NickelSearch confirms massive nickel sulphides at Sexton

–News Direct–

NickelSearch Ltd (ASX:NIS) MD Nicole Duncan tells Proactive the company is growing confident about its greenfield targeting strategy at the Carlingup Nickel Sulphide Project near Ravensthorpe in Western Australia after diamond drilling assays confirmed massive nickel sulphide mineralisation at the Sexton Prospect. The results have confirmed that the mineralisation extends to the limits of the downhole electromagnetic (DHEM) survey, with conductance up to 30,000 Siemens, and is open up- and down-plunge from the current 250-metre strike length. NickelSearch is planning to follow up on the confidence-building results at Sexton as well as at B1, where past results from electromagnetic surveys at the latter will be reviewed for further ultrafine soil sampling. Planning is also underway for drilling at Carlingups other greenfield targets, beginning with Lipple and Wadley in early October, if weather permits.

Armed with fresh analysis performed since ASX listing, NickelSearch has been able to reconsider the historical information, and each of the six holes we have drilled at Sexton has intercepted nickel sulphide.

This gives us confidence to continue our work on other greenfield targets across Carlingup, plus also plan further drilling at Sexton to vector in on potential higher grades and thicker zones, Duncan said.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

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Nickelsearch Ltd

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