Golden Mile Resources Commences Drilling at Quicksilver Nickel-Cobalt Project

THE DRILL SERGEANT: Golden Mile Resources (ASX: G88) has kicked off an eight hole diamond drill program at the company’s Quicksilver nickel-cobalt project in Western Australia.

Golden Mile Resources explained the drilling is part of Stage 3 metallurgical test work being undertaken to further de-risk the proposed flowsheet and provide confidence to proceed to a Scoping Study.

A secondary purpose of Stage 3 metallurgical test work is to carry out further tests on the viability of adding further value by downstream processing the nickel and cobalt as well as assessing the potential for REE by-products.

Stage 2 metallurgical test work completed last year had developed the company’s understanding of the saprolitic mineralisation at Quicksilver.

Golden Mile is continuing to develop the metallurgical flowsheet and is gaining more confidence in the process with results to date encouraging the continuation of this work.

“The company will also incorporate additional studies to explore downstream options to produce secondary nickel products suitable for electric vehicle (EV) batteries as well as high value industrial products which may add further value but is not required for the current business model,” Golden Mile Resources said in its ASX announcement.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE