The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Si6 Metals (SI6) wraps up an audio-frequency magnetotellurics (AMT) survey at its Maibele North Project in Botswana
  • The nickel-copper-cobalt-PGE project contains a mineral resource estimate of 2.38 million tonnes, which remains open along strike and at depth
  • The 27-line survey covered the entire resource area, accurately mapping existing sulphide mineralisation and identifying “significant” untested zones
  • Si6 is planning follow-up reverse circulation and diamond drilling at the targets and further AMT surveys to the east and west of the current survey area
  • Company shares closed at 1.5 cents apiece on July 13, 2021

Si6 Metals (SI6) has wrapped up an audio-frequency magnetotellurics (AMT) survey at its Maibele North Project in Botswana.

The company is exploring for base and precious metals within the Limpopo Mobile Belt — a district known for hosting major nickel and copper operations.

Notably, the Maibele North ore body contains a multi-commodity nickel-copper-cobalt-PGE mineral resource estimate of 2.38 million tonnes and remains open along strike and at depth.

Si6’s 27-line survey covered the entire resource area as well as strike extensions to accurately map existing sulphide mineralisation and detect what it said were several “significant” zones of anomalism beneath the orebody that remain untested by drilling.

Additionally, the survey reportedly detected a large, strong anomaly corresponding to mineralisation previously intersected in a drill hole at Maibele East.

It has also confirmed narrow nickel-sulphide mineralisation in another hole in the area.

Si6 Executive Chairman Patrick Holywell said of the work: “Our Botswana program is continuing in its success with our latest AMT survey, not only accurately mapping the existing sulphide mineralisation but identifying numerous untested sulphide targets both below and along strike of our current resource.

“This follows our recently announced identification of two 2.5-kilometre anomalies at Dibete and Airstrip.”

The company intends to follow up the newly identified AMT targets with a combination of reverse circulation and diamond drilling and is planning further AMT surveys to the east and west of the current survey area.

Si6 Metals shares closed at 1.5 cents apiece on July 13, 2021.

SI6 by the numbers
More From The Market Online

Trinex Minerals had a hot winter on high grade Uranium hits in Canada

Trinex Minerals has intercepted high grade uranium at the Gibbons Creek Uranium Project in Canada after…

Lithium Universe eyes hydropower setup for greener battery metals

Lithium Universe announced it has made an application in Canada for renewable electricity to power its…

WA1 Resources jumps on latest niobium assay results

WA1 Resources (ASX:WA1) has seen its shares jump nearly 1.5% to $17.87 after it announced its…