Tambourah Metals identifies 22 discrete conductors at Achilles base metals project
Tambourah Metals (ASX: TMB) has identified 22 new and discrete conductors at the Achilles nickel-copper-platinum group elements (PGE) project following analysis of results from a recent airborne electromagnetic survey (AEM).
The company confirmed the Priority 1 conductors were present in a depth range of 180 metres to 300m below surface near to the Olympia deposit.
None have been drill tested in the past.
Priority 1 conductors are defined as those with characteristics most likely to be associated with massive sulphides.
Inversion modelling of the new AEM data has been completed, with an emphasis on defining strong discrete conductors within the highly magnetic stratigraphy.
It has been integrated with historic AEM data which delineated four priority drill targets at the Achilles prospect.
Newly-appointed chief executive officer Ralf Kriege said he was pleased with the results.
“Our first greenfields exploration program at Achilles has generated some high order conductors in highly prospective terrain,” he said.
“These targets confirm the potential for further new nickel discoveries within the area, which we will be progressively testing.”
Top job appointment
Mr Kriege was appointed to Tambourah’s top job in March to assist the company in identifying new opportunities and develop its existing projects.
He is an experienced geologist with over 20 years in the Australian and global mining industries in operational and managerial roles.
Most recently, he held the position of exploration manager for private Perth-based company Liatam Mining, responsible for the management of green and brownfields activities at the Bald Hill mine and the Cowan lithium projects.
Mr Kriege is in charge of Tambourah’s daily operations and works with the board to accelerate exploration and development of the company’s gold and critical minerals portfolio.
Olympia deposit
The Olympia deposit is located 10 kilometres to the south of the Achilles project and is hosted in highly-magnetic ultramafic rocks associated with an AEM conductor.
It is reported to contain a resource of 573 million tonnes of ore grading 1.63% nickel, 1.19% copper, 0.08% cobalt, 1.49 grams per tonne palladium and 0.85g/t platinum.
The ultramafic rocks at Olympia strike directly into the Achilles project, and the two host a combined strike length of 30 kilometres.
Ultramafic rocks — which host disseminated sulphides and elevated historic nickel assays — have been noted in historic drill logs across the magnetic highs at Achilles, most of which have never been drill tested.
Mr Kriege said the new discrete AEM targets are associated with these magnetic highs.