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Si6 Metals (ASX:SI6) completes extended Maibele AMT survey

ASX News, Materials
ASX:SI6      MCAP $7.107M
21 December 2021 11:55 (AEST)
Si6 Metals (ASX:SI6) - Executive Chairman, Patrick Holywell

Source: Patrick Holywell / LinkedIn

Si6 Metals (SI6) has completed the extended AMT survey at the Maibele Nickel-Cobalt-Copper-Platinum Group Element (PGE) Project in Botswana.

In mid-2021, Si6 completed a 27-line audio-frequency magnetotelluric (AMT) survey across the Maibele North orebody.

AMT surveys measure local magnetic and electric fields, which are used to determine in-phase and out of phase ground resistivity values.

The aim of Si6’s AMT survey was to search for deep extensions of the mineralisation below and along strike of the current resource.

Evidence of deeper mineralisation has been confirmed with two previously drilled holes intersecting nickel sulphides at depth.

This initial survey was ‘encouraging’ for the AMT to detect further mineralisation and potentially extend the orebody below the current envelope.

Results from the extended survey have confirmed the existence of several deep target zones consisting of a strong conductor, a large south-dipping zone and a large south-dipping anomaly.

These targets provide potential to increase the nickel-copper-cobalt-PGE mineralisation at Maibele North.

Executive Chairman Patrick Holywell commented on the program.

“The Maibele AMT survey has proven very effective at mapping existing nickel-sulphide mineralisation at Maibele North and has delineated a number of exceptional target areas at depth, which to date, have not been drill tested,” Mr Holywell said.

“There is certainly great potential to make additional nickel discoveries. The 2021 geophysical survey programs have now been completed with outstanding results achieved.”

Now the survey has been completed, Si6 is progressing its drilling plans, which will likely consist of reverse circulation and diamond drilling and begin the next quarter.

Shares in Si6 have been trading steady on the market at 0.9 cents at 11:55 am AEDT.

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