Mining

    NickelSearch completes Phase 1 drilling program at Surprise Copper prospect

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    NickelSearch (ASX:NIS) has concluded its Phase 1 reverse circulation drilling program at the Surprise Copper prospect within the Mt Isa North Project, Queensland.

    Aiming to confirm historical data and explore potential extensions of copper mineralisation, the program yielded high-grade copper intervals as high as 12% Cu based on preliminary pXRF analyses.

    Detailed assay results are anticipated by the end of January 2025.

    The recently concluded drill program at Surprise follows historical production at the site, including approximately 5,600 tonnes of material grading between 10-22% copper and 2-4 g/t gold.

    Further exploration activities, including geophysical surveys, are being planned to enhance the scope and efficacy of future exploration campaigns.

    NickelSearch CEO Johan Lambrechts stated, "Over the past few weeks, I visited the Surprise prospect and others in our Mt Isa North Project. The visit confirmed my view of the high potential of the project and that it is screaming for targeted modern exploration activities to unlock what has been awaiting discovery for so long."

    Drilling activities were impacted by regional bushfires, with six holes totalling 768m completed.

    Three of these holes intersected mineralised intervals, while others presented less mineral-rich environments.

    The company reported that no samples were obtained from voids resulting from historical underground workings.

    Future exploration plans for the Surprise trend include 3DIP and magnetic surveys to identify additional mineralised zones.

    The efforts aim to better understand and document the subsurface extensions of the Surprise trend, potentially unlocking further mineral resources for targeted drilling upon resumption of the exploration season in March 2025.

    At the time of reporting, NickelSearch's share price was $0.010.

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