Clinker Hill Nickel Project
The Clinker Hill Project consists of 19 Prospecting Licences covering an area of 2,700 hectares located 35 kilometres east south east of Kalgoorlie between the Trans Australia Railway line in the south and the historic gold mining centre of Bulong in the north.
The Clinker Hill Project is located in a favourable geological setting on the western margin of the Bulong Ultramafic complex. The historic gold mining centre of Bulong is to the north of the project, the Blair nickel mine is 10 kilometres to the west and the Carnilya Hill nickel mine is 20 kilometres to the south.
The Kambalda nickel mines are 40 kilometres south south west of the project area where some 1.2 million tonnes of nickel have been produced which would equate to over $33 billion dollars at today’s nickel price of US$12.70 per pound.
Kalgoorlie-Boulder Resources has already identified coincident nickel and gold anomalies on the project. Recent results show a significant 700ppm nickel anomaly that measures 900 metres by 100 metres in a possibly favourable embayment in the basal contact.
The Company considers these results to be highly significant as they demonstrate the strong potential for nickel sulphide mineralisation at Clinker Hill.