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IMAGE RESOURCES NL Regulatory Filings 2005
65117_rns_2005-03-02_8a14077b-a85a-47d4-b5b1-f6654a16c17f.pdf
Regulatory Filings
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IMAGE RESOURCES NL
ASX Release 3 March 2005 ASX code: IMA
Drilling Commences at Windarra
vd 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
A programme of RC drilling has begun at Windarra to explore for northern extensions or repetitions of the prospective ultramatic sequence hosting the Windarra nickel deposits. The project comprises five exploration licenses totalling 557sqkm.
A 13 RC hole programme is proposed to test 5 target areas. These targets are based on aeromagnetic, gravity, geological and ground magnetic interpretation completed by Western Areas. Western Areas may earn a 60% interest in the tenements by expenditure of \$2 million over a 4 year period.
Between 1973-1979, the WMC-owned Windarra nickel mines (Mt Windarra and South Windarra) produced 7 million tonnes at 1.6% Ni, containing approximately 113,000 tonnes of nickel metal. In addition, nickel sulphides are known to occur in the nearby Woodline Well area. There is little evidence of previous nickel exploration on the project area.
The information on mineralisation contained in this report accurately reflects the information compiled by Mr George Sakalidis BSc Hons. MAusIMM, 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.