浙江之源资产评估有限责任公司
Progress at the Fimiston Nickel Mine in Australia's Northern Territory, among other projects
Release time:
2023-02-01
Source:
China Mining Network
Core Lithium’s exploration efforts at the Finniss project in the Northern Territory have yielded encouraging results.
Drilling in the exploration area near the mine has yielded excellent mineralization results. The drilling encountered 61 meters of mineralization at a depth of 48 meters, with a lithium grade of 0.87%. Notably, 8 meters of mineralization with a grade of 2.01% was found at Bilatos, making it suitable for open-pit mining.
In the Far West exploration area, drilling encountered a mineralized zone 12 meters thick at a depth of 124 meters, with a grade of 1.66%. In the Hang Gong exploration area, a mineralized zone 11 meters thick was encountered at a depth of 179 meters, with a grade of 1.36%.
The company currently has four drilling rigs on site conducting verification in a single exploration area.
***
Lunnon Metals announced the drilling results from the Warren target area of the Foster nickel deposit within its Kambalda nickel project in Western Australia.
Drilling encountered mineralization at a depth of 483 meters, with a thickness of 7.8 meters, containing 4.46% nickel, 0.44% copper, 0.09% cobalt, 1.71 grams per tonne of palladium, and 0.58 grams per tonne of platinum.
The drilling target this time is the electromagnetic anomaly located 300 meters below the previous drill site.
The evidence it provides indicates that there is significant mineralization directly above the basalt contact on the downthrown side, which is covered by sediment on the side or below the side of what was previously considered a fault zone—areas that were not previously thought to hold mining potential.
(Global Geological and Mineral Information System)
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