Aircore drill assay results released by Sipa Resources Ltd (ASX:SRI) have added weight to previously-identified nickel and cobalt mineralisation at the 100%-owned Skeleton Rocks Project in Western Australia.
The exploration company completed twenty holes for 1,064 metres at the Nicoletti and Oetiker 3 prospects, with significant areas left to be tested as drilling was restricted to the paddock margins due to the target area being under crop.
“We continue to methodically explore our tenement package at Skeleton Rocks and have further nickel-copper and pegmatite targets to test once the cropping season is over,” Sipa Resources managing director Pip Darvall said.
The Skeleton Rocks project covers outcropping and interpreted greenstone units prospective for gold, lithium and nickel-copper-platinum group element deposits, with limited to no previous drilling ever completed in these areas.
Image showing the exploration areas at Skeleton Rocks.
Adding weight
At the Nicoletti prospect, assays have confirmed and extended the known nickel-cobalt anomalism deeper and along strike.
Standout results include:
- SRAC0150 - 16 metres at 0.38% nickel, 287 parts per million (ppm) cobalt and 1.73% chromium from 16 to 32 metres; and
- SRAC0153 - 12 metres at 0.30% nickel, 200 ppm cobalt and 0.53% chromium from 32 to 44 metres.
More work is being planned to test other geophysical and geochemical anomalies along strike to the east and west.
At the Oetiker 3 prospect, re-drilling across some of the historical intercepts logged as ‘pegmatites’ intersected quartz-carbonate veins and granite. This has therefore downgraded the target.
When access is possible, future drill programs will include testing of additional pegmatite intercepts about 1.6 kilometres to the south at the Oetiker 1 prospect.