Albidon discovers more nickel near Phikwe

Australian nickel mining company, Albidon has discovered exciting drill results at its Sunnyside project, the company has announced.

Believed to be the most substantial nickel sulphide intersections in Botswana outside the Selebi-Phikwe and Tati nickel mining districts, the intersections include 8.6m@1.21 percent nickel, 0.30 percent copper within an intersection of 18.6 metres with grades ranging up to 2.3 percent Nickel, and 1.12 percent copper in individual one-metre intervals.

“The core drilling programme is designed to test coincident geophysical and geo-chemical targets over a zone that is 2km in length,” said the company.

Apart from following up on the Sunnyside results, the company will also , in the next few months start drilling at its kgwedi and Lipadi projects.

Albidon’s Sunnyside and Kgwedi prospects form part of an 8.7 sq km tenement package held by the company to the South East of Selebi-Phikwe.

This large package of prospecting licences is wholly owned by Albidon and was taken up on the basis of geological similarities with the Selebi-Phikwe area, along with the presence of a number of known nickel sulphide prospects located along major geological structures in the region.

Commenting on the drill targets, the company said that the geophysical surveys have delineated a number of highly chargeable and conductive zones of elevated nickel and copper geochemistry defined by soil sampling.

“For Kgwedi the soil assays are expected in the coming weeks,” the company said.

At the Sunnyside project, Albidon had completed ground geophysical surveys comprising both induced polarisation (IP) and electromagnetic (EM) techniques.

Albidon says that the geophysical programmes were undertaken to follow up reported mineral occurrences and soil geochemical anomalies for nickel and copper that were outlined in exploration programmes undertaken by previous explorers in the 1970s.

The geophysical surveys had delineated a number of highly chargeable and/or conductive zones over substantial areas, up to 2 km in length, at both the Sunnyside and Kgwedi prospects.The company added that they will be carrying an extensive airborne survey in the coming months to provide full coverage of the prospective geology located along major fault structures to the North and west of Sunnyside.

Source