Western Australian-focused gold explorer Torque Metals Limited (ASX:TOR) has commissioned Resource Potentials (ResPot) and GAP Geophysics to conduct a moving loop electromagnetic (MLEM) survey at its wholly-owned Paris Project, located to the South East of Kalgoorlie.
Torque, in conjunction with ResPot, have designed an initial MLEM survey over two areas of focus within the Paris Gold Project tenements – the Domingo and Melchior anomalies – to test potential for conductive nickel sulphides.
A total of 8x NE-SW lines of 2km length are planned over the Domingo target area and 1x EW line of 2km length over the Melchior target area, for a total of 18 line-km. The MLEM survey itself will be undertaken by GAP Geophysics and is scheduled to begin in late June and estimated to take 2-3 weeks to complete.
Under the contract, ResPot will organise and monitor the survey and conduct daily QA/QC, processing, gridding, and imaging of final data products. Conductor plate modelling will be carried out for all bedrock conductor MLEM anomalies. The Domingo target is a large positive magnetic anomaly situated adjacent to a large east-west striking dyke.
It has only been subjected to limited shallow drilling with 10 historical holes containing shallow, anomalous levels of nickel, spanning 1,000m of strike length. Encouragingly, several of these abnormal nickel values contain over 0.5% nickel.
Historical drill intersection best results include 8m @ 0.85% Ni from 12m in hole DHD247; 8m @ 0.75% Ni from 8m in hole DHD246; and 6m @ 0.74% Ni from 4m in hole DHD 3.
Management said these encouraging results demonstrate further potential for the discovery of nickel resources within the Paris Project area.
Domingo lies approximately 10km NNW from the Melchior EM anomalies. The Melchior anomalies – which occur approximately 2km west of the HHH/Caruso gold prospects – have already been identified as having potential to host Cassini-style nickel mineralisation after interpretation of an airborne EM survey (AEM) delineated two strong electromagnetic anomalies.
We are very excited to be entering this next phase of exploration at Paris to test potential for conductive nickel sulphides,” CEO, Cristian Moreno, said.
“The MLEM geophysical surveying technique has played a key role in the discovery of large-scale nickel sulphide deposits across WA and the results from this survey will greatly assist Torque to prioritise prospective areas for follow-up exploration and subsequent drilling. I look forward to updating investors on the results of this survey once they come to hand.”