NickelX reports ‘significant’ anomalies at Dalwallinu nickel project targeting nickel-copper-PGE

Julimar look-alike hunter NickelX (ASX: NKL) has identified what it describes as two every strong basement-hosted anomalies at its Dalwallinu nickel project in Western Australia.

Dalwallinu is located 208km northeast of Perth and is NickelX’s target for mineralisation similar to that at the now famed Julimar nickel-copper-platinum group elements discovery near the town of Toodyay, owned by Chalice Mining (ASX: CHN).

The company says a moving loop electromagnetic (MLEM) survey, along with a subsequent fixed loop electromagnetic (FLEM) survey, have identified the anomalies.

The first anomaly suggests a 210m by 270m plate, lying about 100m below surface.

The other was modelled as a 65m by 65m plate at a depth of about 30m from surface.

‘Compelling drill targets’

Both plates returned moderate conductance.

NickelX says the conductance levels of both anomalies “are consistent with massive sulphide mineralisation, making them compelling drill targets seeking Julimar style nickel-copper-PGE mineralisation”.

Dalwallinu’s project area covers 86 sq km of the entire Barra Barra greenstone belt, 150km northeast of Julimar.

The ground is accessible private farm land with a sealed road passing its front, and native title has been extinguished.

Modern technology ‘closes the loop’

NickelX managing director Matt Gauci says the survey results confirm the prospectivity of Dalwallinu to host massive sulphide mineralisation.

“, combined with high tenure nickel, copper and PGE in soil geochemical results, closes the loop on the application of modern geophysics and detailed sampling to further refine drill targets at Dalwallinu,” he added.

The Dalwallinu nickel project lies in the under-explored Barra Barra belt, which in turn is within the emerging West Yilgarn mineral province, and which is host to several recent nickel-copper-PGE discoveries, including Julimar.

Recent geochemical and geophysical work programs evaluated by the company have identified priority nickel-copper-PGE targets over a strike length of 6km with more detailed geochemical, geophysical and drilling work planned.

The electromagnetic surveys were conducted over April and May.

NickelX says that it is in the process of obtaining necessary approvals to drill test the anomalies, as well as engaging drill contractors to carry out the work.