The company has made a nickel oxide discovery at Quicksilver, in Western Australia’s Wheatbelt, but commissioned consultants Newexco to conduct the survey to determine the potential for sulphides at depth.
The survey identified four anomalies, including one which is consistent with a massive sulphide bedrock conductor and is considered high-priority due to the strong nature of the geophysical response.
The anomaly is over 500m long with the top around 100m below surface.
Two of the conductors have already returned grades of more than 2% nickel in the oxide zone above, or adjacent to the anomalies.
Golden Mile is hoping to drill the anomalies next month.