ASX-listed nickel explorer Adavale Resources (ASX:ADD) confirmed on Friday discovering host nickel sulphide rock in its latest drill run at its 100% owned Kabanga Jirani Project.
Located in Tanzania, a jurisdiction warming to foreign investment and development following the inauguration of leader Samia Suluhu Hassan, the project is a nickel sulphide play specifically, which is a different type of in-ore nickel mineralisation to that of nickel laterite.
For an explainer on what that all means, you can read Market Index’s nickel guide for 2023 here.
In short: nickel sulphides are more readily transformed into materials for Electric Vehicle (EV) batteries.
The company used a Diamond Drill (DD) rig to complete drill testing four holes for a combined 1,471m depth at three different prospect targets: HEM 2, HEM 4 and HEM 9 respectively.
“Whilst exploratory drilling of targets within Adavale’s 1,311km2 of tenure is still in its early stages, both drill holes at HEM 2 are considered the most promising to date, intersecting rock types that typically host nickel sulphide deposits,” Adavale CEO David Riekie said.
The HEM 2 target is most promising, according to the company. It “intersected rock types over broad intervals that host nickel sulphide deposits.”
“The drilling provided a clear indication that the potential to host a more “primitive” nickel sulphide rich ultramafic component exists at HEM 2 at depth and further to the east from the area currently drilled,” Riekie added.
Further results are underway, as well as soil geochemistry tests ahead of the company’s 2023 drill run.
A DD rig is so named for the earth boring drill bit in question is tipped with diamond and shaped in such a way whole hard-rock cylindrical cores are trapped in a chamber that is then returned to surface.
DD drilling can typically go deeper than Reverse Circulation (RC) drills, which collect rock chips in a chamber from underground.
When you picture rows and rows of cores lined up in a warehouse somewhere: that’s from a DD rig.
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