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NickelSearch Extends Massive Nickel Sulphide Mineralisation at Sexton Prospect — ASX:NIS| ASX Mining News & Discussion
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Lykeshares
2y
Official
$NIS
NickelSearch Extends Massive Nickel Sulphide Mineralisation at Sexton Prospect
NickelSearch Limited (ASX: NIS) has announced significant progress in extending the nickel sulphide mineralisation at their Sexton prospect, located within the Carlingup Nickel Sulphide Project near Ravensthorpe, Western Australia. A Reverse Circulation (RC) drill program was completed by the company, focusing on geochemical and geophysical anomalies at three high-priority target areas: Javelin, Sexton, and RAV8 South 1.
Nicole Duncan, Managing Director of NickelSearch, expressed excitement about the findings: "We are thrilled to expand upon the known mineralisation at Sexton. The eagerly anticipated assay results will further contribute to our understanding. Visual logging has confirmed mineralisation in three holes at Sexton, with a six-meter interval in 23NRC012 showing similarities to the historic hole RVD01015, which achieved 2.2 meters at 1.2% Ni and 0.17% Cu from 98.1 meters (refer to NIS announcement on May 16, 2022).
Pending the assay results, further drilling will be conducted along the strike at Sexton. Additionally, we remain
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focused on targeting RAV8, which previously produced 16.1 kilotons of nickel at 3.45% Ni, including 9.6 kilotons of nickel at 5.83% Ni. The geology of the area has demonstrated the potential for exceptional high-grade nickel massive sulphides."
NickelSearch's exploration efforts at the Sexton prospect have yielded positive visual indications of significant mineralisation. The forthcoming assay results will provide crucial insights into the nickel and copper content of the drilled samples, further validating the potential of the prospect.
Following the receipt of assay results, NickelSearch plans to continue testing along the strike at Sexton, aiming to uncover additional areas of mineralisation. Simultaneously, the company will maintain its focus on RAV8, a target area that has previously demonstrated substantial nickel production.
The latest extension of the massive nickel sulphide mineralisation at the Sexton prospect reinforces NickelSearch's commitment to unlocking the full potential of the Carlingup Nickel Sulphide Project. The company remains dedicated to exploring and harnessing the valuable resources present in the area.
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128d
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Berkshire is hoarding so. much. cash.
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Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
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159d
Official
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