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Desert Metals (ASX:DM1) starts drilling at Narryer prospects

Mining
ASX:DM1      MCAP $6.105M
12 April 2021 18:20 (AEST)

Desert Metals (DM1) has started drilling at its Innouendy and Irrida prospects within the Narryer Project, located northwest of Meekathara in WA.

The drilling program was initially delayed after a once in a decade rain event in February which meant the drill rig was moved to another job.

Now, drilling at the nickel sulphide prospects has commenced and will include approximately 13 holes of reverse circulation and diamond drilling for around 3750 metres.

Both prospects contain multiple conductors that lie within mafic and ultramafic intrusive bodies and are coincident with large oval-shaped magnetic anomalies.

Accordingly, Desert says these conductors represent “excellent” targets for potential nickel sulphide mineralisation.

The company listed on the ASX in December and elaborated on its exploration strategy, which included the announcement that all necessary approvals for drilling at Irrida Hill had been finalised.

Desert also stated that the costs of the drilling are covered in part by a $150,000 exploration incentive scheme grant from the WA State Government.

Shares are up 17.2 per cent at 58 cents apiece at 4:10 pm AEST.

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