NickelSearch Ltd (ASX:NIS) has generated much-needed drill targeting data in a soil sampling program at the Carlingup Nickel Project, investigating the priority B1 and Serendipity target areas.
The company previously encountered intercepts up to 6 metres at 1.0% nickel and 0.05% copper and 5 metres at 1.1% nickel and 0.06% copper, giving NIS confidence there is potential for economic mineralisation in the area.
Apart from B1 and Serendipity, NickelSearch is targeting other greenfield opportunities in the form of the Wadley, Lipple and John Ellis West regional targets, which it intends to drill test in the first half of this calendar year.
Greenfield exploration strategy
“We are excited to bolster our drill-ready greenfields nickel sulphide exploration targets ahead of maiden drill programs scheduled for H1 CY2023, with the addition of B1 and Serendipity following the soil sampling results,” NickelSearch managing director Nicole Duncan said.
“Serendipity and B1 are in addition to the untested Wadley, Lipple, John Ellis West and other prospects.
“These untested targets complement the drilling at Sexton and RAV8 South targets that will be followed up in combination with these maiden drill programs.
“We are committed to delivering greenfields exploration success by consistently building, refining and systematically drill-testing the pipeline of new targets, which we believe will unlock the significant value of the Carlingup Nickel Project.”
NIS intends to complete follow-up drilling on Sexton as soon as results from a downhole electromagnetic (DHEM) survey and previous drilling assays have been received and assessed – expected in March.