Resource Mining Corporation Ltd (ASX:RMI) has begun exploration at the Liparamba Nickel Project in Tanzania, where the company is investigating two nickel sulphide targets with large coincidental geophysical and geochemical signatures, previously identified by BHP Ltd and Albidon Ltd.
The targets are along 3-4 kilometres of a known mafic-ultramafic contact zone, where mineralogical studies have confirmed the presence of nickel sulphide mineralisation, particularly along the southwestern contact.
RMI’s early site investigations confirmed the presence of this mafic geology, having identified historical trenching by previous explorers and outcropping mafic rocks.
“Very exciting opportunity”
“We are very excited to commence exploration at Liparamba,” Resource Mining Corporation CEO Andrew Nesbitt said.
“This presents a very exciting opportunity as previous work carried out by BHP has indicated high quality and significant walk-up, drill-ready targets.
“We are confident of success and this exploration should assist with the company’s strategy of locating significant nickel resources within our Tanzanian project portfolio.”
RMI has begun with a large, 4.4-square-kilometre Audio-frequency Magnetotellurics (AMT) geophysical survey to confirm known targets, expected to be completed by mid-April.
From there the company plans to complete an initial 12-hole, 2,160-metre reverse circulation (RC) drilling campaign to test at least the two known targets, expected to begin in early May.
The Resource Mining Corp team has already secured access from local authorities and the community and has begun clearing for the AMT survey and additional geological mapping.
Liparamba targets, proposed RC drill holes and AMT Survey lines.