Exploration

The proposed exploration program is an extension to the exploration program developed by Mining Associates for Cherish. The additional targets to be drilled are yet to be determined but will come from the Surface and Underground EM programs currently being completed.

Mineralisation

Kambalda-style nickel sulphide mineralisation in the Tramways area typically occurs at the base of channel flow facies as broadly tabular to ribbon-like bodies several hundred metres long, 25 m to 200 m wide and less than 5 m thick. The nickel sulphide ore shoots are largely developed within incised embayments into the underlying Lunnon Basalt with massive sulphide ores developed on or very slightly above the contact (Barnes and Lesher, 2017).

Sulphides can occur as massive (>80% sulphide), matrix (40-80% sulphide) or disseminated (<40% sulphide) styles with pyrrhotite-pentlandite dominant and variable amounts of pyrite and chalcopyrite. Major minerals in the massive and disseminated ores are pyrrhotite, pentlandite, pyrite, chalcopyrite, magnetite, and chromite, with rare millerite and heazlewoodite generally confined to disseminated ores (Hoatson et al, 2006).

Exploration drilling on the north-western overturned fold limb has intersected minor massive sulphide mineralisation but not in sufficient amounts to define a deposit.

Current Mineral Resources

The Lanfranchi Mineral Resource was reviewed in 2021 and updated to be compliant with JORC 2012. Mineral Resources currently stand at: 4.26Mt @ 1.8% Ni, for a total of 78,300 tonnes of contained nickel

Lanfranchi Geological Model

Lanfranchi Nickel Mineralisation