Golden Mile Resources to Commence Drilling at Quicksilver

THE DRILL SERGEANT: Golden Mile Resources (ASX: G88) is primed and ready to commence exploration RC drilling at the company’s Quicksilver nickel-cobalt project on the outskirts of Perth in Western Australia.

Golden Mile Resources has a field crew mobilised and a drill rig scheduled to arrive soon to undertake the Quicksilver primary drilling program that is to consist of nine RC holes to test the potential of disseminated nickel sulphides within the primary zone beneath the existing nickel-cobalt oxide Resource of 26.3 million tonnes at 0.64 per cent nickel, 0.043 per cent cobalt for 168,500 tonnes contained nickel and 11,300 tonnes contained cobalt.

The company anticipates the drilling may also provide further insight into the source of the Rare Earth Element (REE) mineralisation previously encountered in the oxide which remains unexplained.

“It’s exciting to commence this campaign on the back of the previous excellent drill results and test the primary potential underneath the oxide,” Golden Mile Resources managing director Damon Dormer said in the company’s ASX announcement.

“The possibility of disseminated nickel sulphides could increase the longevity of Quicksilver and provide significant scaling opportunities.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE