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Boadicea Resources upbeat as IGO completes first diamond drill hole at Symons Hill
Boadicea Resources Ltd’s (ASX:BOA) Jon Reynolds caught up with Proactive for a live interview following the news its exploration partner IGO Ltd (ASX:IGO) has provided an update on its exploration activities over Boadicea’s Fraser Range nickel assets.
So far IGO has completed an 809-metre diamond drill hole at Boadicea’s Symons Hill exploration licence as part of a broader campaign to explore the Orion nickel prospect. IGO has also completed 89 aircore drill holes at Symons Hill, with results from this program now pending.
Promisingly, good tenor pyrrhotite-chalcopyrite-pentlandite sulphide indications were observed in the Orion chonolith at Symons Hill, in line with IGO’s interpretation that the mineralised system becomes more prospective towards the northeast.
The miner is also 63% of the way through and moving loop electromagnetic (MLEM) exploration campaign, covering the Symons Hill licence.
Once heritage agreements and surveys are finalised, IGO will conduct more MLEM surveying and aircore drilling across other BOA-owned licences.