- Viridis Mining and Minerals (VMM) is advancing with work programs at the Bindoon and Boddington West projects in Western Australia
- Interpretation of aeromagnetic data from the Bindoon Project identified three mafic/ultramafic belts
- Surface sampling has been completed with the samples submitted for geochemical assay and once received, will be combined into the aeromagnetic interpretation
- At Boddington West, a surface geochemistry survey has been planned to follow up an aeromagnetic and radiometric survey that revealed a series of diorite intrusives
- Shares in Viridis are steady on the market and have ended the day at 27.5 cents
Viridis Mining and Minerals (VMM) is advancing with work programs at the Bindoon and Boddington West projects in Western Australia.
The Bindoon Project consists of the Bindoon North, Bindoon Central and Bindoon South tenements and is prospective for nickel, copper and platinum group element (PGE) mineralisation.
Interpretation of aeromagnetic data has identified three possible mafic/ultramafic belts that were then subject to surface sampling.
Surface sampling has been completed with the samples submitted for geochemical assay and once received, the results will be combined into the aeromagnetic interpretation.
Viridis contracted Southern Geoscience Consultants to reprocess the aeromagnetic and radiometric survey data over Boddington West.
This work revealed a series of northwest-trending diorite intrusives that cross the Boddington Gold Mine and continue to Boddington West.
A systematic surface geochemistry survey has been planned to follow up the aeromagnetic and radiometric survey and will target similar laterites that aided in the discovery of the Boddington gold deposit.
Subject to weather, the survey is expected to be completed in a few weeks.
“These early exploration results are encouraging and suggest that the Boddington Trend which hosts the nearby Boddington Gold Mine may continue onto Viridis’ Boddington West tenement,” Executive Chairman Agha Shahzad Pervez commented.
Shares in Viridis were steady on the market at 27.5 cents at market close