IGO uncovers new nickel-copper target

Boadicea Resources, along with its exploration partner IGO, has released details about the exploration program it carried out at the Fraser Range area in Western Australia during the September 2023 quarter.

The program concerned exploration activities such as aircore drilling within the Boadicea tenements located in the northern Fraser Range area, which returned new nickel-copper mineralisation.

IGO drilled 32 holes for 3670 metres (m) across the Eggpie prospect within the Transline South tenement, intersecting gabbronorite – a key source of nickel mineralisation – in the Fraser Range.

Portable x-ray fluorescence (XRF) analysis also indicated nickel-copper readings.

While the results are worked on, IGO has added additional infill holes to the drilling program, adjacent to where the discovery was made.

“Intersection of the right rock type, sulphides and elevated readings of nickel and copper from the portable XRF have provided significant encouragement for the potential of the Eggpie target,” Boadicea managing director Jon Reynolds said.

“We keenly await the assay results and further exploration activities by IGO on the Eggpie target to test its potential for nickel mineralisation.”

IGO also drilled 12 aircore holes for 480m at the Beacon target, where the hole depths ranged from 26-56m with an average hole depth of 40m.

Core samples from every drill hole IGO created have been sent to ALS – a testing laboratories company – for examination. The assay results are expected to be returned within the upcoming months.

Besides the two drilling programs conducted on Boadicea’s behalf, IGO has executed a revised heritage agreement with the Ngadju People, following a period of negotiation.

It also decided to give the Transline West 2 tenement to Boadicea following an in-depth review of the target’s prospectivity. Boadicea regained management of the tenure from IGO on August 7.

IGO’s exploration works near the area are expected to continue into the December 2023 quarter.

Boadicea holds 11 exploration licences located north and south of IGO’s Nova project in the Fraser Range area which cover a 919 square kilometre area.