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Si6 eyes nickel-cobalt at Monument

Si6 Monument

Si6 Metals has commenced an aircore (AC) drill program at its Monument gold project in Western Australia, where it will drill 120 holes for 6000m across four high-priority targets.

The program’s objective is to assess strike extensions at the North Well prospect over a distance of 1700m and explore earlier workings on the trend that produced results of up to 22.3 grams per tonne (g/t) gold.

This follows on from Si6’s successful North Well drill program in May 2022, where broad zones of anomalous gold mineralisation were discovered over a strike length of 1200m, with mineralisation open in all directions.

The Fred’s Well prospect will also be drilled, where grab and rock chip sampling along a 700m strike length produced varying gold concentration samples from >1g/t gold to 39.3g/t gold.

Drilling is also being conducted at the Korong Felsic intrusion, where previous drilling in 2017 found anomalous gold mineralisation along the contact between the felsic intrusive and mafic volcanics.

With Monument located close to Glencore’s Murrin Murrin nickel-cobalt operation, Si6 recognise there is also significant nickel-cobalt potential to the project. Si6 will complete AC drilling over 1600m of ultramafics presumed to extend from Murrin Murrin into Monument.

AC drilling is set to be completed by early November, with samples sent for analysis following that. Si6 expects a shorter turnaround time on results than in recent times, following advice from the laboratory.

Si6 announced promising gold findings from Monument in early October, where drilling was undertaken adjacent to and along strike of Dacian Gold’s Mt Morgans project.

The final assay results from phase two of the AC drill program produced encouraging findings at the North Well, Celia and Aermotor prospects.

“The drilling intersected a wide range of prospective lithologies including granite, porphyry, gabbro, dolerite, ultramafic, sediment and felsic volcanic,” Si6 said in a statement.

“Some of the hole depths exceeded 100m, which is indicative of significant regional structures fundamental to the development of mineralised gold systems.”

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