Trusted News Discovery Since 2008
One News Page
> >

Cassini Resources to commence drilling at Yarawindah Brook Nickel-Copper-PGE Project

Proactive Investors Monday, 9 December 2019
Cassini Resources Ltd (ASX:CZI) is commencing diamond drilling at the Yarawindah Brook Project near the township of New Norcia in Western Australia. The company has an 80% beneficial interest in the project which is prospective for nickel, copper, cobalt and PGE’s (platinum group elements). Cassini’s program will target two separate prospect areas, the XC05 conductor and the AN01-AN02 conductors. Yarawindah exploration target summary The program will consist of about 1,000 metres of diamond drilling and will conclude in January after a short break for Christmas. Cassini managing director Richard Bevan said: “This is an exciting time for our company and we are not slowing down for the holiday period. “This is our maiden drill program at Yarawindah Brook, supported by some excellent work done by our exploration team. “There is a high level of anticipation amongst our team and we hope this program delivers a great start to the New Year for all of our shareholders.” XC05 conductor Cassini completed an airborne electromagnetic survey (AEM) over the project in early 2018 identifying numerous conductors worthy of further investigation. A surface fixed loop electromagnetic (FLEM) survey was also completed over several of the higher priority AEM anomalies in order to confirm and better constrain the conductors prior to drilling. The FLEM reinforced the XC05 and XC06 anomalies as priority targets. Target depth is about 100 metres below surface. Only the XC05 conductor will be tested in this program due to access difficulties at XC06. AN01-AN02 conductors The AN01 and AN02 conductors are at the southern end of a large ultramafic belt which hosts a small lateritic platinum and palladium resource. Cassini views platinum and palladium enrichment in the regolith as ‘path-finders’ for potential massive nickel-copper-cobalt sulphides which have been proven to exist through historical exploration. Confirming this, previous drilling in 2007 returned several significant intercepts of sulphide mineralisation such as 7 metres at 1.30% nickel, 0.22% copper and 0.06% cobalt from 74 metres. Cassini has re-modelled the surface and downhole electromagnetic (DHEM) data and identified multiple off hole conductors which may represent extensions to the recognised mineralisation.

Recent related videos from verified sources

Rosemont Mine files appeal to continue work on project [Video]Rosemont Mine files appeal to continue work on project

The parent company of the Rosemont Copper Mine is appealing a Federal court order that stopped the project.

Credit: KGUN, Tucson, AZ     Duration: 00:35Published

Digging deeper: can hot air provide sustainable source of electricity? [Video]Digging deeper: can hot air provide sustainable source of electricity?

“The new frontier of renewable energy is crossing Iceland. In the land of fire, the homeland of geothermal energy, they are testing a technique to drill wells five kilometres deep to bring steam to..

Credit: Euronews English     Duration: 04:00Published

Recent related news from verified sources

Arafura Resources assays confirm high-grade tungsten results at Bonya

Arafura Resources Ltd (ASX:ARU) and partner Thor Mining PLC (ASX:THR) have received lab assays from the second round of drilling at the Bonya Tungsten Project...
Proactive Investors

Mako Gold to resume drilling Tchaga at Napié project in West Africa

Mako Gold Ltd (ASX:MKG) is about to resume drilling of Tchaga prospect at the Napié Gold Project in Côte d’Ivoire, West Africa, after receiving results of up...
Proactive Investors

You Might Like

Tweets about this

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2020 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.