PepinNini Minerals (ASX:PNN) has started ground geophysical surveying at the Cooperinna project in South Australia targeting magmatic nickel-copper sulphides across the Musgrave Province.
Exploration activities will include the ground electromagnetic surveys as well as infill vacuum drilling that will allow the company to refine and prioritise the diamond drill testing of a number of priority VTEM and SkyTEM targets within the project.
The geophysical surveys will be undertaken to further refine and model airborne VTEM and Sky TEM conductivity targets. Both moving loop and fixed loop EM surveying are planned and should take about 2 weeks to complete.
Infill vacuum drilling activities have focussed on the Yagen, Alma, Pegasus, Cactus and Deception Prospects during the first part of 2013 with the aim of extending bedrock mapping beneath shallow cover and testing the geochemical dispersion patterns across each of the prospect areas.
Previous geochemical analyses of regolith samples taken using the vacuum rig have returned maximum values of 260 parts per million nickel and 350ppm copper from the Alma Prospect and 470ppm nickel and 130ppm copper from the Yagen Prospect.
It had a cash balance of $1.67 million at the end of the quarter ending March 2013.
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