SGC congratulates Asian Battery Metals PLC (ASX: AZ9) on their discovery of copper-nickel sulphide mineralisation at their 100% owned Oval Prospect in the Gobi-Altai region of Mongolia. This discovery represents a new style of deposit for the region.
We are currently analysing and processing phase-2 DHEM data to determine the nature, extent, location, and orientation of offhole anomalies observed in the raw data. Our team has modelled several plates based on down-hole electromagnetic surveys for drill holes OVD002, OVD007, OVD013, OVD018, OVD021, and SC03. The finalisation of these plates, through correlation with geological and geophysical information, is ongoing.
We look forward to providing further support as they continue their exploration at the Oval Prospect.
Read full announcement – https://asianbatterymetals.com/outstanding-copper-nickel-discovery/
Phase-1 DHEM plate on TMI at 230-240 metres below surface.