NickelSearch Ltd (ASX:NIS) has confirmed the presence of shallow nickel sulphides at Sexton prospect of the Carlingup Nickel Project in Western Australia, encountering nickel mineralisation in massive sulphides in each hole of its maiden drilling program.
The company drilled 487 metres across four holes at Sexton, with assays of note including:
- 3 metres at 1.11% nickel, 0.2% copper and 460 parts per million (ppm cobalt) from 39 metres;
- 5 metres at 0.51% nickel, 0.06% copper and 321ppm cobalt from 22 metres;
- 3 metres at 1.04% nickel, 0.09% copper and 273ppm cobalt from 72 metres; and
- 8 metres at 0.63% nickel, 0.16% copper, 258ppm cobalt and 204ppm platinum group elements (PGE) from 121 metres, including 1-metre at 1.03% nickel, 0.17% copper, 277ppm cobalt and 332ppm PGE from 125 metres.
Sexton demonstrates Carlingup prospectivity
“We continue to be very encouraged that Sexton has the potential to progress into a significant nickel discovery,” NickelSearch managing director Nicole Duncan said.
“The assay results alongside the modelled DHEM plates suggest mineralisation extends at depth and down-plunge.
“The very high conductivity of the DHEM plates also highlights the potential to intersect a high-grade channel, which will be a key focus for follow-up drilling.
“Assays from the recent drilling and the success of the DHEM surveys give us confidence in continuing with systematically testing our 30+ greenfields targets defined across Carlingup.
“Sexton is a great indicator of the ability of Carlingup to host nickel sulphide mineralisation, and possibly represents the edge of increased mineralisation.
“We look forward to commencing follow-up drilling at Sexton and maiden reverse circulation (RC) drill programs at greenfields targets Serendipity, B1, Lipple and Wadley in the second quarter of this calendar year.”