NickelX (ASX:NKL) reports a maiden 1,500m diamond drilling program comprising 4 diamond drillholes will start imminently at the Cosmos South Nickel Project, located in the Wiluna Greenstone Belt in Western Australia.
The company is seeking buried channelised komatiite volcanic rocks prospective for nickel sulphide mineralisation.
Cosmos South M36/580 is situated within a ‘highly endowed’ nickel-rich region of the Wiluna Greenstone Belt, which hosts ‘world-class’ nickel deposits of the Leinster Nickel Operations, Mt Keith, Yakabindie, Honeymoon Well and Cosmos.
Cosmos South M36/580 is situated within a ‘highly endowed’ nickel-rich region of the Wiluna Greenstone Belt
Addressing the works program, NickelX Managing Director Matt Gauchi said: “The much anticipated diamond drilling program at Cosmos South, where the company has defined significant and strong electromagnetic (EM) and magnetic anomalies on strike from the world class nickel producing belt, including Cosmos and Leinster, is set to commence.
“We are initially targeting the CS1 target; the geophysical signature is consistent with buried channelised komatiite volcanic rocks prospective for nickel sulphide mineralisation.
The planned drill program is supported by the Western Australian Government EIS Grant, and the company is thankful to the WA Government and traditional owners for the efficient and cordial approvals process.”
NickelX is an Australian ASX-listed nickel exploration company, primarily exploring for nickel and nickel-copper-PGE mineralisation in Western Australia.
The company’s primary focus is on the Cosmos South Nickel Project, located within the ‘world class’ nickel producing Wiluna Greenstone belt, and where systematic exploration has detailed ‘high-priority’ targets considered prospective for ‘Cosmos-style’ nickel mineralisation.
NickelX’s secondary focus is on the Dalwallinu Nickel-Copper-PGE Project, located in the West Yilgarn where systematic exploration has detailed priority targets considered prospective for ‘Julimar-style’ nickel-copper-PGE mineralisation.
The company is also developing an inhouse nickel prospectivity database, generating projects in the South East and South West Yilgarn provinces in Western Australia.
Images: NickelX Limited