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"AIRCORE DRILLING
A 48 hole (2,162 metre) aircore drilling program has been completed over seven (7) targets at the Plumridge
Nickel Project (Figure 4). The objective of the drilling was to collect geological and lithogeochemical data to
provide an initial test of the target zones that had been identified in airborne magnetic and MLEM data.
Over 700 samples have been sent to ALS Minerals in Perth for multi-element geochemical assaying. The assay
results are expected to be received within 10 days. Full details of the aircore drilling programme are in
Appendix A.
First pass aircore drilling at the E21 Target intersected a variety of felsic and intermediate schist and gneiss
to an average depth of 48m (refusal). This package of rocks is interpreted to have been thrust over the E21
magnetic anomaly/intrusion, which appears to be plunging to the northeast beneath the gneiss and schist
that was intersected in drilling. Figure 3 shows the position of the C1 conductor plate relative to the depth
of aircore drilling over E21.
First pass aircore drilling at the E21 Target intersected a variety of felsic and intermediate schist and gneiss
to an average depth of 48m (refusal). This package of rocks is interpreted to have been thrust over the E21
magnetic anomaly/intrusion, which appears to be plunging to the northeast beneath the gneiss and schist
that was intersected in drilling. Figure 3 shows the position of the C1 conductor plate relative to the depth
of aircore drilling over E21.
MOVING LOOP ELECTROMAGNETIC SURVEY (MLEM)
The E28 Target (tenement E28/2266) is located to the immediate south east of the E21 Target and is covering
a newly identified prospective magnetic feature. The survey is currently 50% complete with 187 stations
competed over 17.7 line kilometres (Figures 6a & 6b). The survey is scheduled for completion by the end of
September 2014.
AIRBORNE MAGNETIC SURVEY
A 7,080 line kilometre detailed airborne magnetic survey has been completed over E39/1731 (approximately
600km2
) and is currently with Newexco for processing and interpretation. This 100m line spaced survey
supercedes the existing regional data and will be merged with the wider detailed magnetic data set. The
results, including a more detailed interpretation of the margins of E21, are expected by the end of September
2014. "
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