Nickel Projects

SXG's tenements in the Southern Cross and Marda Diemals districts cover about 3,400km² of greenstone belts within the highly prospective Central Yilgarn Nickel Province (CYNP). This is one of the largest landholdings within the province and includes over 100km strike of a major ultramafic flow unit within the Southern Cross Belt and the westernmost part of the Marda Diemals belt. This is interpreted to be equivalent to the geological unit which hosts nickel sulphide mineralisation at Flying Fox and Spotted Quoll, approximately 200km to the south.

Exploration for nickel is most advanced at the Bullfinch North Nickel Project (click) where large volumes of ultramafic are located, much of which is mapped as olivine cumulate (the main host for nickel sulphides, e.g. Flying Fox). Classic Kambalda / Flying Fox style nickel sulphide mineralisation is known to occur within SXG's tenements at the Trough Well deposit, which has numerous intercepts of between 1m and 5m grading between 1% and 3% nickel. Drilling is currently underway, testing three additional shoots along strike to the north of Trough Well (click).

Intercumulate and disseminated sulphides have been identified in the stratigraphic locations predicted and assay results are pending.

At least ten additional areas of favourable olivine cumulate host rocks with gossans and anomalous nickel and copper geochemistry have been identified (Figure 4). Ground electromagnetic (EM) surveying of the highest priority targets is planned over the next six months, aimed at directly identifying subsurface sulphides. This work will be followed up by drilling as warranted.