Surface stratigraphic diamond drill holes targeting a previously untested EM anomaly near the Northern Ultramafic Granulite and Oxide and Stoney Creek intrusion targets at Savannah have been completed.
Downhole EM surveying has identified a series of off-hole conductors located directly east of the Northern Ultramafic Granulite which is along trend from Savannah and Savannah North.
This represents a high priority greenfield drill target for the March quarter 2021 following the wet season.
Downhole EM surveys of the Oxide and Stoney Creek drill holes will be completed in the coming weeks.
Underground drilling has now commenced at Savannah to target a series of very strong electromagnetic anomalies interpreted as the potential westward projection of the Savannah North Upper Zone orebody.
All targets being tested leverage the extensive mining and processing infrastructure in place at Savannah.
Commenting on the exploration progress, Managing Director & CEO, Victor Rajasooriar said:
“Since we resumed exploration last month, we’ve been successful in identifying a large new cluster of EM conductors directly along trend of the Savannah and Savannah North deposits. This has the potential to represent a new zone of sulphide mineralisation however we won’t be able to answer this question until we’re able to complete follow-up drilling in the March quarter 2021.
“We now hope to have further success as underground diamond drilling commences to test a large, near-mine EM conductor interpreted to reflect the westward continuation of the Savannah North Upper Zone orebody.
“These targets all have the capacity to both lengthen and enhance the Savannah Mine Plan as we progress underground development to put the asset in a position to consider a rapid resumption of nickel, copper and cobalt production by mid-2021.”
