After nailing its maiden gold drilling marketing campaign on the Gnows Nest venture close to Yalgoo, Emu NL is opening up a second and third exploration entrance in WA with auger drilling now set to kick off within the South-West and the Japanese Goldfields. An in depth auger marketing campaign will drill take a look at the corporate’s Viper, Graceland and 8-Mile Dam tasks within the coming weeks.
The corporate has jumped on a collection of ‘Julimar-style’ intrusive nickel-copper targets within the South West because it seeks to copy the spectacular success of Chalice Mining just lately in the identical mineral terrane.
Earlier exploration at Emu’s South West tasks returned some intriguing assays, together with high-grade outcomes grading as much as 14 per cent copper on the Viper venture.
Emu’s first-pass exploration program all through the emergent nickel-copper terranes will initially goal the Viper and Graceland tasks with geochemical drilling, with exploration additionally being deliberate over the corporate’s 8-Mile Dam prospect within the Japanese Goldfields.
The budding explorer will make use of applications of systematic auger drilling throughout the venture areas, aimed toward penetrating the veneer of sand and soil cowl that blankets these targets, masking their geochemical signature. The auger sampling is designed to unearth any hidden geochemical anomalies that could be lurking close by and act as a vector to information future geophysical surveying and deeper drilling.
Following the success of our maiden drilling programme at Gnows Nest, EMU is launching its on floor focus over its base metals portfolio. The just lately acquired Graceland and Viper Initiatives, together with our 8 Mile Dam Venture, shall be examined by a complete geochemistry programme focusing on Cu, Ni and PGE mineralisation.
These tasks are all located beneath cowl inside untested greenstone belts. EMU anticipates that profitable outcomes, if any, will instantly transition to follow-up geophysical and RC drilling programmes.
The corporate’s portfolio of nickel-copper tasks is basically located throughout the South West Mineral Subject, a terrane that has been thrust into the highlight in latest months following Chalice Mining’s high-profile nickel-PGE discovery at Julimar, simply 70km east of Perth. The Julimar discovery produced some beautiful outcomes straight off the bat together with 19m at 2.6 per cent nickel, 1 per cent copper and 9.5 grams per tonne PGE, highlighting the potential of the ignored South West area for this fashion of mineralisation.
Emu pounced on the chance, choosing up a collection of hand-picked tasks throughout the area, together with the Viper and Graceland nickel-copper tasks and an choice over a 3rd venture at Sunfire, which is subsequent door to the Chalice-Enterprise Minerals Thor three way partnership south of Bridgetown.
Sunfire already boasts a walk-up drill goal at Yornup Mill, the place earlier drilling returned an attention-grabbing 19m at 1.07 per cent nickel.
Emu will seemingly goal the Viper venture first up which is positioned within the south of WA, adjoining to the city of Jerramungup. The venture covers the 10km lengthy Netty base metals development which hosts the historic Netty copper mine that produced a small tonnage of high-grade copper throughout the early to mid-Twentieth century.
The venture has but to be examined utilising fashionable exploration, representing an attention-grabbing early alternative for Emu. Historic sampling of the Netty underground workings returned stellar grades of as much as 14.1 per cent copper and 0.51 per cent nickel, which have but to be adopted up in any element.
As well as, wide-spaced soil sampling throughout the Netty Pattern has beforehand produced tantalising multi-element anomalies.
Emu is about to check greater than 5km of the fertile construction with auger drilling which is able to probe the bottom under the in depth soil cowl with a view to probably defining a clutch of recent nickel-copper targets for a extra substantial drilling marketing campaign.
Subsequent in line is the Graceland venture, which lies north of Viper and is positioned south of the Wheatbelt city of Hyden. It sits between the famed Flying Fox nickel mine, 95km to the east and the Quicksilver nickel discovery, 7km to the west.
Graceland is a conceptual goal, outlined by a buried magnetic geophysical anomaly which reveals all of the hallmarks of a mafic-ultramafic intrusion. The goal extends over 5km of strike and has but to drill examined.
Curiously, the first-pass geophysics at Graceland signifies the presence of ten “magnetic plates” throughout the anomaly which will equate to deeper conductive sulphide our bodies.
Emu has designed a complete auger drilling program over the Graceland intrusion, which is able to take a look at the goal on 400m by 100m spacings, with outcomes anticipated to information future drilling applications.
Final, however definitely not least, is Emu’s 8-Mile Dam venture within the steaming sizzling Japanese Goldfields of WA. The venture is located south-west of the Menzies gold mining centre north of Kalgoorlie, the place the likes of Kingwest and Zuleika Gold are stamping their mark on the historic mineral subject.
The 8-Mile Dam venture was pegged following an in depth evaluation of the area with earlier diamond-focused exploration confirming the presence intrusive mafic stratigraphy under a blanket of sands and sediments. The upcoming auger program will consist of 4 strains of wide-spaced drilling throughout key geophysical targets designed to help in an interpretation of the underlying stratigraphy.
With each nickel and copper reaching for decade highs, buying and selling at US$19,000 and US$9,000 per tonne respectively, an inexpensive sniff at any of Emu’s emergent nickel and copper tasks is more likely to cement its place as one of many ASX’s up and coming explorers.
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