Cassini confirms West Musgrave as high-order nickel target
THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has received the results of a report conducted by independent consultant Dr Jon Hronsky on the geophysical interpretation of the company’s 100 per cent-owned West Musgrave project in Western Australia.
Cassini said the report has provided some context to several discrete anomalies, identifying them as high priority, potentially large scale nickel sulphide targets.
The company said Hronsky described the West Musgrave project in his report to be “…one of the most significant unexplored opportunities for a large scale, NiS [nickel sulphide] deposit in Australia…”.
Hronsky’s positive interpretation has led Cassini to re-evaluate the prospectivity of the West Musgrave project.
Aeromagnetic image of the Musgrave project showing the exploration target and main features. Source: Company announcement
Cassini is targeting Norilsk (Siberia) or Voisey’s Bay (Canada) style mafic –intrusion hosted Ni-Cu sulfide at West Musgrave similar to that recently discovered by Sirius Resources (ASX: SIR) at its Nova discovery.
Cassini has continued to advance exploration at the West Musgrave project this year, having entered into an access agreement with the local Traditional Owners (Ngaanyatjarra), completed heritage surveys and conducted reconnaissance mapping to determine appropriate exploration techniques.
The recent geophysical interpretation by Hronsky has identified a number of specific targets using a reinterpretation of existing data.
“The generation of these new discrete targets will now allow the company to carry out airborne electro-magnetic (EM) surveys over a much smaller area, with a view to potentially locating EM conductors which can subsequently be drilled,” Cassini Resources said in its ASX announcement.
“It should be noted that due to the unique geology in the Musgrave, ‘false EM conductors’ are rare and anomalies generally signify metal sulphide mineralisation.”
Cassini has now applied for additional exploration licenses, contiguous with the existing Musgrave licenses, where additional targets have been identified.
The company said it has laid out a clear exploration path including airborne EM and if successful, drilling these targets to assess their potential for nickel-copper sulphide mineralisation.