Estrella Resources Limited (ASX: ESR) has obtained a solid set of assays for the T5 Southern Step-out drilling at the 100%-owned Carr Boyd Nickel Project located 80km northeast of Kalgoorlie.
Managing Director Chris Daws said the company has been working on understanding the effects of the Proterozoic Dyke on the T5 mineralisation. Just north of the dyke, the deposit is intruded by several small zones of dyke material, where the T5 mineralisation intersected so far looks to be split into three 100m high lodes.
These lodes coincide with downhole electromagnetic (DHEM) responses received to date, however additional mineralisation outside the DHEM models has also been intersected. As the mineralisation plunges down and to the south, there is a clear opportunity at depth where the deposit remains open.
Estrella recently completed CBDD078 and CBDD078A which targeted a down plunge position to the south of the Proterozoic Dyke. The hole successfully located the continuation of the T5 mineralisation as reported to the ASX on 21 July 2022.
The company is still waiting on a DHEM crew and winch able to survey the 1100m drillhole. Once DHEM results have been obtained for CBDD078A the company will plan more drilling at T5, both north and south of the Proterozoic Dyke. In the interim the company will focus drilling efforts on its Gossan Hill Prospect and the new sulphide discovery at Broonhill.
This solid round of assay results for the T5 Southern step-out drilling is further improving our understanding the effects of the Proterozoic Dyke on T5 mineralisation to the south,” Mr Daws said.
“We will get back on the ground with the drill bit at T5, both north and south of the Proterozoic Dyke, once we have DHEM results for CBDD078A which targeted a down plunge position to the south of the Proterozoic Dyke. In the meantime, our focus will turn to drilling at Gossan Hill Prospect and the new sulphide discovery at Broonhill.”
