Western Australia

Alliance has two projects in Western Australia’s Eastern Goldfields which are prospective for nickel-copper-gold (Figure 1).

Project Locations
Figure 1: Project Locations

Nepean South

E15/1483 is located 26 km southwest of Coolgardie. The tenement captures approximately 14 km of ultramafics interpreted to be the southern extension of the sequence hosting the Nepean nickel (Ni) sulphide mine (>30 Kt Ni, now closed). The northern tenement boundary is located 900m from the Nepean mine.

The area has been selected on the basis of encouraging Ni intercepts from previous rotary air blast (RAB) drilling.

Alliance plans to review the existing geological and geophysical data, conduct a further geophysical survey in the vicinity of previous Mincor drill holes NRB067 and NRB077, and if warranted, drill testing of targets for massive Ni sulphides (Figure 2).

Nepean South ELA
Figure 2: Nepean South ELA. Background image is airborne magnetics

Gundockerta South

E28/2572 is located 72 km east of Kalgoorlie. The application captures approximately 10 km of Geological Survey of Western Australia (GSWA) interpreted bedrock ultramafics and the northern tenement boundary is located 2.8 km along strike from the Lake Yindarlgooda Ni sulphide prospect.

The area has been selected on the basis of encouraging nickel and copper anomalism from previous RAB drilling and the presence of cumulate textured ultramafics.

Alliance plans to conduct a further geophysical survey along the ultramafic channel in the vicinity of previous CRAE drill hole 94GRD014, and if warranted, drill testing of targets for massive Ni sulphides. In addition, Alliance considers the area in the vicinity of the Aruma drill hole to be worthy of further investigation in light of the GSWA mapping showing peridotite in the area (Figure 3).
 
Refer to ASX announcement dated 25 November 2015 for further details and competent person’s consent.

Gundockerta South ELA
Figure 3: Gundockerta South ELA. Background image is airborne magnetics