Perth, Jan 15, 2009 AEST (ABN Newswire) - Emu Nickel NL (ASX:EMU) has completed programmes of VTEM surveys and air core drilling on this 90 sq km project situated about 10km south east of Koolyanobbing railway siding.
VTEM is an airborne electromagnetic technique which can detect a highly conductive body such as massive sulphides down to two hundred metres in depth. The VTEM survey identified four significant anomalies within Emu's tenements in two groups, termed the northern and southern conductors.
The northern VTEM conductor is strongly anomalous, has a strike length of 300m and is interpreted to be hosted within a sequence of mafic and ultramafic rocks. Field inspections to examine and sample the anomaly area are in progress.
The southern VTEM conductor area comprises three distinct anomalies ranging from 150m to 600m in length with two of the anomalies associated with a multi-element geochemical anomaly (As-Mo-Bi-Sb). A gold-in-soil geochemical anomaly occurs adjacent and sub-parallel to two of the VTEM conductors. Shallow air core drilling of this gold anomaly returned a best intercept of 2m @ 0.4g/t gold from surface. The drilling intersected quartz stringers interpreted to be associated with a shear zone on a mafic volcanic-metasediment contact.
Field inspections to examine and sample the VTEM anomalies are in progress. Further drilling is being planned in order to test the potential of the northern conductor for nickel sulphides associated with ultramafic rock and to test the southern conductors for gold mineralisation associated with sulphide-bearing shear zones.
Other Exploration
As previously reported (ASX release 2 October 2008), Emu Nickel has completed VTEM surveys and geochemical sampling on the Bronzite, Beetle Lake, and Dingo Dam prospects west and northwest of Norseman. The VTEM surveys identified one conductor at Bronzite, two conductors at Beetle Lake and two conductors at Dingo Dam. At least three of the conductors are associated with magnetic stratigraphy interpreted to be related to ultramafic rocks prospective for nickel sulphides. In some cases multi-element geochemical anomalies are associated with the VTEM anomalies.
Pending completion of the necessary permitting, a programme of RAB drilling is scheduled to commence in the next week. This 190-hole programme is designed to carry out first-pass shallow drilling of the VTEM anomalies to assess their potential for both nickel and gold mineralisation. In addition, drilling will be carried out on a gold anomaly identified at Dingo Dam.
Contact
George Sakalidis
Managing Director
Phone: (08) 9485 2410
Mob: 0411 640 337
Roger Thomson
Executive Director
Phone: (08) 9485 2410
Mob: 0419 969 183
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