Parmelia identifies bedrock conductor at Dunnsville nickel prospect
THE DRILL SERGEANT: Parmelia Resources (ASX: PML) has recently completed a moving-loop electromagnetic (MLEM) survey completed at the Dunnsville nickel prospect within the company’s Jaurdi Hills project near Coolgardie in Western Australia.
The company announced the survey confirmed the presence of a moderate to strong bedrock conductor down-dip of anomalous nickel and nickel-sulphide pathfinder soil geochemistry in a nickel-sulphide prospective geological setting at the Southern High Priority Target.
The high power, deep-penetrating B-field MLEM survey was carried out by Gap Geophysics during November for the purpose of testing for conductivity responses indicative of nickel-sulphide mineralisation.
The survey identified a moderate to strong bedrock conductor at the Southern High Priority Target.
Parmelia said follow-up 3D geological modelling suggests the conductor is located on the basal contact of the Jaurdi Ultramafic Belt and centred down-dip of an historical nickel and nickel-sulphide pathfinder soil geochemistry anomaly.
Results from the survey achieved 1260ppm nickel, 315ppm copper, 150ppm cobalt and 125ppb platinum and lead.
Southern High Priority Target map featuring nickel, copper, cobalt and
platinum + palladium soil geochemistry. Source: Company announcement
The top of the conductor is approximately 150m below surface with a strike-extent of 600m and a more conductive central core detected over about 400m.
A down-dip extent of 325m dips towards the south-west in agreement with stratigraphy, which mapping suggests dips towards west-south-west and it plunges shallowly towards the north-west.
The company said the orientation and location of the MLTEM model is relatively consistent with a previously modelled GEOTEM conductor, which it considers to confirm the source is a genuine bedrock conductor.
“Confirmation of a bedrock conductor down-dip of anomalous nickel and nickel-sulphide pathfinder surface geochemistry at the basal contact of the Jaurdi Ultramafic Belt points to significant potential for a nickel-sulphide discovery at the Southern High Priority Target,” Parmelia Resources executive chairman Nigel Gellard said in the company’s announcement to the Australian Securities Exchange.
“We continue to be encouraged by developments at Dunnsville and look forward to drilling the conductor to determine its source.”
Website: www.parmeliaresources.com