CAR BOYD NICKEL PROJECT

Carr Boyd Nickel Project, north of Kalgoorlie in Western Australia,

CARR BOYD NICKEL PROJECT

Carr Boyd Nickel Project, north of Kalgoorlie in Western Australia, is a major focus for Estrella Resources Limited – where they have recently made a nickel and copper discovery while drilling into the T5 electromagnetic target.

The Carr Boyd Nickel Project covers the Carr Boyd Layered Complex, a 75sq km mafic igneous complex which hosts several nickel and copper sulphide occurrences – the most significant being the Carr Boyd Rocks mine.

Estrella Resources announced that recent reverse circulation (RC) drilling into the T5 target has intersected 11m of mineralised basal contact zone, including 5m of strong matrix-style nickel and copper sulphides. This recent discovery is the most significant result the company has achieved at the project to date and is now planning for future drilling in the area.

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ABOUT THE PROJECT

  • The Carr Boyd Layered Complex is in a Tier 1 jurisdiction approximately 80km north north-east of Kalgoorlie Western Australia
  • The Carr Boyd Layered Complex is a 75km2 layered mafic igneous complex, which hosts several occurrences of nickel and copper sulphides
  • The most significant occurrence discovered to date is at the Carr Boyd Rocks mine, where mineralisation is hosted by bronzitite breccias (pyroxenites) emplaced within the gabbroic sequence of the Complex
  • An all-weather haul road accessible by the Company under a granted miscellaneous license connects the Project to the Goldfields Highway via Scotia

DRILLING SUCCESS

Estrella is confident it is on the verge of unlocking the nickel potential of the Carr Boyd area. By combining the geophysical results of the upcoming DHTEM survey with advanced nickel sulphide geological modelling, Estrella is positive that the Company’s consultants can vector the next drilling program towards success.

  • Two RC drill holes, CBP042 and CBP043, were completed to test the T5 EM conductor plate
  • CBP043 intersected a minor disseminated sulphide zone between 125-127m down-hole and was completed at 180m
  • CBP042 was drilled approximately 40m north of CBP043 and intersected a basal zone of disseminated and matrix nickel-copper sulphides from 126-137m including 5m of strong matrix-style nickel and copper sulphides between 132-137m depths
  • CBP042 was drilled to a down-hole depth of 234m to facilitate deep DHTEM testing of the discovery area.
  • The nickel and copper sulphides have been confirmed via visual inspection of RC drill chips and through handheld XRF analysis in the field.