The ASX release today by Thundelarra puts a different complex on the whole East Kimberly Nickel providence and enhances THX and LionOre chances to discover other nickel finds within the 30 odd advanced targets still to be drilled and prove up a stand alone mine.
Here is the release.
Thundelarra Exploration Ltd (THX) has been advised by LionOre Australia
Pty Ltd that recent drilling within the East Kimberley Keller Creek prospect has returned significant nickel-copper sulphide mineralisation.
Preliminary assay results from hole LEKD22 at Keller Creek have been advised with a significant intercept of 6.77 metres at 1.98% Ni, 0.53% Cu & 0.16% Co from 36.8 metres.
This intersection is about 15 metres down dip of LionOre's previous intersection of 5 metres at 0.69% Ni & 0.45% Cu from 23 metres in LEKC18, and 27 metres below surface, where it crops out as a 70 metres long gossan.
This intersection is significant given that it is LionOre's
first diamond hole testing the Keller Creek prospect and that it is at the upper range of grades seen in mafic-hosted nickel sulphide systems.
Further diamond drilling is under way to test the mineralised zone, as well as other targets along the prospective contact.
Results validate the exploration model and confirm the broader prospectivity of the East Kimberley joint venture. END..
Explorers in this area have been hopefull that a big Voisey Bay type deposit is lurging below these shoots and with THX and Lion Ore throwing lots of dollars into drilling these targets we as shareholders live in hope.
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