Proactive Investors - Run By Investors For Investors

Arrow Minerals and Independence Group begin drilling at Plumridge Nickel Project

The nickel-copper-zinc targets have been identified using a combination of electromagnetic surveys as well as first pass aircore drilling.
nickel
Drilling will be completed at the Mafic, Perle, Mosaic and Narwhal targets

Arrow Minerals Ltd’s (ASX:AMD) joint venture partner in the Plumridge Nickel Project, Independence Group NL (ASX:IGO), has commenced a drilling program to test four conductor plate targets.

The Plumridge Nickel Project consists of eight exploration licences covering 2,500 square kilometres in the northern Fraser Range Province, about 200 kilometres north of IGO’s Nova nickel-copper-cobalt operation and 120 kilometres south of the Tropicana gold operation.

Plumridge Nickel Project location map

IGO is the project manager and is currently sole funding all exploration activities. It has now commenced drilling at the Mafic target in the southern end of the project.

The Mafic target has recently been identified by IGO, with a moving loop electromagnetic (MLEM) survey following up a 2018 Spectrem airborne electromagnetic (AEM) anomaly.

Drilling will then be completed at the Perle, Mosaic and Narwhal targets.

READ: Arrow Minerals confirms nickel-copper potential of the Plumridge Nickel Project

These targets have been identified using a combination of AEM and MLEM surveys as well as first pass aircore (AC) drilling.

The targets are considered prospective for Nova-style magmatic sulphide mineralisation (nickel-copper) and Andromedastyle volcanogenic massive sulphide mineralisation (copper-zinc).

IGO plans to drill at least one reverse circulation (RC) hole into each of the targets, with down hole EM surveys completed to assist with the detection of off-hole conductors that may represent additional drill targets.

Drill targets

The 2018 regional AC drilling program identified several new target areas that require infill AC drilling to define favourable lithologies and/or geochemistry.

IGO’s regional AC drill program has also recommenced for the 2019 field season and is anticipated to be completed by the end of June 2019.

View full AMD profile View Profile

Arrow Minerals Ltd Timeline

Newswire
February 01 2019

Related Articles

Gold
March 20 2019
The company aims to unlock the potential of Japan’s gold resources
electric car charging
April 09 2019
The Vancouver-based junior company has a unique business model that has the potential to disrupt a $6 billion market dominated by Chinese production
Lithium cube
December 08 2018
The resource exploration and development company looks to supply the rapidly growing lithium-ion battery industry for both mobile devices and laptops, as well as the burgeoning electronic-vehicle industry

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use