Norwest identifies gold, base metal potential at Arunta West
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Norwest now has a firm idea where to focus its 2022 exploration work at the Arunta West project following a preliminary review of soil sampling completed in 2021.
This work has identified several large geochemical anomalies including three anomalous coincident copper-lead-zinc zones and a large 12km by 1.5km gold-in-soil anomaly.
Adding further interest, several elevated lithium zones were also identified within previously modelled lithium-caesium-tantalum
Norwest Minerals (ASX:NWM) adds that a detailed study of the 6,550 samples covering the 840sqkm project is now being undertaken by consulting geochemist Dr Nigel Brand to further assess, rank and plan drill testing for all zones having potential economic mineralisation.
“The results of our 2021 soil work are very exciting, with multiple drill-worthy gold and base metal targets having already been identified,” chief executive officer Charles Schaus said.
“The detailed analytical work now being undertaken by consulting geochemist Dr Nigel Brand will further enhance our understanding of the project’s economic potential and confirm drill targets for the company to pursue during the June quarter.”
Interest in the resource potential of the Arunta belt near Western Australia’s border with the Northern Territory appears to be increasing given Rio Tinto’s (ASX:RIO) farm-in to Agrimin’s (ASX:AMN) ground.
This exploration landholding extends over 140km west from the border and shares a significant boundary with Arunta West.
Also adjoining the easternmost Arunta West tenements is IGO’s (ASX:IGO) underexplored ground covering 15,600sqkm.
IGO’s soil sampling programs have defined targets leading to the discovery of multiple base and precious metals prospects within their project tenure.
This article was developed in collaboration with Norwest Minerals, 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.