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Acacia Coal Ltd.
Summary
| Project: | Windarra | |
|---|---|---|
| Deposit: | Windarra | |
| Location: | Australia | |
| Commodities: | Nickel-Cobalt | |
| Date: | 10/1/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-10-2019: Acacia Coal Ltd. announces an Exploration/Drilling Update report for its Windarra deposit at the Windarra project. Drilling results incl. 17m @ 0.53% Ni from 60m. Acacia Coal Ltd (ASX: AJC) (“the Company” or “Acacia”) provides this drilling upd | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jonathan King (Collective Prosperity Pty Ltd.) | |
| ABSTRACT: | Acacia Coal Ltd (ASX: AJC) (“the Company” or “Acacia”) provides this drilling update for its Windarra Project, located near Laverton, WA. Assays confirm the presence of lateritic nickel-cobalt and sulphide-hosted nickel-copper mineralisation on the property. The drill programme comprised nine reverse circulation holes for 946 metres. The objective of the drill programme was to confirm and define the extents and grade of previously indicated lateritic nickel-cobalt and nickel-copper sulphide mineralisation within the target ultramafic lithologies captured by the project. The indicated mineralisation lies within a komatiitic xenolith preserved within a major granitoid pluton. The komatiite body most likely represents roof pendants and synclinal keel root zones of greenstone synclinoria and is thought to be stratigraphically equivalent to the Windarra Ultramafic, host to economic nickel mineralisation at the Windarra group of nickel mines. The observed mineralisation sits within or beneath the weathered profile developed in komatiitic xenolith. Extensive transported cover sequences obscure the underlying rocks with the local geology outlined by a combination of magnetic and drilling information. | |
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