Electromagnetic geophysics is an excellent discovery tool for massive sulfide metal deposits, including copper and nickel, and is routinely used in Western Australia with success. Alongside the VTEM survey, the company has located and resampled 450 legacy drill holes that will extend the geochemical model over the project area, with results and analysis from this sampling program pending.
Australian Potash Managing Director and CEO, Matt Shackleton, said: “The strength of the VTEM targets generated from the first time use of this technology at Laverton Downs is highly encouraging.
“We are following a similar pathway to creating value as we did at the Lake Wells Gold Project where initial low-cost exploration by APC defined targets which attracted a major partner to fund on-going work. Beginning with high-precision geochemical analysis and interpretation by external consultancy CSA Global, we then opportunistically flew a limited VTEM programme. The strength of the EM response at these compelling conductor targets suggests we go directly to a drill programme targeting massive nickel sulfide mineralisation.
“With both gold and nickel sulfide targets, APC’s exploration team are planning a first pass drill programme to create further value in this strategically located asset.”
