Company
ASX:NIS
NickelSearch Ltd (ASX:NIS) holds a dominant land position in a highly prospective Ravensthorpe Greenstone belt in Western Australia. The company's flagship Carlingup Project includes five currently known nickel sulphide deposits.
48 stories · page 3 of 3
Using an injection of funds from its IPO, the company wasted no time in exploring at Carlingup, and is in a good position to define its maiden resource with exciting finds returned in first assay results.
The aim is to prioritise targets more effectively for drill testing and thereby ensure the company maximises the value of its exploration expenditure by ‘drilling smarter’.
“NickelSearch has assembled an experienced, dynamic and energetic management team, to be led by Nicole Duncan, to execute the nickel sulphide strategy at our flagship Carlingup Project, an asset with immense potential,” NickelSearch’s chair
“We are very pleased to confirm that the previously reported sulphide intersections from our first RC drilling program at RAV8 have returned high-grade nickel as well as copper, cobalt and PGM values," says chairman.
“We have hit the ground running with our first drilling campaign commencing two days following the ASX listing,” says MD.
There ought to be plenty of newsflow in the coming months
"I am confident that this maiden drill program commencing at the RAV8 deposit will confirm and extend the known nickel sulphide system,” says MD.
NickelSearch has a dominant land position in the Ravensthorpe greenstone nickel belt adjacent to First Quantum Minerals’ Ravensthorpe Nickel Operation Shallow mineralisation open in most directions High priority brownfield and greenfield ta
