Mincor Resources bullish on Kambalda drill results
Mincor Resources boss David Southam says recent high-grade drill results between its Long and Durkin North mines provide increased opportunity to extend the five-year minelife of its Kambalda nickel operations. The company on Monday reported significant intersections of nickel immediately alongside its Long mine and close to recently installed underground infrastructure.
Mincor said two diamond drill rigs would continue operating in the area with the company targeting an initial mineral resource late in the June quarter. Mr Southam said the definition of a seemingly large and high-grade new mineralised surface in such close proximity to existing mining activities at Long and Durkin North represented an outstanding opportunity for Mincor to drive growth and mine-life extensions.
He said the results also supported Mincor’s strategy of combining the Long and Durkin North infrastructure to unlock the potential of the previously untested zones between the two mines. Mincor acquired Long from IGO in 2019 linking the mine with its existing Kambalda tenure for the first time since Western Mining Corporation split up its nickel empire in the region at the turn of the century.
The company is focused on delivering first nickel concentrate from its restarted Kambalda operations in the June quarter after sending its first ore to BHP’s Nickel West concentrator in February under an offtake agreement.