PO Box 1007, Scarborough WA 6922 : Suite 24, Level 3, 25 Walters Drive Osborne Park WA 6016
Email [email protected] : Website www.northernmining.com.au
Telephone (08) 9244 8499 : Facsimile (08) 9244 3166
ABN: 30 113 654 229 : ACN: 113 654 229
ASX CODE NMI
NEW NICKEL DISCOVERY AT BLAIR NORTH
• The first hole of a 3,750 metre RC drilling programme which commenced on
Monday 16 June, intersected two zones of nickel mineralisation close to surface
• Results include 8m @ 1.84% nickel and 1m @ 4.4% nickel
• Good width and grade only 120m below surface with high potential for up dip
extension
• Potential for further high grade intersections adjacent to and along strike
• High potential for a new deposit in a prime location, 30km southeast of Kalgoorlie
BLAIR NORTH PROSPECT E25/268 – EAST KALGOORLIE PROJECT, WESTERN AUSTRALIA
(Northern Mining earning 75%, Cazaly Resources 25%, ASX: CAZ)
Assay results from the just completed reverse circulation (RC) drill hole into a massive nickel sulphide target
indicate a significant new nickel discovery with near surface primary nickel sulphide mineralisation at the Blair North
prospect, 30km southeast of Kalgoorlie, Western Australia. Two zones of nickel mineralisation were intersected in
hole BNRC019 (Table 1).
Table 1: Hole BNRC019 – Significant Nickel Assay results
Hole
Number
Northing Easting Dip Azim From
(m)
To
(m)
Intercept
(m)
Ni
Assay
(%)
Cu
Assay
(ppm)
Comments
BNRC019
6590399
381178
-50
105
156
164
8
1.84
1440
Sulphide Nickel
Including 156 159 3 2.63 2414
161 163 2 2.94 1825
161 162 1 4.40 2174
Sampling was carried out on individual 1.0 metre intervals. Analysis was carried out at Kalassay Laboratories
using total (4 acid) extraction prior to analysis by ICP/OES
Drill hole BNRC019 is the first hole to test the off-hole DHTEM anomaly highlighted by the recently completed
downhole geophysical programme (ASX release 13 May 2008). The source of the anomaly lies above and slightly
south of BNRC008 (Figure 1). Its modelled size ranges from 20m x 30m with very high conductivity thickness of
5000S to 30m x 50m with lower conductivity thickness of 2000S – both being consistent with a massive sulphide
source. Because of its high conductivity, geological position and coincident geochemical response, the anomaly
was recommended by Newexco as a high priority drill target.
BNRC019 intersected 8m of sulphides grading 1.84% Ni from 156m downhole depth including a 1m zone of strong
sulphides grading 4.4% Ni from 161m downhole depth. The intercept occurs up dip from a previously reported
nickel intercept in hole BNRC008 of 1m @ 0.53%Ni (ASX release 05 March 2008).
Commenting on the new discovery, Managing Director, Mr Craig Dawson, said “This is an exciting new
development for Northern Mining. The good width and grade of this intercept is further enhanced by the intercept
being only 120m below surface with high potential for up dip extension. It supports our confidence in the
Announcement to the Australian Stock
Exchange Tuesday 24 June 2008
N O R T H E R N M I N I N G
L I M I T E D
PO Box 1007, Scarborough WA 6922 : Suite 24, Level 3, 25 Walters Drive Osborne Park WA 6016
Email [email protected] : Website www.northernmining.com.au
Telephone (08) 9244 8499 : Facsimile (08) 9244 3166
ABN: 30 113 654 229 : ACN: 113 654 229
ASX CODE NMI
prospectivity of the Blair North prospect and is the result of the excellent work
undertaken by our geological consultants Newexco, lead by Adrian Black, Michael Woodhouse
and Bill Amann. A detailed review of this result will be undertaken as soon as possible to allow for the
planning of a follow-up drill programme”.
Newexco’s Adrian Black commented that “This is an exciting new discovery with the potential for further high grade
intersections adjacent to, and along strike from the present drillhole. This discovery enhances the nickel
prospectivity of the Blair North tenements in an area where there is very limited previous exploration and drilling”.
Hole BNRC019 was the first hole of a 3,750 metre RC drilling programme which commenced on Monday 16 June
at E25/268 Blair North. The immediate aim of the programme was to drill test the massive nickel sulphide target
associated with the off-hole anomaly, followed by extending the zone of gold mineralisation along strike and
up/down dip from the previous intercepts. Previously reported best gold intercepts include: Hole BNRC010, 25
metres downhole* (from 99m to 124m) @ 4.05g/t Au, including internal high grade zones of 10m (from 107m to
117m) @ 8.39g/t Au. Hole BNRC017, 24 metres downhole* (from 36m to 60m) @ 2.16g/t Au, including an internal
high grade zone of 8m (from 37m to 45m) @ 5.64g/t Au.
The drill rig has moved on to the gold focussed drilling at the Southern edge of the tenement and the Company will
update the market with results from the programme as it progresses.
The programme has been designed by, and is being supervised by, Newexco Services Pty Ltd (Newexco).
Note * These are single hole intercepts into different mineralised occurrences and as such it is not possible to determine the
orientation of the holes to the mineralisation. No meaningful, true width estimates of the mineralisation can therefore be made at
this stage, as the attitude of the mineralised body is not known.
Figure 1: Location of BNRC019
BNRC019
BNRC008
PO Box 1007, Scarborough WA 6922 : Suite 24, Level 3, 25 Walters Drive Osborne Park WA 6016
Email [email protected] : Website www.northernmining.com.au
Telephone (08) 9244 8499 : Facsimile (08) 9244 3166
ABN: 30 113 654 229 : ACN: 113 654 229
ASX CODE NMI
Alan Lockett
Chairman
NORTHERN MINING LIMITED
Information in this announcement that relates to Exploration Results is based on information compiled by Adrian Black,
Newexco Consulting Geologist, who has sufficient experience which is relevant to this style of mineralization and type of deposit
under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 edition
of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Adrian Black as an
independent consultant to Northern Mining Limited and is a member of the Australasian Institute of Geologists and consents to
the inclusion in the report of the matters based on the information in the form and context in which it appears.
Figure 2: Current Drilling Programmes (Showing E25/268 Nickel Discovery)
Northern Mining’s East Kalgoorlie Tenements
Northern Mining’s Current Drill Programmes
- Forums
- ASX - By Stock
- new nickel discovery at blair north
PO Box 1007, Scarborough WA 6922 : Suite 24, Level 3, 25 Walters...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $10.14M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.2¢ | $1.573K | 71.48K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 98512 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 30000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 98512 | 0.022 |
1 | 100000 | 0.021 |
4 | 815000 | 0.020 |
2 | 323684 | 0.018 |
2 | 424301 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 366240 | 3 |
0.025 | 100000 | 1 |
0.026 | 36000 | 1 |
0.027 | 328666 | 2 |
0.030 | 20000 | 1 |
Last trade - 11.47am 26/07/2024 (20 minute delay) ? |
Featured News
CAZ (ASX) Chart |