NickelX Ltd (ASX:NKL) has now delineated 12 kilometres of prospective strike at the Dalwallinu Nickel Project in WA, identifying multiple high-priority nickel-copper-platinum group element (PGE) geochemical anomalies.
NKL is hunting for Julimar-style mineralisation at the project, which sits within the West Yilgarn region.
The latest soil sampling results – gathered in 50-metre by 50-metre grids over four geochemical targets – represent some of the highest PGE assays to date within the West Yilgarn, up to 73.7 parts per billion (ppb) platinum and palladium as well as 466 parts per million (ppm) nickel and 843 ppm copper.
2,500 metres of drilling in the works
“The team is very excited by the combined 12 kilometres of strike of geochemical anomalies recently defined, which confirms the significant prospectivity of the Dalwallinu project for nickel-copper-PGE mineralisation,” NickelX managing director Matt Gauci said.
“This, combined with the recent drone magnetic survey and MLEM and FLEM survey results, has now identified numerous high-priority targets, prospective for Julimar-type nickel-copper-PGE mineralisation.”
Gauci also highlighted the strong conductor responses in recent modelling of Moving Loop Electromagnetic (MLEM) and Fixed Loop Electromagnetic (FLEM) bedrock conductors at DEM1 and DEM2, prospective for massive nickel sulphides.
The company says the high-priority EM targets are well complemented by results from the latest sampling program.
“A 2,500-metre reverse circulation (RC) and diamond drilling campaign is being organised with the Department of Mines, Industry Regulation and Safety (DMIRS) and drilling contractors have been engaged to drill test these very significant nickel-copper-PGE targets,” Gauci concluded.
Access agreement and due diligence
Apart from drilling permit efforts, NickelX has inked access and exploration agreements with four relevant Dalwallinu landowners for future exploration drilling and development activities.
The company has also initiated due diligence and engagement with the Local Aboriginal Cultural Heritage Services (LACHS) in adherence with the WA Labor Party’s soon-to-be-implemented Aboriginal Cultural Heritage Act (2021).
Overall, the Dalwallinu Project covers 86 square kilometres of the Barra Barra Greenstone Belt, about 150 kilometres northeast of the Julimar project, on accessible private farmland with sealed road frontage and access to water and infrastructure.
Pending drilling permits and the LACHS engagement, Nickel X aims to be drill testing the D1-D4 and DHEM1 and DHEM2 high-priority targets in the September quarter of 2023.