Group 6 Metals

Investigator 22 and Investigator 24 Exploration Drilling Report

Group 6 Metals Limited (ASX: G6M, “Group 6 Metals” or the “Company”) is pleased to provide an update on its regional exploration activities at the Company’s wholly owned Dolphin Tungsten Mine (“DTM”), located on King Island, Tasmania. Exploration drilling has been completed with the assistance of a Tasmanian Government Exploration Drilling Grant Initiative (EDGI).


Key Highlights

  • Investigator 24 and Investigator 22 first pass exploration drilling program completed
  • Mine sequence including skarn hosted scheelite mineralisation identified in all three holes
  • KI 111 1.2m @ 2.8% WO3 from 2.8m in oxidised zone
  • KI 113 1.0m @ 0.6% WO3 from 141.5m in garnet skarn
  • Further exploration drilling planned for calendar Q2 2024
Drill holes KI 111 and KI 112 are the first holes in the Investigator 24 area for almost 50 years and the first to intersect the full mine sequence including B and C lens with associated calc-silicate skarn mineralisation similar to the Bold Head and Dolphin mines.

KI 113 was drilled 200m north of the Investigator 21 site intersecting B and C lens and calc-silicate skarn mineralisation before intersecting the granite.

Scheelite mineralisation associated with garnet-pyroxene skarn was observed under UV light in all three drill holes with sporadic medium to low grade mineralisation confirmed by Laboratory analysis.

The Company aims to test the full potential of the area (63Km2) under exploration lease and to extend the project life beyond the current 14 years through near mine and exploration drilling projects1. G6M’s plan is to resume exploration after ramp up and steady state production is achieved at the Dolphin Mine.

Group 6 Metals Managing Director & Chief Executive Officer, Keith McKnight, said:

“While work is continuing on the ramp up of tungsten production at the Dolphin Tungsten Mine, the Company is keen to continue developing regional exploration opportunities surrounding the mine, building on the high-grade mineralisation intersects encountered from previous exploration drilling carried out at Investigator 21 in 2018 (KIS:ASX 17 May 2018).”

“All three exploration holes have successfully intersected skarn mineralisation in the mine series validating the exploration potential of the Grassy region. The presence of scheelite mineralisation associated with the skarn indicates the right geological processes for significant mineralisation in the district. The Company is excited by the results from step out exploration in this region and systematic drilling is planned to allow more targeted exploration on structural targets.”


Click here for the full ASX Release

This article includes content from Group 6 Metals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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