South Boulder Mines (ASX: STB) and Independence Group (ASX: IGO) have hit more massive sulphide zones at the Duketon Nickel joint venture in Western Australia.
Hits at the Rosie prospect included some very high grade palladium.
Highlights include from a diamond hole:
- 6.53 metres at 2.87% nickel, 0.57% copper, 0.08% cobalt and 6.00 grams per tonne (g/t) 6PGE’s from 588 metres; including
- 3.77 metres at 4.17% nickel, 0.67% copper, 0.12% cobalt and 9.51g/t 6PGE’s from 589 metres.
These results also included a massive sulphide intercept of; 0.81 metres at 9.76% nickel, 1.15% copper, 0.17% cobalt and 7.77g/t 6PGE’s from 589 metres.
The potential remains for more decent hits in the short term, with more assays pending.
The current diamond drilling exploration program is part of a major resource definition program designed to test the continuity of mineralisation on a nominal 80 metre by 80 metre, and a 80 metre by 40 metre pattern.
Two rigs are currently operation, with the program forecast to take around three months.
A Scoping Study into an open pit / underground mining scenario is underway.
The project is located 120 kilometres from Laverton, located in the Duketon Greenstone Belt.