Louisa (Apollo 100%) (Nickel-Copper)
The Louisa nickel sulphide project is situated in the King Leopold mobile belt of the southern Kimberley region of WA, in a geological setting similar to the Fraser Range belt. The property covers aeromagnetic features considered to represent primitive mafic to ultramafic intrusive bodies, most of which have received no previous exploration.
Heritage surveys to allow field access are planned for the second half of 2018 ahead of initial field work. The surveys will aim to categorise the intrusions and assess their potential to host magmatic nickel-copper mineralisation. The Company notes increased nickel exploration activity in the Kimberley region, as well as planned recommencement of mining at the Savannah Ni-Cu project (ASX-PAN) in the nearby Halls Creek Mobile Zone.