The new Dalwallinu project is heating up the company’s Cosmos South project, where NickelX recently completed diamond drilling. Pic via Getty Images.
Mining
Exploration activities, including a low-level drone magnetometer survey of the entire Dalwallinu Project, have kicked off in the emerging West Yilgarn province in WA.
This comes roughly a month after NickelX (ASX:NKL) acquired 80pc of the project from Blue Ribbon Mines in a bid to build out its portfolio of nickel projects.
The survey will be carried out by Sensorem and is expected to help constrain the magmatic stratigraphy of the target intrusive prospective for nickel-copper-PGE mineralisation with results available by the end of November.
Geochemical, geophysical, and field work programs have been planned and are being organised covering the high priority D1 target and the priority D2-D12 targets over a strike length of 6km of the Barra Barra greenstone belt, where mafic and ultramafic units have been identified.
“The NickelX exploration team hit the ground running soon after the acquisition of the Dalwallinu Nickel Project,” NKL managing director Matt Gauci says.
“We believe Dalwallinu is an exciting opportunity for the discovery of Ni-Cu-PGM in the emerging West Yilgarn Nickel Province.
“The historical shallow soils geochemistry numbers are outstanding – the PGE numbers are some of the highest seen from soil sampling in this highly prospective Western Yilgarn Region.”
This article was developed in collaboration with NickelX, 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.
