Blair Dome Project (Cobalt, Nickel)

The 100% held Blair Dome Project (Golden Ridge) covers an area of 29 km² including the Blair Nickel Mine, 35 km south east of Kalgoorlie, WA, or 40 km by road north of the Kambalda nickel processing facility and is prospective for Cobalt and Nickel.

An Ultramafic Dome is proposed for the Blair Project, with over 12 km of demonstrably prospective basal ultramafic contact outside the immediate Blair Nickel Mine Deposit. Subsidiary domes are also evident, adding another 5 km of ultramafic contact. This strongly enhances the exploration potential of the Project. Nine prospects can now be placed into a consistent geological context. Of these, Marshall, Anomaly 14 and Blair South have nickel sulphide intersections recorded in drilling. Mick’s Hill and Skidman have previously been un-rated for nickel. The Blair Dome is analogous, both geologically and in size, with other ultramafic domes at Kambalda, Tramways and Widgiemooltha, which are all major nickel sulphide mining centres. Existing geochemistry and drilling data is proving to be an excellent foundation for future work programs to expand upon. The Project has strong nickel potential – the Blair Nickel Mine closed in 2008 having produced 1.26Mt of nickel ore at 2.92% Ni.

In 2017, the Company has conducted a highly successful review of the project’s cobalt potential and has identified six targets with multiple, broad zones of high grade cobalt mineralisation.

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Fairwater Project (Nickel, Gold)

The 75%-held Fairwater Nickel Project is located in interpreted Proterozoic-aged rocks 130 km south west of Independence Group N.L.’s (ASX: IGO) Nova and Bollinger nickel deposits, in the Albany-Fraser Orogen in south east Western Australia. Diamond drilling intersected highly magnesian ultramafic rocks (including peridotites with 28%-36% MgO). These are interpreted to be components of a mafic-ultramafic conduit sill-dyke (chonolith) system, which are recognised as favourable host mineral systems for nickel sulphide mineralisation. When normalised to MgO content, the Fairwater peridotites show nickel-enrichment compared to global equivalents. Specific samples also show enrichment in copper and PGEs. Using major-element rock geochemistry, drill assays have resulted in a compelling mineralisation vector that indicates increasing nickel fertility towards the centre of the sill-dyke system. The results from this program support previous aircore drilling by Pioneer, which intersected supergene nickel sulphide minerals (at hole FWAC051: 0.61% Ni at 44 to 45m).

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