お知らせ • Nov 04
Raiden Resources Limited Reports on the Latest Assay Results from the Recently Completed Mt Sholl Drilling Program
Raiden Resources Limited reported on the latest assay results from the recently completed Mt Sholl drilling program. The company completed a total of 39 diamond holes for 4,204m between 19 September and 23 October 2022. These latest assays and intercepts are from the second batch of samples despatched by the Company during its maiden drill program at Mt Sholl. The prospective mineralised contact between the layered intrusive host rocks of the B2 deposit and the surrounding country rock extends over approximately 3.5km, of which Raiden's results to date confirm 900m of significant mineralisation. Over the cumulative 10.5 kilometres of the prospective strike across the project area, only approximately 4.3km has been drill tested historically, presenting an opportunity to define further, near surface mineralisation on the project. Notably, mineralisation remains open to depth as well, providing the potential for a significantly larger discovery. The mineralisation styles intersected in these last drill holes included massive, semi- massive, stringer and disseminated mineralisation within a predominantly gabbro/dolerite host, bounded by basalt flows above and below the mineralisation. In some discrete areas an ultramafic pyroxenite has been logged, which also hosts massive and disseminated sulphide mineralisation, indicating that multiple units may host mineralisation within the ultramafic sequence. Sulphide mineralisation intersected to date continues to consist of predominantly fine grained pyrrhotite, chalcopyrite and pentlandite. The consolidated tenements are located 22 kilometres southeast of Karratha and 10 kilometres northeast of the mothballed Radio Hill mine in the Pilbara region of Western Australia, covering a total land area of 42km. The tenements are underlain by Paleoarchean greenstone rocks, primarily basalt, and part of the Mesoarchean Mount Sholl layered mafic-ultramafic intrusive complex. The consolidated tenements host several Ni-Cu-Co-PGE deposits, with mineralisation occurring as disseminated, matrix, stringer and rare massive pyrrhotite-pentlandite-chalcopyrite. High pyrrhotite content in ore means that Ni-Cu mineralisation in the intrusion across the consolidated tenements could be associated with discrete magnetic highs. Extensive work on the properties targeting Ni-Cu-Co-PGE mineralisation was conducted by a number of companies from the early 1970's through to 2016. Exploration programs included the collection of surface samples (soil, auger and rock), airborne geophysics (magnetics, EM) and drilling (RAB, RC and diamond). HIGHLIGHTS: Further drill assays confirm broad zones of high-grade Ni-Cu-PGE; sulphide mineralisation at Mt Sholl deposit; Mineralisation and assays continue to correlate with historical drilling; Summary of mineralised intervals: 22B2DD005 21.49m @ 1.75% Ni Eq1 from 32.70m (1.46% Ni, 1.48% Cu, 272ppm Co, 5.41g/t Ag & 1.11g/t 3E) (3E = combined Pd, Pt & Au values); Including 8.0m @ 2.42% Ni Eq from 39m (1.09% Ni, 1.51% Cu, 376ppm Co, 7.04g/t Ag & 1.43g/t 3E); And 2.0m @ 3.14% Ni Eq from 41.5m (1.55% Ni, 1.83% Cu, 517ppm Co, 8.80g/t Ag & 1.49g/t 3E); 22B2DD006 24.0m @ 0.70% Ni Eq from 54m (0.37% Ni, 0.32% Cu, 210ppm Co, 1.58g/t Ag & 0.35g/t 3E) And 5.0m @ 1.49% Ni Eq from 85.0m (0.63% Ni, 0.78% Cu, 302ppm Co, 2.93g/t Ag & 0.50g/t 3E) Including 0.4m @ 3.23% Ni Eq from 88.4m (1.14% Ni, 2.59% Cu, 544ppm Co, 10.7g/t Ag & 1.62g/t 3E); 22B2DD007 19.57m @ 1.58% Ni Eq from 36.00m (0.75% Ni, 0.83% Cu, 288ppm Co, 4.32g/t Ag & 0.94g/t 3E) Including 4.4m @ 2.26% Ni Eq from 42m (1.17% Ni, 1.11% Cu, 395ppm Co, 5.73g/t Ag & 1.24g/t 3E); And 0.90m @ 5.19% Ni Eq from 52.35m (3.51% Ni, 1.46% Cu, 1200ppm Co, 6.24g/t Ag & 2.04g/t 3E); 22B2DD008 19.6m @ 1.56% Ni Eq from 105.4m (0.63% Ni, 0.91% Cu, 246ppm Co, 4.70g/t Ag & 1.15g/t 3E) Including 1.2m @ 2.90% Ni Eq from 118.0m (0.99% Ni, 1.93% Cu, 356ppm Co, 9.83g/t Ag & 2.38g/t 3E); 22B2DD009 18.0m @ 0.60% Ni Eq from 20m (0.32% Ni, 0.26% Cu, 171ppm Co, 1.58g/t Ag & 0.34g/t 3E); And 19.0m @ 0.83% Ni Eq from 43.0m (0.38% Ni, 0.45% Cu, 195ppm Co, 2.31g/t Ag & 0.53g/t 3E). Including 1.5m @ 1.14% Ni Eq from 50.0m (0.57% Ni, 0.57% Cu, 303ppm Co, 2.10g/t Ag & 0.64g/t 3E). Assays for the remaining drill holes expected over the coming weeks and will be reported on an ongoing basis.