MTD022 and MTD022W1 intersected a ~506m thick package of high MgO adcumulate dunite ultramafic containing disseminated magmatic sulphides (trace to 2%) that in places coalesced into interstitial blebs (3 to 5% sulphide). The sulphides started from ~120m downhole, with multiple broad +10m zones with pXRF readings >0.4% Ni - best indication to date of potential for relatively shallow Type 2 Mt Keith-style mineralisation . Towards the end of the hole, near the basal contact of the complex, three intersections of high-tenor remobilised massive nickel sulphide were observed (confirmed by spot pXRF readings up to 57% Ni). These remobilised sulphide intersections (10-30cm in width) were significantly larger than those previously seen in holes MTD012 and MTD013. This may indicate closer proximity to a massive sulphide source and hole MTD022W1 was cased for a follow-up DHEM survey of this area.
WMG Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
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