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australia's identified mineral resources 2004 - Geoscience Australia

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AUSTRALIA’S IDENTIFIED MINERAL RESOURCES <strong>2004</strong><br />

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A measured resource of 9.0 Mt grading 0.53% Ni and 0.1% Co was reported by Central Kalgoorlie<br />

Gold Mines Ltd (now Sherlock Bay Nickel Corporation Ltd) for the Sherlock Bay nickel deposit<br />

near Karratha, WA. The deposit has a strike length of 590 m and is open at depth. Drilling yielded<br />

intersections including 13 m at 0.56% Ni, 11 m at 0.64% Ni, and 21 m at 0.57% Ni.<br />

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View Resources Ltd announced a 130% increase in <strong>resources</strong> at the Carnilya Hill nickel mine<br />

near Kalgoorlie, WA. Total <strong>resources</strong> are 134 656 t at 3.56% Ni. The company reported high-grade<br />

intersections at the Zone 29 project of 3 m at 5.4% Ni, 1.7 m at 6.7% Ni, and 1 m at 4.4% Ni.<br />

Massive sulphides were intersected by <strong>Australia</strong>n Mines Ltd at the Blair mine at Kambalda, WA.<br />

Intersections included 1.6 m at 6.5% Ni. Significant nickel sulphides intersections were<br />

encountered at Area 57 including 3.60 m at 6.2% Ni and 2.65 m at 5.65% Ni.<br />

In a new nickel region, Westonia Mines Ltd reported nickel sulphides from drilling at its Westonia<br />

project, west of Southern Cross, WA. The <strong>mineral</strong>isation occurs in the Westonia Greenstone belt<br />

and two drill holes returned intersections of 16 m at 1.77% Ni from 44 m, and 10 m at 1.61% Ni<br />

from 30 m.<br />

Western Areas NL has reported an intersection of 6.6 m grading 7.9% Ni from 454.6 m downhole<br />

depth (including 3.7 m at 9.0% Ni) in the Flying Fox area of its Forrestania project, WA.<br />

Subsequently, it reported an aggregate intersection of 21.4 m at 7.79% Ni from 494 m downhole,<br />

from one drill hole and a second hole returned 6.6 m at 7.9% Ni. Further drilling intersected<br />

massive sulphides including 2.6 m at 5.2% Ni and 5.6 m at 3.6% Ni.<br />

Thundelarra Exploration Ltd announced that Sally Malay Mining Ltd had reported significant<br />

intersections at the Copernicus deposit in the East Kimberley region, WA including 17 m at 1.91%<br />

Ni and 1.45% Cu, 18 m at 1.52% Ni and 0.79% Cu, 23 m at 1.50% Ni and 0.72% Cu. The company<br />

also intersected 8 m at 1.75% Ni and 1.08% Cu in a drill hole south of the Copernicus deposit.<br />

Western Areas NL upgraded the nickel resource adjacent to the existing decline at Cosmic Boy<br />

to 189 000 t at 2.78% Ni. It also increased <strong>resources</strong> at Digger Rocks deposit by 20% to 54 900 t<br />

grading 3.72% Ni. An intersection of 3.7m at 5.5% Ni in the upper part of the New Morning<br />

deposit confirmed the continuity, thickness and high grade nature of the resource.<br />

At its Widgiemooltha North project 40 km south west of Kambalda, WA, Titan Resources NL<br />

intersected 9 m at 2.76% Ni from 88 m depth, including 2 m at 7.73% Ni from 95 m at its<br />

Armstrong deposit. This intersection is located up dip of the previously defined <strong>resources</strong>. At its<br />

McEwen deposit, the company has intersected 6 m of massive sulphides at 3.06% Ni from 166 m<br />

and at the O’Grady prospect 6 km south of Armstrong, intersections of 1 m at 4.82% Ni, and 24 m<br />

at 1.03% Ni were reported.<br />

Drilling by Mincor Resources NL at the south end of the Miitel orebody via a new underground<br />

drive intersected 6.88 m at 3.12% Ni (4.5m true width) and 4.88 m at 3.09% Ni (4.4 m true width).<br />

Both holes intersected the down-plunge extension of the high-grade N05 ore body. At the North<br />

Miitel deposit, <strong>resources</strong> were upgraded to an indicated resource of 306 800 t at 4.12% Ni (12 644<br />

t contained Ni).<br />

Deep diamond drilling by Sally Malay Mining Ltd at Sally Malay in the East Kimberley region,<br />

WA intersected nickel sulphides over 7.4 m at 1.58% Ni, 0.74% Cu and 0.08% Co including a 4.4 m<br />

interval at 2.06% Ni, 0.98% Cu and 0.1% Co, approximately 650 m below surface. The drilling<br />

confirmed that <strong>mineral</strong>isation continues at depth below the main fault zone.<br />

Breakaway Resources Ltd intersected significant nickel sulphide <strong>mineral</strong>isation at its 5A prospect,<br />

part of the Spargoville property, WA. Better results include 4.11 m at 6.29% Ni, 1.56 g/t Pd and<br />

0.16 g/t Pt, 3.27 m at 5.33% Ni, 0.34 g/t Pd and 0.18 g/t Pt, and 2.97 m at 10.53% Ni, 0.26 g/t Pd<br />

and 0.31 g/t Pt. The <strong>mineral</strong>isation was intersected below the existing 5A open pit.<br />

At the Wedgetail prospect within the Honeymoon Well project, MPI Mines Ltd reported an<br />

intersection of 8.81 m at 6.52% Ni. At the Harrier prospect, also in the Honeymoon Well project,<br />

intersections of 0.35 m at 9.16% Ni, 0.28 m at 24.7% Ni and 3.95 m at 3.12% Ni were recorded.

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