Estrella Resources Intersects Massive Sulphides Beneath Carr Boyd Mine
THE DRILL SERGEANT: Estrella Resources (ASX: ESR) reported the intersection of two broad zones of massive and semi-massive nickel-copper sulphides below workings of the company’s Carr Boyd nickel mine near Kalgoorlie in Western Australia.
Estrella Resources encountered the mineralisation in drillhole CBDD064, a diamond drillhole that was targeted across the dip of mineralisation to assist the company and CSIRO in understanding the relationship of the Carr Boyd mineralisation to the T5 Discovery on the Carr Boyd basal contact one kilometre away to the northwest.
CBDD064 intersected massive and semi-massive nickel-copper sulphides beneath the Carr Boyd nickel mine, including:
Main Zone: 16.96m massive and semi-massive nickel-copper-sulphides from 193.9m;
Mid Zone: 1.32m semi-massive to matrix nickel-copper-sulphides from 242.9m; and
Lower Zone: 12.91 semi-massive, matrix and disseminated nickel-copper-sulphides from 256.1m.
Estrella Resources said the intersection confirms the continuation of nickel-copper sulphides below the old workings and coincides with a Downhole Electromagnetic (DHEM) response modelled from the top portion of CBDD056A, which the company drilled into the basal contact in October 2021.
“I am highly encouraged by these latest rounds of results from CBDD064 as it confirms massive sulphide mineralisation continues below the old Carr Boyd workings,” Estrella Resources managing director Chris Daws said in the company’s ASX announcement.
“While our focus is very much on drilling, we are also highly focused on determining the Carr Boyd sulphide’s relationship to the T5 mineralisation found on the Basal Contact.
“Through our ongoing work with the CSIRO, which includes logging and geochemical analysis, we are highly confident on determining this link which, if it exists, means a very exciting time ahead for investors as it is proof this large pool of sulphides may still exist at depth.”
Email: info@estrellaresources.com.au
Web: www.estrellaresources.com.au
