The Higginsville Joint Venture is managed by Argonaut Resources NL (80%) with Loded Dog Prospecting and covers exploration licence E15/1489, located in the Eastern Goldfields of Western Australia.
The Higginsville Joint Venture is exploring for gold, nickel and lithium within the Norseman-Wiluna Belt, a belt of ancient rocks endowed with gold, nickel and lithium mineralisation that lies within the broader Yilgarn Craton.
Argonaut has investigated the nickel potential of the Higginsville Project following the high-grade nickel intercepts and developing operations at the nearby Cassini deposit (Figure 1).
Figure 1. Nickel prospects and bedrock geology
The mineralisation model is typical of Kambalda-style komatiitic nickel sulfide deposits, comprising Ni-Cu-PGE ores identified using geochemistry, geophysical and stratigraphic analysis. Published mapping, interpretation of the aeromagnetics and review of existing drill logs shows that an ultramafic trend continues through the Higginsville Joint Venture tenement.
Field mapping and sampling is planned over the outcropping ultramafics with follow-up aircore drilling to assist in identifying priority areas for follow-up geophysical (EM) surveys and deeper drilling.