Mincor Resources has intersected nickel sulphides during the early stages of a significant drilling program between the Long and Durkin mines in Western Australia.
The company believes the intersection demonstrates proof-of-concept and highlights the discovery opportunity in the 1.1 kilometre zone between the mines near Kambalda.
Mincor yielded the intersection in the second diamond hole, marking a promising start to the company’s 2022 financial year drilling program, with it resembling the typical high-grade tenor associated with the Kambalda Dome mines of Long and Otter Juan.
The estimated width of the intersection is 0.5 metres, Mincor reported in an ASX announcement, adding that it would await final assays in the next two weeks to confirm the average nickel grade.
Mincor managing director David Southam said it was fantastic start to what is a significant underground drilling campaign in the untested space described as the ‘Golden Mile’ of nickel between Long and Durkin North.
“Webdrill commenced drilling this month and achieving a massive sulphide intersection in just our second hole has certainly exceeded our expectations and bodes well as drilling activity ramps up with a second rig due this quarter,” Southam said.
“Commencing from late August, a systematic down-hole EM program will also be undertaken and today’s intersection will be the first hole in that program to be surveyed.”
While it’s still early in Mincor’s drilling program, Southam said it was worth remembering that one of the core reasons for securing the Long nickel assets was to provide access to the gap between the Long and Durkin North orebodies.
“Mincor was the first company to consolidate ownership of the Northern Kambalda Dome since WMC Resources owned these assets decades ago,” he said.
“Mincor’s thesis has been that there is a discovery opportunity in the Golden Mile space given the lack of historical drilling in the region. In essence, today’s announcement confirms that proof-of-concept of the potential opportunity for our shareholders.”
Webdrill completed its mobilisation to the site in early July after Mincor awarded it with the underground drilling contract in the March 2021 quarter.