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An extensive new sulphide zone has been discovered at the Sherlock Bay Nickel Sulphide Project in the Pilbara region of WA. All four new diamond drill-holes intersected massive sulphides within broader semi-massive to stringer sulphide zones.
The new sulphide discovery extends for a strike-length of at least 500m and is open in all directions, with untapped strong off-hole DHEM conductors evident. Sabre has expanded its tenement holding at Sherlock Bay with three new exclusive exploration license applications, with potential for significant resource growth.
The structure at Sherlock Bay connects with the Andover Project, where Azure Minerals Ltd has significant nickel sulphide resources and recently intersected lithium bearing pegmatite grading 1.26% Li 2O2. The Company is reviewing its extensive drill-core and geophysical database to locate similar lithium bearing pegmatite occurrences.
Diamond hole SBDD005, drilled beneath the Discovery Zone intersection in SBD072A of 24m @ 0.8% Ni, 0.13% Cu, 0.04% Co, produced higher-grade nickel-copper-cobalt sulphide results associated with the northern contact of the Sherlock Intrusive.
A strong electromagnetic (EM) conductor was identified on the southern contact of the Sherlock Intrusive, 2km southwest of the Discovery Zone resource.
Drilling set to commence to test the new target for further massive and breccia matrix sulphide zones with higher-grade nickel-copper-cobalt grades.
Sherlock Bay diamond drilling results include high-grade semi-massive and breccia matrix sulphide results associated with the C3 electromagnetic (EM) conductor of up to 1.66m @ 1.0% Nickel Equivalent.
The high-grade results are part of an intersection of massive, breccia matrix and stringer sulphides at the western end of the Discovery Zone, with 17.0m @ 0.6% NiEq* (0.44% Ni, 0.14% Cu, 0.03% Co, 0.06 g/t 3E).
Results continue the trend of higher-grade results associated with the targeted Sherlock Intrusive contact zone.
New surface electromagnetic (EM) survey at Sherlock Bay has detected a strong conductor extending for 1km at the western end of the current nickel sulphide resource, representing a major target for the discovery of further massive/matrix breccia sulphide mineralisation.
The strongest EM anomaly extends west of the massive and matrix breccia sulphide zones intersected in drillholes SBDD0021 and SBDD003A2, indicating potential for a major new discovery of massive/matrix breccia sulphides.
The EM anomaly is coincident with a strong magnetic low, suggesting the presence of magnetite and/or pyrrhotite in the mineralisation.