BlackEarth Minerals (ASX: BEM) Kicks off Airborne Geophysical Survey at Donnelly River Project

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BlackEarth Minerals (ASX: BEM) Kicks off Airborne Geophysical Survey at Donnelly River Project

 BlackEarth Minerals (ASX: BEM) Kicks off Airborne Geophysical Survey at Donnelly River Project

Source: Jason Benz Bennee, Shutterstock

Summary

  • BEM has commenced a regional scale and detailed airborne electromagnetic at its Donnelly River project. 
  • Review of available open file technical data and regional geochemical sampling along public road and rail easements has been recently completed at the project. 
  • BEM has signed strategic graphite supply deals with world-class groups to widen its footprints in the battery commodities market. 

BlackEarth Minerals NL (ASX: BEM) is enjoying continued success while it actively pursues activities at its solid project pipeline.

Taking the exploration up a notch at its Perth based Donnelly River Ni-Cu-PGM (Nickel-Copper-Platinum Group Metals) Project, the Company has reported the commencement of a regional scale, detailed airborne electromagnetic. 

The project is wholly owned by the Company and sits right beside the Thor and Odin Ni-Cu-PGM Prospects that Chalice Gold Mines and Venture Minerals lately discovered at their South West Joint-Venture.

With this backdrop, let us explore what lies ahead for BEM at Donnelly River with the commencement of the survey. 

ALSO READ: Membership in European Battery Alliance Stands BlackEarth Minerals (ASX:BEM) in Good Stead

Key details of the survey 

The Donnelly River Project, though at the initial stages of exploration, has witnessed a range of activities in the past couple of months. Following the encouraging results from a review of available open file technical data, the Company completed regional geochemical sampling along public road and rail easements. 

The Company is now revved up to advance the airborne geophysical survey. It will be undertaken by UTS Geophysics, through the usage of a VTEM Max Time Domain EM system. 

The entire E70/4825, stretched over around 80 square kilometres, would be covered through the survey, flown on 200 metres line spacing totalling 390-line kilometres.

While the survey would offer crucial information across the entire project, the three anomalous magnetic and geochemical trends reported earlier will be the particular focus of the survey. 

BEM’s Geophysical Consultants will assess as well as interpret the survey results, which then would be pursued by additional tailored programs of ground-based exploration activities.

The VTEM plan is the first-ever systematic program for Nickel-Copper- Platinum exploration ever undertaken in the region. 

Within the next four to six weeks, the survey is projected to be completed and results analysed.

ALSO READ: BlackEarth Minerals’ (ASX: BEM) Stage 2 Large Scale Pilot Test Program to Hit the Ground Running

Source: BEM ASX Update, dated 8 March 2021

Way forward at Donnelly River

The planned VTEM activity as well as follow up review work will involve work performed by executives and leading consultants of BEM. They are highly experienced in the development of Nickel-Copper-Platinum projects.

Following the initial review, BlackEarth intends to develop a detailed drill and exploration program, to be undertaken in the second quarter this year. The preliminary results and feedback are expected by mid-2021. 

The significant step forward at the Donnelly River add up to the Company’s ongoing exploration and development ventures, geared towards expanding shareholders’ value. Significantly, BEM signed graphite supply arrangements with US-based Urbix Resources Inc and German Luxcarbon Gmbh and joined European Battery Alliance. The ongoing events seem to grease the wheel of the Company’s progressive initiatives, reinforcing its presence in the accelerating battery commodity market. 

ALSO READ: Why did BlackEarth Minerals’ (ASX:BEM) Shares Zoom up 2X in less than three weeks?

BEM shares closed at $0.115 on 9 March 2021. 

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