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IMAGE RESOURCES NL — Regulatory Filings 2004
Jul 8, 2004
65117_rns_2004-07-08_1c4e83e2-0fc8-49c0-885f-18d6160d643f.pdf
Regulatory Filings
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ASX Release 9 July 2004
ASX code: IMA
MORE NICKEL INTERSECTIONS
AND EM TARGETS AT EMU LAKE
IMAGE RESOURCES NL Floor, 35 Outram St West Perth WA 6005
PO Box 644 West Perth WA 6872 Telephone 08 9485 2410 Facsimile 08 9485 2840 [email protected] www.imageres.com.au
ABN 57 063 977 579
Image Resources is pleased to advise results from the recent wide-spaced drilling programme at its 30%-owned Emu Lake nickel project (Jubilee 60% and Skryne Hill Pty Ltd 10%) 70km northeast of Kalgoorlie, WA.
Diamond drilling around a previous high-grade intercept of 2m at 6.20% Ni and 1.78% Cu in drill hole ELD 15 has confirmed the presence of widespread nickel sulphides over a 150m strike length at the Gossan Zone at depths ranging from 200m to 350m below surface. The recent sixhole diamond drilling programme was designed to test both down-hole electromagnetic targets and the interpreted plunge orientation of the mineralisation.
Significant drill intercepts include:
| Hole No. | Collar | Dip | Azimuth 2 | From | То | Interval | Nì | Cu | |
|---|---|---|---|---|---|---|---|---|---|
| Coordinates 1 | m | m | m | % | % | ||||
| Northing | Easting | ||||||||
| ELD 16 | 48600 | 50360 | -56 | 230 | 377.07 | 377.35 | 0.28 | 6.66 | 0.24 |
| ELD 17 | 48626 | 50297 | -58 | 230 | 269.50 | 269.81 | 0.31 | 1.11 | 0.14 |
| ELD 18 | 48667 | 50330 | -55 | 230 | 302.57 | 303.65 | 1.08 | 1.52 | 0.20 |
| includes | 302.57 | 302.68 | 0.11 | 3.95 | 0.18 | ||||
| ELD 21 | 48546 | 50329 | -60 | 230 | 366.50 | 366.65 | 0.15 | 7.54 | 0.11 |
| Lineal Arist | 2 monuntic bondan | Note: DCE seesue ust to be received |
local grid magnetic bearing Note: PGE assays yet to be received.
These intersections comprise massive nickel sulphide and stringers at or close to the main Subsequent down-hole EM surveys have identified several off-hole ultramafic contact. conductors that are interpreted to lie internal to the zone drilled to date and probably represent zones of local thickening of the massive sulphides. It is significant to note that the massive sulphide lenses comprising the orebodies at the nearby Silver Swan mine can be complex and irregular in shape, often requiring a high drilling density to define them. Owing to the relatively wide-spaced drilling pattern at the Gossan Zone, the geometry of the sulphide mineralisation remains to be determined by further drilling. Further down-hole EM surveys are planned in five recently completed RC holes adjacent to the Gossan Zone.
The results to date indicate that a strong mineralised nickel sulphide system is present at the Gossan Zone and that the wider Emu Lake project remains highly prospective.
For more information on the company visit www.imageres.com.au
Please direct enquiries to: Roger Thomson Managing Director Phone (08) 9485 2410 Mob 0419 969 183
George Sakalidis Executive Director - Exploration Phone (08) 9485 2410 Mob 0411 640 337
The information on mineralisation contained in this report accurately reflects the information compiled by Mr Roger Thomson BSc. MAusIMM, MAIG, who is a competent person (as defined by the Australasian Code of Reporting of Identified Mineral Resources and Ore Reserves) with relevant experience in relation to such mineralisation.