- Anson Resources (ASX:ASN) identifies 13 new nickel-copper-platinum group element targets in WA’s north
- The company’s flagship project is a lithium play in Utah, but now Anson is turning its eyes to a reportedly Julimar-style Ni-Cu-PGE tenement called Hooley Well
- Drilling will kick off at Hooley in the near future, though no hard date is confirmed
- Previous drilling on-site identified nickel laterite, a more impurity-laden form of nickel mineralisation, typically the feedstock of pig iron
- Shares last traded at 15 cents
Anson Resources (ASX:ASN) has identified 13 nickel-copper-platinum group anomalies through geomagnetic scanning of its Hooley Well project in Western Australia.
Of that cohort of 13 targets, four priority targets have been selected, each around a major magnetic signature.
The next drilling campaign on-site will focus on nickel-copper-platinum targets, though some shareholders have noted this morning that the company was previously voicing its operational focus on its US-based lithium project.
Regardless, existing survey data was used to produce an early-stage interpretation of bedrock characteristics, with geotechs confident they’ve identified significant and complex faulting; limitations in historical data impeded this process somewhat, the company noted today.
Geological particulars of the acreage have been likened to Chalice Mining’s (CHN) Julimar prospect just north of Perth, which was formerly one of the most attention-grabbing critical mineral projects. A recent scoping study from Chalice tanked market interest somewhat.
Previous drilling at the project has identified nickel laterite mineralisation. Laterites are differentiated from sulphides in that nickel laterite tends to go towards the production of pig iron, while nickel sulphides are targeted for premium nickel products.
Anson also reported that the region where Hooley Well is located has been subject to a recent rush from multiple companies, including Chalice, holding the Julimar play much closer to Perth in the state’s south.
The company will inform the market in the coming weeks and months when it will move to commence drilling at Hooley Well.
Shares last traded at 15 cents.