Advanced exploration Nickel-Chromium-Cobalt-Copper project in Western Australia

North Kalgoorlie Nickel Project – Opportunity

Mine Details

Commodity: Chromite, Cobalt, Copper, Nickel
Location: Australia
Terms: For Sale, Joint Venture, Negotiable
Price: Neg. Sale. JV.

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Summary:

I have an opportunity into an advanced exploration project for Nickel-Chromium-Cobalt-Copper project in Western Australia. The mineralisation is situated within ultramafic units near surrounding and underlying granitoids. Ultramafic target at these prospects extends for over 1.6km strike and there are other ultramafic targets to the north. Significant drilling has been historically undertaken with assay results including 6m @ 1.45% Ni; 4m @ 1.21% Ni and 8m @ 0.89% Ni. Due diligence documentation is available and more information about the opportunity.

Location and Access:

The tenure is located 120km NE of Kalgoorlie, excellent road access to the southern part of the project then station tracks allows access around the project.

Description:

I have an opportunity into an advanced exploration project for Nickel-Chromium-Cobalt-Copper project in Western Australia. The mineralisation is situated within ultramafic units near surrounding and underlying granitoids. Ultramafic target at these prospects extends for over 1.6km strike and there are other ultramafic targets to the north. Significant drilling has been historically undertaken with assay results including:

* 6m @ 1.45% Ni
* 4m @ 1.21% Ni
* 8m @ 0.89% Ni
* 16m @ 0.84% Ni
* 10m @ 0.68% Ni

Chromium assays are from 0.2% to over 1% Cr203 and Cobalt generally around 0.02% Co up to 0.07% Co. Copper assays are generally around 0.03% Cu. Mineralisation in some areas starts between 2m and 8m (possible starter-pit) and extends deeper heading to the south.

Geology:

The project lies within the Jubilee and Gindalbie Terranes. The Gindalbie Terrane is bound by the Mt Monger fault to the west, the Emu Fault to the east and the Randall Fault in the southeast. The Emu Fault marks the eastern edge of a zone which is dominated by rhyolitic rocks. The Emu fault is a granite/greenstone contact fault which is associated with deformation and higher grade metamorphism.

The Jubilee terrane contains a west dipping, and west-younging homoclinal sequence of basalt overlying felsic volcanics and volcaniclastics which in turn lie over basaltic lithologies with interflow komatiite units. The komatiites are dominated by olivine cumulate with minor gabbro and local basaltic facies with pyroxene-spinifex textures.

Several duplex structures and repetitions of komatiites suggest early D1 thrusting. This greenstone association consists of mafic-ultramafic volcanics with local coeval felsic volcanic centres. A dating of 2706±3Ma (Kelly, 2006) is attributed to a felsic volcanic between two komatiite units.

The local geology consists of a sequence of mafic volcanics, volcanogenic sediments, predominantly felsic in nature and chert with associated banded iron formation. Minor volcaniclastic sediments and acid-intermediate-mafic lavas are also present.

History:

The area has been explored since the early 1970’s for Nickel and PGEs. The are several nickel resources and operational mines within the area.

Additional Information:

There has been extensive drilling over the area and although there has not been any resource estimation, but with the historic drilling data available, an inferred resource model could be defined. I am a member of The Australasian Institute of Mining and Metallurgy (AusIMM) and a competent person under the JORC Code. With some funding I may be able to assist with defining a mineral resource.

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