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- Todd River Resources (TRT) identifies additional geochemical anomalies at its Berkshire Valley nickel-copper-platinum group element project in WA
- The final batch of samples finds further anomalous zones associated with magnetic features in the southwest of the project area, with three zones of coincident nickel-copper-platinum group element (PGE) anomalism identified
- The company says these encouraging results help add to the new targets generated for the coming field season, with further drilling and surveys set to begin at the end of October
- Todd River Resources is up 7.02 per cent, trading at 6.1 cents at 10:40 am AEST
Todd River Resources (TRT) has identified additional geochemical anomalies at its Berkshire Valley nickel-copper-platinum group element project in WA.
The company says further anomalous zones associated with magnetic features were found in the southwest of the project area, with three zones of coincident nickel-copper-platinum group element (PGE) anomalism identified.
The zones are said to cover around three kilometres of strike and are associated with a strong magnetic feature interpreted to be derived from mafic and ultramafic intrusions.
Best results from its final batch of samples include strongly anomalous values of up to 41 parts per billion (ppb) palladium, 36ppb platinum, 375ppm copper and 383ppm nickel, with coherent coincident anomalies over one kilometre in length.
The company said these encouraging results help add to the new targets generated for the coming field season.
Todd River says these assays are the last of the auger geochemical sampling undertaken to date. The planned next steps will involve a comprehensive ground based moving loop electromagnetic survey over the Eastern Trend, plus a combination of aircore and reverse circulation drilling of geochemical anomalies and geophysical conductors.
The work is anticipated to kick off towards the end of October, once the first stages of the 2021 grain harvest are complete.
Todd River Resources was up 7.02 per cent, trading at 6.1 cents at 10:40 am AEST.
