Livewire Exploration Watch

John Robertson

PortfolioDirect

Kidman Resources has re-assayed five RC holes at its Mount Holland prospect south of Southern Cross focussing on lithium-bearing pegmatite occurrences near historical gold workings. Assay results have defined a potentially thick (up to 50 metres) lithium-endowed pegmatite. Follow-up holes to confirm the thickness and the lithium grade are planned. The broader prospect hosts over five mineralised pegmatite bodies. Legend Mining reported barren sulphides with very minor nickel and copper sulphides from two diamond holes 150 kilometres northeast of the Nova-Bollinger development. One hole contained a thick sequence of iron sulphide and graphitic metasediments with very thin intervals of economic minerals from a depth of 526 metres. Minerals were identified at 626 metres in the other. Neither outcome indicates the proximity of a mineralised body. Thundelarra is testing a series of deep gravity anomalies at Red Bore adjacent to Sandfire’s Degrussa mine. A series of vertically oriented copper mineralised bodies had been identified without the deeper potential being tested. Initially, 2,400 metres of RC drilling will be directed at three targets followed by a deeper diamond drilling program.


John Robertson
John Robertson
PortfolioDirect

John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.