- BPM Minerals (BPM) has identified 17 nickel-copper and base metal targets at its Santy Project in Western Australia
- The miner engaged an independent consultant to complete geological studies which led to defining these prospective drill targets
- BPM plans to undertake a 10,000-metre aircore program to drill the newly-discovered targets
- However, it will first carry out exploration activities and a heritage survey which are expected to be completed in May
- BPM’s shares are trading in the grey at 22 cents
BPM Minerals (BPM) has identified 17 prospective nickel-copper and base metal targets at its Santy Project in Western Australia.
The Santy Project includes two granted exploration licence applications (ELAs) that cover 251 square kilometres with a further 412 square kilometres contained within two ELAs.
These targets were identified through an independent geological study which used airborne magnetics and satellite imagery. These study concluded the magnetics at the project are dominated by northeast to north-northeast magnetic trends.
BPM plans to undertake a 10,000-metre aircore drilling program to drill test the new targets.
“To generate priority drill targets from the initial interpretation is a great start to our exploration activities,” CEO Chris Swallow said.
“The variety of potential targets across several commodities and geological settings make Santy an exciting exploration project with the potential to host a significant gold and/or base metals deposit,” he added.
The company has begun planning exploration activities and a heritage survey, which are expected to be completed in May. The drilling program will begin after that.
BPM’s shares are trading in the grey at 22 cents at 2:23 pm AEST.