Nickel exploration commences at Goongarrie East

Emerging nickel producer Nickelore Limited has commenced the first stage of...

  Emerging nickel producer Nickelore Limited has commenced the first stage of a drilling program at the Goongarrie East Project in the North East Goldfields.The company acquired 100 percent of 318sqkm of the tenements, all of which have been granted, from Monarch Gold Mining Company in August last year. Drilling commenced this week on the site to follow-up a ground magnetic survey over airborne magnetic anomalies, completed last quarter. A thirty-five line kilometre survey was conducted over ten sites in four of the five Goongarrie East tenements. The survey identified wholly concealed ultramafic rocks, potential hosts for nickel sulphide bodies similar to those nearby at Ringlock Dam. During this exploration program, Nickelore said it will drill a minimum of 1,200m of drilling consisting of 29 RAB holes. Nickelore Managing Director, Iggy Tan said the southern half of the Goongarrie East Project contains the interpreted northern extension of the same ultramafic belt that hosts the Black Swan and Silver Swan nickel sulphide deposits. “The tenements are only 40km northwest and along strike from Black Swan and Silver Swan and only 11km along strike from the Scotia East nickel sulphide deposit,” Mr Tan said.