- Narryer Metals (NYM) identifies 19 anomalies through survey work within its Narryer project in WA
- The company recently completed a heliborne survey at the Mt Nairn area which is prospective for nickel, copper and platinum group elements (PGEs)
- Of the 19 anomalies identified, 10 are considered “high priority” as they have similarities to massive sulphides below surface, which may contain nickel-copper-PGE sulphides
- The company will immediately begin field reconnaissance work to examine the EM anomalies ahead of drilling or further investigation
- NYM shares end the day 3.7 per cent in the green and close at 14 cents
Narryer Metals (NYM) has identified conductivity anomalies through survey work at the Mt Nairn area within its Narryer project in Western Australia.
The company recently completed an Xcite heliborne electromagnetic (EM) survey covering 308 square kilometres along the western half of Mt Nairn which is reportedly prospective for nickel, copper and platinum group elements (PGEs).
Specifically, the survey identified 19 EM anomalies within the Milly Milly, Irrida and Cn2 areas of the Mt Nairn area. The company considers 10 of the 19 anomalies to be “high priority”.
One high priority target NYM pointed out is in the Irrida area and sits 300 metres along strike from historical drilling which intersected ultramafic rocks containing disseminated sulphides as well as anomalous nickel, copper and gold.
While the data still requires final processing and modelling, initial results show the key conductors have similarities to massive sulphides below surface, which may contain nickel-copper-PGE sulphides.
Furthermore, several of the anomalies are associated with magnetic features and/or mafic-ultramafic outcrop, potentially relating to nickel-copper-PGE sulphides.
Narryer Metals plans to shortly commence field reconnaissance work to examine the EM anomalies ahead of drilling or further investigations with surface geochemistry.
NYM shares ended the day 3.7 per cent in the green and closed at 14 cents.