29/04/2021 - 16:15

Si6 goes deep in Botswana

29/04/2021 - 16:15

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ASX-listed explorer, Si6 Metals has its field team going full tilt now in Botswana as the company looks to identify deeper sulphide targets. The company is about to deploy a round of Geophysics and a 27 -line AMT Survey to map existing mineralisation with the ultimate goal of eking out some deeper targets to chase with the drill rig.

3D, oblique view of the interpreted Maibele North ultramafic body with ore zones and survey design. Credit: Si6 Metals

ASX-listed explorer, Si6 Metals has its field team going full tilt now in Botswana as the company looks to identify deeper sulphide targets. Si6 is about to deploy a round of Geophysics and a 27-line AMT Survey to map existing mineralisation with the ultimate goal of eking out some deeper targets to chase with the drill rig.

The company’s scale-up in-field activity will also see it ping for deep off hole conductors with a downhole survey tool at the Maibele North prospect which had to be halted earlier due to a blockage.

An induced polarisation, or “IP” field crew has been mobilised at the company’s Airstrip and Dibete prospects to undertake a new Pole-Dipole survey as a prelude for deeper drilling.

The Limpopo Mobile Zone already hosts major nickel and copper operations in Africa and the company’s Maibele North prospect contains an advanced resource for nickel-copper-cobalt and platinum group elements.

The company completed an IP survey across the Airstrip and Dibete prospects in late 2020 to detect new copper-silver sulphide mineralisation based on the Messina copper sulphide deposits 200 kilometres away in the South African sector of the Limpopo Mobile Belt.

The IP survey identified several anomalous “chargeability zones at both prospects which are being followed up with discrete lines of Pole-Dipole IP to help identify potential deep sulphide mineralisation.

Si6 has already started to seek quotes from in-country drilling companies in anticipation of a successful round of geophysics.

Earlier this week the company announced it had been successful in getting co-funding from the WA Department of Mines, Industry Regulations & Safety courtesy of the government’s “Exploration Incentive Scheme” which will stump up 50 per cent of some drilling costs at Si6’s Monument gold project near Laverton.

The company holds a 310 square kilometre licence at Monument and the area already boasts significant gold producers including Wallaby at 7 million ounces and Jupiter at 1.5 million ounces.

Management has already identified about 60 high-level felsic intrusive targets and has planned a 5,000m AC drilling program. The company is also awaiting results of a soil sampling programme near the old Mt Morgan mining centre in the south of the project area.

 

Is your ASX-listed company doing something interesting? Contact: matt.birney@businessnews.com.au

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