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- BPM Minerals (BPM) has commenced drilling at its Nepean Project, located in Coolgardie, Western Australia
- Three thousand metres of Aircore drilling is underway, with the immediate exploration strategy being to test the surface projection and position of the 11 identified EM conductors
- Drilling at Nepean is set to target near-surface mineralisation potentially overlying semi-massive or massive sulphides conductive bodies
- The drilling hopes to provide further geological and geochemical context to assist with the prioritisation of the conductors for testing using reverse circulation or diamond drilling later in the year
- BPM Minerals (BPM) last traded at 24 cents on February 23
BPM Minerals (BPM) has commenced drilling at its 100 per cent-owned Nepean Project, located in Coolgardie, Western Australia.
Three thousand metres of Aircore drilling is underway at the nickel project, with the immediate exploration strategy being to test the surface projection and position of the 11 identified EM conductors.
With much of the prospective mafic-ultramafic stratigraphy concealed beneath the cover, nickel exploration is predominantly driven by geophysics and drilling.
Drilling at Nepean is set to target near-surface mineralisation potentially overlying semi-massive or massive sulphides conductive bodies. The drilling hopes to provide further geological and geochemical context to assist with the prioritisation of the conductors for testing using reverse circulation or diamond drilling later in the year.
Modelled conductors are located in areas that have either not been tested or are poorly tested by drilling.
The Nepean Gold and Nickel Project comprises a single granted exploration licence covering an area of approximately 39sqkm
The project is located approximately 500km east of Perth and 30km south-southwest of Coolgardie.
BPM’s Nepean Nickel Project directly abuts the historic high-grade Nepean nickel sulphide mine, which was the second producing nickel mine in Australia, producing 1,108,457t of ore between 1970 and 1987 for 32,202t of nickel-metal at an average recovered grade of 2.99 per cent Ni1.
Its maiden 5,836m aircore program intersected ultramafic rocks which are typical host lithology for nickel sulphides, with drilling returning Ni-Cu-Co lithogeochemical anomalies from the wide-spaced, first-pass drill program.
BPM Minerals (BPM) last traded at 24 cents on February 23.
