Sirius Resources has updated the market on the company's aggressive campaign at the Nova discovery in Western Australia.
Sirius said that two holes have been drilled at conductor 2, which intersected sulphides that do not appear to have significant levels of nickel and copper, based on preliminary XRF analyses.
The analysis suggests that these sulphides contain less than 1% copper and no nickel.
All drilling at Nova has been temporarily suspended due to persistent heavy rainfall and electrical storms, and it is likely to be several days before drilling resumes.
Once drilling resumes it will focus on Nova itself and the IP anomaly extending for 2 kilometres from conductor 5 to conductor 3.
Meanwhile, further holes drilled at Nova have provided the following visual and assay results (all estimated to be true width):
1. 16 metres at 1.66% nickel and 0.64% copper from 340.8 metres, including 4.05 metres at 3.83% nickel and 0.87% copper from 341.4 metres in SFRD0108 on the 550N line at the southern end of the deposit.
2. 84.85 metres of mixed (massive, breccia and strongly disseminated) sulphides from 294.0 metres, including 12.9 metres of massive sulphides from 351.9 metres in SFRD0128, an infill hole on the 650N line - the thickest intersection yet at Nova.
3. 40.4 metres at 2.25% nickel and 1.1% copper from 314.0 metres, including 8.54 metres at 5.24% nickel and 1.01% copper from 341.95 metres and 4.25 metres at 4.76% nickel and 3.1% copper from 348.15 metres in SFRD0113, an infill hole on the 750N line.
A fifth rig is now on site and will continue to rapidly advance the infill, metallurgical and geotechnical drilling at Nova, the exploratory drilling of satellite positions around it, and the corridor stretching from Nova, via the IP anomaly, to conductor 3 once the weather improves.
