Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Trump lashes out at Crockett, renews call for...
Trump goes after Zelenskyy over ‘land swapping’ dispute,...
Democratic whistleblower told FBI that Adam Schiff approved...
MORNING GLORY: Trump meets Putin amid an era...
‘Things need to change’: Senate Democrats sharpen criticism...
Mamdani zings Cuomo in rent-stabilized housing spat during...
Unearthed emails reveal White House nixed Biden visiting...
Strong drilling targets identified next to high-grade gold-copper...
Seymour Lithium Project Achieves Permitting Milestone
Acquisition of Silver Extraction Technology
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

Nickel Discovery at Kiabye Project

by admin November 14, 2024
November 14, 2024
Nickel Discovery at Kiabye Project

Red Mountain Mining Limited (“RMX” or the “Company”) is pleased to advise that a recent infill soil sampling program with rock chip sampling at Kiabye was completed with the rock chip assays becoming available. The recent soil sampling involved the collection of 520 soil samples at 25m and 100m infill over the Kiabye South target and infill and extension sampling at the Northern anomaly and Reef 2 target at 50m spacing. At total of 11 rock chip samples were taken during the exercise with 10 taken along the Kiabye South Target.

HIGHLIGHTS

  • Gossan discovery produces 1.12% Ni, 0.95% Co and 0.07% Cu from an area not previously tested for Nickel or Cobalt mineralisation.
  • The gossan is Iron and manganese rich with detectable Pt and Pd.
  • Soil gold assays highlighting a N-S magnetic feature with gold leakage points along a strike length of over 2km.
  • Soil assay results for Flicka Lake in Canada are expected shortly.

One rock chip sample (KPR065) of a gossan in the southern part of the Kiabye South Target was highly anomalous reporting strong Nickel and Cobalt results:

  • 11,222ppm Ni, 9,565ppm Co, 756ppm Cu, 95.2ppb Pd, 22.6ppb Pt and 7ppb Au

The gossan sample KPR065 resides in an area approximately 1.4km south of the historical Nickel exploration pits with no evidence onsite of previous workings. This site also sits on the south margin of a VTEM anomaly with a shallow conductive feature, see Figure 3.

The follow-up phase of rock chip and soil sampling at the Kiabye Gold Project, covers previously identified gold target areas over the central portion of the Kiabye Greenstone Belt in the Yilgarn‘s Murchison Domain, southeast of Mount Magnet. In particular, the soil sampling focused on the Kiabye South area with 25m infill sampling over a 2,500m North-South magnetic linear target where historical shallow drill (RAB) site N15 (14m) reported 1m @3.45 g/t in the last metre of the hole and is located near surface rock sample with 0.728ppm Au (RMX 5/8/2024). On the marginal extensions of the target infill sampling was conduct to complete 50m centers or e 50×100 spacings on the more marginal areas in the south. See Figure 2 for locations.

Soil gold assays highlight a N-S magnetic feature with gold leakage points and strike length of over 2km.

Two soil sampling programs were conducted for gold over several historical targets within the Kiabye Project area. The main targets were Kiabye South, Northern anomaly and Reef 2.

At Kiabye South results indicate several anomalous samples which coincide with a N- S magnetic feature, a possible demagnetized zone associated with an interpreted shear/fault zone where the anomalous gold possible represents mineralised leakage points along the structure. These points represent future drill targets to test the structure.

Click here for the full ASX Release

This post appeared first on investingnews.com

previous post
WGC: Gold Price Under Pressure as US Election Sparks Sentiment Shift
next post
Trump says Thune ‘will do an outstanding job’ as Senate majority leader

You may also like

John Hancock to join White Cliff Minerals Board

June 24, 2025

Highly Encouraging Maiden Scandium Mineral Resources for Melrose...

September 5, 2024

CleanTech Lithium PLC Announces CEOL Update

September 28, 2024

Should You Invest in Silver Bullion? (Updated 2024)

November 1, 2024

Blue Sky Uranium Expands Drill Plan to Advance...

May 14, 2025

COLDry Fertiliser JV Seed Funding & Working Capital...

December 18, 2024

GMV Minerals Inc. Extends Exclusive Option to Acquire...

June 13, 2025

Spearmint Acquires the Sisson North Tungsten Project

February 13, 2025

Successful completion of Lac Carheil drilling program

April 10, 2025

Trump’s Nuclear Revival Plan Boosts Uranium Prices, Sends...

May 30, 2025

Recent Posts

  • Trump lashes out at Crockett, renews call for cognitive test
  • Trump goes after Zelenskyy over ‘land swapping’ dispute, lays out ‘feel out meeting’ with Putin
  • Democratic whistleblower told FBI that Adam Schiff approved classified leaks to target Trump
  • MORNING GLORY: Trump meets Putin amid an era done away with John Quincy Adams’ ‘abroad’
  • ‘Things need to change’: Senate Democrats sharpen criticism of Israel as humanitarian concerns grow

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (867)
    • Investing (2,729)
    • Politics (3,369)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 Sightful Invest. All Rights Reserved.