NickelSearch encouraged by new survey results at Sexton
Melbourne, Victoria
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August 07, 2023 01:45 PM Eastern Daylight Time
NickelSearch Ltd (ASX:NIS) MD Nicole Duncan tells Proactive the company is encouraged by the results of a downhole electromagnetic (DHEM) survey at Sexton Prospect within its Carlingup Nickel Sulphide Project near Ravensthorpe in Western Australia.
Duncan says it corroborates the visual sulphides intersected in two recently completed diamond drill holes. The recent diamond drilling intersected the massive sulphides in the upper mineralised horizon (UMH) and lower mineralised horizon (LMH), with the latter found at shallower depths than anticipated in one of the drill holes.
“The alignment of the conductive plates at Sexton with known mineralisation is encouraging, with potential for further positive results beyond the limit of testing,” Duncan said.
“It is particularly pleasing to see the conductive plates continuing as far as we can assess with the DHEM survey.
“We intersected visual sulphides, including massive sulphide mineralisation in our June 2023 diamond drilling at Sexton and overlaying this information from the DHEM surveys gives us confidence in the prospectivity of Sexton.
"We look forward to assay results in the coming weeks.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
