Estrella Resources Limited (ASX: ESR) has obtained further positive results from the DHEM surveying at the T5 nickel-copper deposit at the company’s 100% owned Carr Boyd Nickel Project, located approximately 80km from Kalgoorlie, WA.
DHTEM surveying of drillholes CBDD060 and CBDD062 has assisted in defining a potential new zone of mineralisation below the T5 discovery, intersected in holes CBDD057 and CBDD042A.
The DHEM result confirms the continuation of mineralisation potential to the north which escaped detection when holes CBDD044 and CBDD047 were electromagnetically surveyed.
The currently modelled DHEM plates extend over a strike length of 165m, and it is a further 50m to the massive sulphide breccia intersection in CBDD042A to the south.
Work is underway to schedule several more step-out holes to the north and south of T5 to locate the continuation of mineralisation both up and down plunge.
The next northern step-out drilling will explore a potential fault off-set that has dislocated the massive sulphides resulting in a DHEM response skewed towards the main T5 mineralisation, leaving additional areas blind to electromagnetics.
Managing Director Chris Daws said drilling will also test the new plates generated by CBDD060 and CBDD062. The southern drilling will target the continuation of the T5 massive sulphide mineralisation towards the Proterozoic Dyke as well as infill the last drilled section of T5 mineralisation above and below CBDD042A.
T5 continues to provide an exciting opportunity for Estrella to extend the footprint of the high grade nickel sulphides we have intersected in recent drilling at depth,” Mr Daws said.
“The refinement in how we utilise DHEM surveys to guide us is evolving and we are gaining an understanding of the capabilities and limitations in identifying the mineralisation.
“The latest round of surveys at depth unequivocally informs us that the limit of the T5 mineralisation is yet to be found. I look forward to updating our shareholders as we progress with our findings and as we continue to explore this world-class opportunity.”
