Mount Ridley Mines Ltd (ASX:MRD) has started aircore drilling at the Mount Ridley Project near Esperance in the Albany Fraser Range province of WA, targeting nickel-copper-cobalt sulphides.
Given the number of geological features remaining untested, there is high potential for the company to identify further magmatic nickel-copper-cobalt sulphides within the project area.
Geophysical features targeted
The company’s technical team at CSA Global and SGC/GeoPotential Consulting have selected discrete magnetic geophysical features to target.
Mount Ridley is targeting similar magnetic features, potentially magmatic nickel-copper-cobalt sulphides, to those found in mineralised mafic-ultramafic intrusive lithologies in the vicinity of the Nova-Bollinger mine.
Magmatic nickel-copper-cobalt sulphides have been previously identified on the project hosted in rocks known to host nickel sulphide systems.
MLTEM surveys may follow
If the drilling campaign is successful, the company will seek to complete high-powered moving loop electromagnetic (MLTEM) surveys as soon as possible to target potential magmatic sulphide accumulations.
- Jessica Cummins