Buxton Resources Ltd (ASX:BUX) has commenced induced polarisation (IP) and resistivity surveys at the Double Magic nickel-copper project in the West Kimberley region of Western Australia.
The drill results from 2015 and ongoing work during 2016 has confirmed that the most attractive exploration target at Double Magic is a primary magmatic nickel-copper sulphide deposit.
Buxton has chosen to proceed with an IP survey at Double Magic because primary magmatic sulphides may not be detected by electromagnetic surveys.
Buxton’s pioneering use of IP represents a paradigm shift for exploration in the West Kimberley since only electromagnetic survey techniques have been applied in the region to date.
Buxton acquired the Double Magic project in late April 2015, after more than 50 years of exploration in the area by other parties.
Drilling in 2015 confirmed better than economic grades and thicknesses at the Merlin prospect, with widespread >1% nickel sulphide intersections over a 3 square kilometre area.
Buxton is planning a significant drill program at Double Magic for the 2017 field season.
The detailed investigations currently underway will give future drilling programs the best possible chance of yielding significant results.
The high-power and high density pseudo-3D IP and resistivity survey are currently underway.
Last week, Buxton granted Independence Group NL (ASX:IGO) the exclusive right to acquire its 90% interest in nickel tenements located in the Fraser Range of Western Australia for $1.5 million in cash.
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