{"id":1176266,"date":"2020-04-06T08:30:36","date_gmt":"2020-04-06T13:30:36","guid":{"rendered":"https:\/\/www.mining.com\/?p=1019351"},"modified":"2020-04-06T08:30:36","modified_gmt":"2020-04-06T13:30:36","slug":"macarthur-minerals-gets-government-grant-to-drill-at-lake-giles","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1176266","title":{"rendered":"Macarthur Minerals gets government grant to drill at Lake Giles"},"content":{"rendered":"<p>The Western Australian Government awarded Macarthur Minerals (TSX-V: MMS, ASX: MIO) an $85,000-grant to help finance a diamond drill hole at its Moonshine North nickel prospect, located within its Lake Giles iron ore project.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>The grant was provided under the Exploration Incentive Scheme administered by the Department of Mines, Industry Regulation and Safety and offers up to 50% contribution to drilling costs.<\/p>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p>The prospect is located 150 kilometres northwest of Kalgoorlie in Western Australia<\/p>\n<\/blockquote>\n<\/figure>\n<p>According to Macarthur, deep drilling is planned, targeting two prospective nickel targets, namely, a ~20,000 Siemens plate conductor geophysical anomaly, and an anomalous nickel horizon found in a nearby drill hole close to surface. This hole intersected 19m @ 1% Ni from 8 metres to 27 metres, including 1m @ 1.42% Ni from 13 metres.<\/p>\n<p>&#8220;This is uniquely high in nickel concentration in comparison to subsequent drill hole data,&#8221;\u00a0the miner said in a media statement. &#8220;The elevated nickel values are within the weathered zone and may be classified through different theoretical explanations. One being that the mineralised zone is related to a stratabound magmatic sulphide source (secondary dispersion from a primary massive sulphide source), the other being a lateritic supergene deposit i.e., a secondary by-product of chemical weathering producing a concentration of nickel within the saprolite regolith zone.&#8221;<\/p>\n<p>The Moonshine North nickel prospect covers part of the Yerilgee Archean Greenstone belt within the Yilgarn craton. The geology consists of volcanic sequences mainly consisting of high-magnesium basalts, komatiitic and ultramafic flows with numerous interflow banded iron formations.\u00a0<\/p>\n<p>The ultramafic rocks at Lake Giles are considered of Kambalda komatiite type. The extensive komatiite sequences of thick olivine cumulate flow units and felsic-intermediate volcanism indicates that the area fits a regional geological criterion for hosting komatiite nickel sulphide deposits such as those existing nickel mines within the Kalgoorlie Terrane.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Toowong-based company wants to explore the Moonshine North nickel prospect.<\/p>\n","protected":false},"author":92,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1176266"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/92"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1176266"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1176266\/revisions"}],"predecessor-version":[{"id":1176267,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1176266\/revisions\/1176267"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1176266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1176266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1176266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}