- 12 targets for nickel-copper and copper-gold identified in soil geochemistry survey.
- 3 targets open along strike. Large areas not yet sampled.
- Follow up work programmes being planned.
Twelve (12) new priority target areas for nickel-copper and copper-gold deposits have been identified by Impact Minerals Limited
(ASX:IPT) in previous soil geochemistry data covering a part of the very poorly explored Mulga Tank Project in the Minigwal greenstone belt, 200 km north east of Kalgoorlie in W.A. (Figure 1 and 2).
The targets, each of which covers several square kilometres, were identified in a review of a broad spaced ionic leach soil geochemistry survey covering the central part of the 425 sq km project area (Figure 2).
Six of the targets occur on the west side of the project area, along strike and adjacent to the Mulga Tank Dunite where Impact recently discovered significant nickel and copper mineralisation under about 50 m of transported cover in its maiden drill programme on E39/988 (Impact 20% and earning 70% from Golden Cross Resources Limited)(Figure 2).
Drill intercepts included:
- 114.8 m at 0.3% nickel from 98 m including 2 m at 1.3% nickel; and 0.5 m at
1.2% nickel from 211 m; and 0.6 m at 0.7% nickel from 181 m in Hole MTD011; and
- 0.75 m at 0.85% nickel, 0.35% copper and 0.24 g/t PGE and 6.7 m at 0.5% nickel in
Hole MTD004 (Figure 3 and see announcement 29 January 2014).
