THE DRILL SERGEANT: Ardea Resources (ASX: ARL) has delineated a strong off-hole conductor by way of a downhole electromagnetic (DHEM) survey at Emu Lake within the company’s Kalpini project in Western Australia.
Ardea Resources had the survey carried out on recently drilled hole (ALED0001) at Emu Lake defining a strong off-hole conductor north of the hole.
The company explained hole AELD0001 was drilled in December 2020, targeting a DHEM anomaly based on legacy data compiled by geophysical consultants, Newexco.
The hole intersected a stringer zone of nickel sulphides at 382m the company believes may be remobilised from a source defined by the AELD0001 DHEM modelling.
“Ardea remains focussed on their Kalgoorlie Nickel Project nickel laterite and developing this project to provide ethical and sustainable nickel and Critical Mineral supply for the rapidly expanding lithium-ion battery supply chain,” Ardea Resources managing director Andrew Penkethman said in the company’s ASX announcement.
“In tandem with this priority, compelling nickel sulphide and Critical Mineral exploration opportunities continue to be evaluated that can provide further KNP upside.
“This initial core hole at Emu Lake is a good example of the upside potential.
“The hole was drilled into an EM anomaly based on legacy data and was aimed at making a komatiite hosted (Kambalda style) nickel sulphide discovery.
“Given the low industry wide success rate in making nickel sulphide discoveries, it is extremely encouraging to see that we have identified a strong conductor along strike from the initial target that could represent an accumulation of high-grade nickel sulphide.
“We are looking forward to drilling this quality target whilst also working up additional compelling drill targets through a series of geophysical programs currently underway at Emu Lake, Highway and Black Range.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE