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- Albion Resources (ALB) kicks off a reverse circulation drilling program at its Leinster Project in the East Murchison mineral field of Western Australia
- Ten holes are planned so far, targeting anomalous magnetic features thought to be associated with high-magnesium nickeliferous ultramafic rocks
- The holes will also target beneath several drill intersected nickel and copper hits generated by previous explorers
- While historical shallow drilling has intercepted nickel mineralisation, Albion said there has been limited drilling at depths below 100 metres
- Shares have been trading 4.3 per cent higher at 24.5 cents
Albion Resources (ALB) has kicked off a reverse circulation drilling program at its Leinster Project in the East Murchison mineral field of Western Australia.
The project is situated along strike from Auroch Minerals’ (AOU) Horn nickel-copper prospect, and is adjacent to BHP’s (BHP) Nickel West Weebo nickel deposit.
From geophysical imagery, Albion said the same ultramafic host rocks of the Horn prospect extend into Albion’s tenement.
As a result, drilling will target anomalous magnetic features, interpreted as being associated with high-magnesium nickeliferous ultramafic rocks.
Additionally, the drill holes will test beneath several drill intersected nickel and copper hits
generated by previous explorers, testing the nickeliferous horizon over a strike length of 2.5 kilometres.
An initial ten holes are planned for 1500 metres, which will be undertaken by drilling contractor K&J Drilling.
While data shows that shallow historical drilling has intercepted nickel mineralisation, the company said the project hasn’t been adequately tested at depth by either reverse circulation or diamond drilling.
Shares were trading 4.3 per cent higher at 24.5 cents at 10:06 am AEDT.
