Adavale Resources (ASX: ADD) has identified Ni, and Cu bearing sulphide veins in its first hole of its maiden drilling programme at the Kabanga West Project in Tanzania.
The success of our first hole is evident, sulphides greater than 10% intersected in numerous veins between 260 to 455 metres which returned some exciting pXRF’s of Nickel at 0.86%, Copper as high as 4.84% and even a Cobalt reading at 0.44%,” CEO, Allan Ritchie, said.
“The thickness of the intersected sulphide rich intervals, the rock units and pXRF mineralisation readings are exciting indicators that we are on track and may be close to a source of massive sulphides. Now we are excited about drilling our next hole at Target 11, and we are spoilt for choice of drill targets, but will most definitely be returning to Target 1 for further drilling in the future.”
Drilling intercepted a number of veins containing Ni and Cu. These may well have originated from a magmatic source that would be expected to be proximal to the drillhole. Downhole EM will be conducted to identify any possible off-hole conductors which would be followed-up with further drilling.
There is a package of 190m of numerous thin veins that are each in the order of a few mm thick and consist either of massive sulphide or a combination of calcite, quartz and sulphides. Some of these veins consist simply of pyrite whilst others contain pyrrhotite and/or chalcopyrite hosting Ni and Cu.
Drilling has validated the zone of conductivity identified through the NSAMT and the TDEM which is ascribed to the numerous sulphide veins intercepted between 260 and 455m.
Meanwhile, soil geochemistry work has identified an additional three new targets at Kabanga West., while soil sampling and pXRF readings have been completed at Kabanga East.
Ground magnetics, NSAMT and soil geochemistry are now complete with final TDEM surveys near completion on all four southern licences.
Preparations are underway for the geochemical team to deploy to the three Northern licences.