(MENAFN - ProactiveInvestors - Australia) Global Metals Exploration (ASX: GXN) has discovered a zone of nickel and copper enrichment from its phase one drilling program at the Mt Venn project in Western Australia.
Mineralised zones of copper up to 0.29% and nickel of up to 0.089% were intersected in a differentiated sill.
The company had drilled five reverse circulation holes were drilled to test four geophysical anomalies, three of which were located in the Mt. Venn Gabbro Complex.
This will now be followed by the second phase of drilling into a target generated during recent desktop analysis of the historic data from Helix Resources (ASX: HLX), which shows a 1.5 kilometre long soil anomaly containing up to 2,000ppm copper.
This is adjacent to a 850 metre-long VTEM anomaly.
Global will use air core drilling rather than reverse circulation drilling initially due to the size of the anomaly and will follow up with reverse circulation drilling if warranted.
The company is also poised to carry out a large scale Heritage Survey over a large number of gold anomalies identified by soil sampling at the Jutson Rocks prospect.