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Azure Minerals flags nickel, copper and palladium potential at new Andover tenements
Special Report: First field reconnaissance at Azure Minerals’ new Exploration Licence Applications (ELAs) at its Andover Joint Venture in WA … Read…
First field reconnaissance at Azure Minerals’ new Exploration Licence Applications (ELAs) at its Andover Joint Venture in WA has identified outcropping nickel-rich and copper-rich gossans.
And not only do the gossans contain high grade nickel and copper, but they also contain highly anomalous palladium – the first evidence of significant Platinum Group Elements (PGEs) at the project.
All seven samples collected from the visit returned strong assays, with sample ANDLG169 returning 3.75% nickel, 25.4% copper and 120 ppb palladium.
The visit also flagged strong bedrock-hosted electromagnetic (EM) conductors present, indicating potential for massive nickel and copper sulphide deposits.
Palladium a valuable addition
”Our regional exploration program on Andover continues to deliver outstanding outcomes,” Azure Minerals (ASX:AZS) MD Tony Rovira said.
“The first visit to one of our new tenements to assess the potential for nickel-copper sulphides and pegmatite- hosted lithium mineralisation was no exception, with field geologists observing outcropping gossans that visually contained significant quantities of copper mineralisation.
“This was supported with high copper and nickel readings by handheld portable (pXRF) and later confirmed by laboratory analysis.
“It is also pleasing that we have, for the first time, identified significant grades of PGE’s at Andover, in particular the high value metal palladium.
“Obviously, this is an exciting start to our exploration in the new area and work is continuing.”
Pegmatite potential at Andover
Beyond nickel and copper, the field visit also assessed the numerous pegmatites present in this area for their lithium potential.
The nickel-focused team is continuing surface exploration on the new ground while drilling is ongoing at the Seaview and Pipeline nickel-copper-cobalt prospects, while the lithium -focused team is exploring the swarm of lithium-rich pegmatites and old mine workings throughout the Andover area.
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This article was developed in collaboration with Azure Minerals Limited (ASX:AZS), a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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