95m in thickness over a 9.85m interval within the LMH.
These sulphides are predominantly pyrrhotite +/- pentlandite and pyrite, with minor chalcopyrite.
Samples from the drill hole will be sent for laboratory analysis with results expected in about five to six weeks.
NickelSearch will soon drill a second diamond hole at Sexton prospect about 60m along strike of the first hole and to a depth of 250m.
A third hole will be drilled at the B1 Prospect, where drilling in May confirmed and extended the area of known historical nickel sulphide intercepts with sulphide-bearing komatiites and cumulate ultramafics logged.
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.