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Mining Projects Group unearths nickel sulphide drill targets at Roe Hills

Published: 19:00 24 Jul 2014 AEST

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Mining Projects Group's (ASX:MPJ) director Neil Hutchison has taken a fresh approach to finding nickel sulphides at Roe Hills located 110 kilometres east of Kalgoorlie and unearthed immediate drill ready targets.

Which should see the shares open firmer given near term target zones that can be drilled.

3D modelling of existing data has realised Hutchison’s beliefs that the project ground is fertile for the development of potential undiscovered nickel sulphide mineralisation.

The modelling has mapped key components of the prospective geological units.

Hutchison's contention is that historic drilling focussed too much on the near surface geochemical anomalies and the new deeper targets are “blind” to the near surface geochemistry.

Strong southerly plunging channels have been defined providing MPJ with highly prospective immediate drill targets at Roe Hills.

New approach

The 3D modelling has defined the plunge direction, fertility for sulphide deposition, and the definition of “blind” target zones which was missed by previous explorers.

Talc Lake prospect shows similar trends and the study clearly displays the three stacked ultramafic flows that were defined by the previous explorers. Talc Lake also displays the same southerly plunge as Roe 1 and has several open untested targets which are now drill ready.

Managing director Joshua Wellisch said: “This is an exciting time for the company as 50 years of shallow drilling has provided the foundations for a potential new nickel discovery at the company’s flagship project, Roe Hills. 

"For the first time we have applied modern techniques to the project to define “blind” drill ready targets, below and down plunge from previously drilled nickel sulphide intersections.

Analysis

The fresh approach by Neil Hutchison, who has form in making nickel sulphide discoveries in Western Australia, looks to have already paid off with a structured plan that has defined ready drill targets below and down plunge from previous nickel sulphide intersections.

This sets the scene for a maiden drill campaign by MPJ at Roe Hills.


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