Auroch Minerals Limited (ASX:AOUASX:AOU) (Auroch or the Company) is pleased to announce it has commenced a ground dipole-dipole IP geophysical survey at the Nepean Nickel Project in Western Australia (Auroch Minerals 80%).
Highlights
- A ground dipole-dipole induced polarisation (IP) survey has commenced over the northern part of the Nepean Nickel Project where a recent geochemistry review highlighted the prospectivity of the ultramafic sequences for nickel sulphide mineralisation
- The survey will take approximately three weeks, with ongoing results to be assessed for potential anomalies
- NPDD013, the second drill-hole into the Nepean Deeps target area, is currently at ~450m depth down-hole and is on schedule to intersect the 1A/1B electromagnetic (EM) target next week
The ground IP survey will cover approximately 5.1km2 over the five northern tenements of the Nepean Project (Figure 1, Table 1) after results from a detailed review of drill-hole geochemistry highlighted the prospectivity of the ultramafic sequences in this area for nickel sulphide mineralisation.
The ultramafics in this area have high nickel to chrome (Ni:Cr) ratios indicating lava pathways, elevated Ni:MgO ratios and platinum group elements (PGEs) which indicate potential mineralised systems and proximity to primary sulphide mineralisation, and elevated Kambalda ratios (Ni/Cr x Cu/Zn), all of which highlight the potential of these ultramafic units to host significant nickel sulphide mineralisation.
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