Continental Nickel (CNI) has announced that a 2,409 km aerial magnetic and electromagnetic (EM) survey has discovered 25 new high-priority VTEM anomalies at the Nachingwea project in Southeast Tanzania. IMX Resources and CNI have 25:75 joint venture in this project.
CNI’s Vice President Exploration, Patricia Tirschmann, stated that the company is delighted to complete the regional VTEM survey and is confident over the volume of high-quality target areas produced. EM anomaly identification in line with the Hog gold prospect improves this target’s exploration potential and the company is expecting to conduct drill testing on it and also on other high-priority target areas.
South Africa-based Geotech conducted the aerial geophysical survey with the help of versatile time-domain electromagnetic (VTEM) geophysical system. The survey was carried out from 29 July to 11 August. It was flown for 2,409 km in five flight blocks.
The flight blocks, which include the aerial VTEM survey for this year, were specifically chosen by prioritizing regions, depending on the airborne radiometric and magnetic survey results together with geological mapping and geochemical sampling results. Currently, the company is assessing initial data from the recent VTEM survey and is selecting target areas for ground follow-up to support in prioritizing anomalies in order to perform drill testing later.
The initial VTEM data analysis shows the discovery of EM anomalies on every five flight blocks and about 25 of these are high priority anomalies having late channel responses. Many other VTEM anomalies have nickel and copper in soil anomalies.
CNI is planning to conduct 1,500-2,000 m of reverse circulation drill program in order to examine specific high-priority regional geochemical and VTEM anomalies, which also include the Hog gold prospect. The company is likely to commence this drilling program in mid-September.
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