The company said follow up down-hole electro-magnetic surveys detect conductors typical of bulk massive sulphide bodies, presenting high priority drill targets for immediate follow-up.
Orion Minerals (ASX:ORN) has reported that high tenor nickel-copper-cobalt-platinum group metal sulfides have been interected at its Rok Optel project in the Northern Cape of South Africa.
As highlighted in the press release:
- Initial drilling confirms presence of high tenor polymetallic sulphide mineralization within two zones of a complex multiphase mafic conduit-style intrusion.
- Massive sulphide veinlets occurring in swarms attain a maximum of 1-2% by volume in the wide swarm intersections drilled in the first hole.
- Base metals within the better mineralized sulphide zones attain maximum tenors of 15% Ni and 4% Cu indicating that the target massive sulphide may be of premium quality.
- Follow up down-hole electro-magnetic surveys detect conductors typical of bulk massive sulphide bodies, presenting high priority drill targets for immediate follow-up.
Managing director and CEO, Errol Smart said:
“Having confirmed that narrow injected massive sulphides veins intersected in recent drilling have high base and precious metal tenors and also having detected very strong down-hole EM conductors which may indicate wide lenses of sulphide with similar quality to the narrow veins already intersected, we are looking forward to the results of follow up drilling already underway.”