Solstice Minerals Limited (ASX:SLS) has interested massive sulphides in nickel drilling currently underway at the GSP Nickel Prospect (GSP) within the wholly owned Ringlock Dam Licence (E29/1087) in Western Australia.
The GSP Prospect is located approximately 30km northwest of the Silver and Black Swan nickel deposits and is hosted by the interpreted strike extension of the Black Swan Komatiite Complex.
Massive nickel sulphides (pyrrhotite–pentlandite) have been logged over the interval 101.8– 103.85m in hole GSPDD0005.
The massive sulphides are located in the footwall sequence to the ultramafic rocks, and probably represent remobilisation of sulphide from mineralisation originally hosted in the cumulate ultramafic rocks overlying the footwall sequence.
Drillhole GSPDD0005 is the fifth hole in a planned 2,030m diamond drilling program medesigned to confirm the historical drill assay data from the 1960s and 1970s, better define the basal/footwall contact, and to provide platforms for downhole electromagnetic (DHEM) geophysical surveys.
Thin massive sulphide veins, also hosted in the footwall stratigraphy, have been logged in the first four holes, confirming the presence of sulphide mineralisation in the footwall across the system.
The observation of remobilised massive sulphide at GSP is a significant step in confirming the nickel mineralisation indicated by the historical drill intercepts. We look forward to the assay results and follow-up DHEM surveys early next year,” Executive Director, Alastair Morrison, said.
