Mr
"The nickel-copper anomaly defined on the northern trend is characterised by exceptional nickel in soil values and this new prospect represents further upside to the Mt
Highlights
-
- The new anomaly represents potential for further upside to the existing Ni-Cu deposit
- Program confirmed and constrained a high value nickel in soil trend, with peak values up to 1,770 ppm Ni, which extends over a significant strike length of up to 1.2km in length
-
Soil Sampling Overview
The recent program included infill sampling over the northern parts of the Mt Sholl project area, where previous work completed by Raiden defined broad nickel in soil anomalism.
The infill sampling results have defined a very high-grade nickel in soil anomaly, extending over several kilometres along a WNW striking corridor. The peak value defined was 1,770ppm Ni with multiple anomalies, constrained by >900ppm Ni values, extending across the northern parts of the project area.
All the sampling and analysis was carried out under the memorandum of understanding (MOU) with
At this time, the source of the nickel anomalies is not known, but may be related to a potential VMS (Volcanogenic Massive Sulphide) system. These anomalies add further district scale potential to Raiden's base metal portfolio in the Pilbara.
Further field mapping and potentially geophysical surveys will be undertaken by First Quantum over the nickel anomalies defined by this soil program.
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/T745DHL7
About
Contact:
Managing Director
dusko@raidenresources.com.au
www.raidenresources.com.au
Copyright (C) 2024 ABN Newswire. All rights reserved., source