Estrella Resources Limited (ASX: ESR) is preparing for a Target EM survey covering 253 sq. km at the company’s promising Carr Boyd Nickel Project located 80km northeast of Kalgoorlie.
This is an exciting period for Estrella with the company on the verge of kicking off our world-first geophysical surveying across the entire 253 sq. km tenement package at Carr Boyd before the end of the month,” Managing Director, Chris Daws, said.
“The TargetEM system is being assembled in Perth with mobilisation of the system to site to begin in around a weeks’ time and I look forward to reporting our progress.”
Expert Geophysics conducted a due diligence and planning site visit last week to finalise operating locations and logistics. The TargetEM system is being assembled in Perth and will be ready for mobilisation in coming days. The survey will target all of Estrella’s tenure at Carr Boyd.
The R&D personnel at Expert Geophysics were the developers behind the highly successful and award winning VTEM, ZTEM and Air-MT systems. The TargetEM system contains many structural, electrical, and software improvements over previous helicopter-borne EM systems that have greatly improved the sensitivity and depth of investigation. In addition, the system has the ability to collect time-variable AFMAG data and Estrella will host the first fully commercial deployment of the system at Carr Boyd in July 2023.
The Carr Boyd intrusion has not received any modern airborne geophysics. Given the size of the Carr Boyd intrusive complex in combination with the length of internal contacts that the company wishes to explore, this survey will go a long way to assisting Estrella’s geological team to target these horizons in an efficient manner.