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Gold/Mining/Energy : Sudbury Saturday Night -- Nickel Mining & Nickel Prices

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To: LoneClone who wrote (7777)8/19/2021 2:31:55 PM
From: LoneClone  Read Replies (1) of 8374
 
Aldoro Resources hits massive sulphides in third and fourth drill holes at Narndee Igneous Complex VC1 target

The gold and nickel-focused explorer has encountered massive sulphides in all four holes at the VC1 target, which forms part of the broader Narndee Igneous Complex near Mount Magnet in Western Australia.

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The massive sulphide intersected by hole NDD0003 from 111.6 metres to 113.5 metres downhole.


Aldoro Resources Ltd ( ASX:ARN) has intersected massive nickel-copper sulphides within the third and fourth drill holes at the VC1 target within the Narndee Igneous Complex.

The latest results mean all four holes drilled to date at the high-priority target have intersected massive sulphides, with the third and fourth holes hitting around 1.9 metres and 0.9 metres of massive sulphides, respectively.

In addition, the ASX-lister has confirmed that sulphide mineralisation remains open in all directions beyond the 240-metre zone of drill-tested plunge extent, with analysis confirming that nickel and copper exists within the sulphides.

Paired with the new downhole electromagnetic datasets, Aldoro believes the latest drill results will help inform future drilling campaigns at the VC1 target.

Drill targeting at VC1

Aldoro’s diamond drilling program at the VC1 target forms part of a broader nickel exploration campaign that will take place across the Nardnee complex.

The first hole in the program was designed to test the central, strongest component of the VC1 electromagnetic conductor, but it was the second drill hole that really shined.

In fact, hole NDD0002 intersected significantly thicker and stronger zones of massive, semi-massive, blebby, and veined nickel-copper sulphides than its predecessor, even though it was designed to test a shallower, up-plunge position of the conductor 85 metres to the south-southwest.

The third diamond drill hole was created as an extension of NDD0002’s purpose, situated a further 80 metres to the south-southwest.

Promisingly, this hole returned a massive sulphide intersection between 111.6 metres and 113.5 metres.

Meanwhile, hole NDD0004 moved 80 metres to the north of the original hole, focused on a deeper, down-plunge conductor position.

This hole encountered massive sulphide mineralisation between 272.1 metres and 273 metres.



Ultimately, both the third and fourth holes intersected zones of massive, semi-massive, blebby and veined nickel-copper sulphides.

Overall, the VC1 target starts at the base of oxidation, approximately 115 metres south-southeast of NDD0003 and 45 metres vertically below surface.

The mineralised body’s strike length continues for as much as 100 metres and bears a 550-metre plunge extent.

Looking ahead

As it continues to explore at the Narndee complex, follow-up drilling will be predominantly guided by downhole transient electromagnetic (DHTEM) surveying.

The DHTEM survey crew is currently on-site to survey the holes completed by Aldoro, with the addition of a Maximus hole MNRC0002, which was found and probed to 240 metres last week.

DHTEM will be conducted on all holes completed at VC1 to aid and refine drill targeting.

There are now five holes slated for DHTEM survey; the results of which should significantly refine the models for follow-up drill targeting.

The drill rig will now move to the VC3 target to drill a single hole there, while DHTEM surveying and refined modelling will be completed at VC1.
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