NickelSearch Limited

via Mining.com.au NickelSearch Limited has launched reverse circulation #drilling at the recently acquired Mt Isa North Project in a program poised to take two weeks, with results expected in the new year. The Surprise copper prospect within the project has historical drill intercepts identifying thick, ‘high-grade’ #copper mineralisation and is the first to be drill tested by #NIS. READ more ➡️ https://loom.ly/FwZ6t3c #ASX #MiningNews #exploration Mark Connelly

#ASXNews Drilling Underway at Surprise Copper Prospect NickelSearch Limited is pleased to announce that it has commenced RC drilling at the recently acquired Mt Isa North Project. • A 1,500m Reverse circulation (RC) #drilling program has commenced at the Surprise #Copper Prospect on the Mt Isa North Copper-#Uranium Project in NW Queensland. • The drilling intends to validate and extend existing mineralisation identified at the Surprise Copper Prospect, which includes historical drilling intercepts such as: - 23.8m @ 4.67% Cu from 51.2m inc. 12.8m @ 7.77% Cu from 62.2m (SH30) #NIS Chief Executive Officer, Johan Lambrechts, commented: "NickelSearch is embarking on a new and exciting journey of exploration, and we are thrilled to have our investors along for the ride as we hunt for the "red metal" in Queensland. NickelSearch has a "laser" focus on exploring the potential of this newly acquired project suite and to build opportunity for our investors. "Our maiden drill program at the Surprise Copper Prospect aims to validate historical drilling and extend known mineralisation. It will form the basis of future activities at Surprise as we plan to build something meaningful there. The greater project suite includes several additional and exciting copper prospects, which we will explore in conjunction with our main targets and priorities. "We also have strong uranium prospects in the region, but for the near term, we will focus on advancing the copper prospects and our shareholder value.” See the full announcement: https://loom.ly/VZb8Psg #NickelSearch #ASX #MiningNews #exploration

#ASXNews NickelSearch Limited is pleased to present its Quarterly Activities Report for the quarter ended 30 September 2024. Mt Isa North Copper-Uranium Project-- • Entered into a binding agreement to acquire a 100% interest in the Mt Isa North Project comprising highly #prospective exploration permits located less than 10km along strike of Glencore’s Mt Isa Mining and Processing Complex and covering 2,003km2. (Transaction completed post quarter end.) • Historical results from the Surprise mine within the #acquired package include 23.77m @ 4.67% Cu from 51m and 3.66m @ 9.53% Cu from 22m. • #NIS rock chip results include 24.8% Cu + 1.23g/t Au at Surprise and 30.0% Cu + 64.7g/t Ag at Moonside, a newly defined and undrilled prospect. Carlingup Lithium-Nickel Project-- o Flora and Fauna survey conducted to support Program of Work (POW) at Quarry and Quarry North #Lithium Prospects. Corporate-- • Johan Lambrechts was appointed as CEO post quarter end. • Placement to raise ~$0.56M via a strategic placement strongly supported by high net worth investors, family offices and dedicated resource funds.  • Post quarter end, the Company completed a fully underwritten Non-Renounceable Entitlements Offer on the basis of two (2) New Shares for every three (3) Shares held, raising ~$2.1M. #NIS’ Executive Chair, Mark Connelly, commented: “The September quarter was pivotal for the Company as we brought on the Mt Isa North Copper-Uranium Project in Queensland to complement the Carlingup Lithium-Nickel Project in WA. “With the transaction now closed, we are looking forward to ramping up exploration across both key assets.” VIEW Full Report: https://loom.ly/GvOFSyw #ASX #NickelSearch #Copper #Uranium

NickelSearch Limited has completed the acquisition of a 100% interest in the Mt Isa North Copper and Uranium Project comprising highly prospective exploration permits covering 2,003km2 in the Mt Isa region in Northwest Queensland, Australia. #NIS is now well funded to commence undertaking exploration activities at Mt Isa North Project with 1,500m reverse circulation (RC) #drilling campaign at the high-grade Surprise Cu-Au-Ag prospect, planned for Q4-CY24, subject to all approvals being received. VIEW Announcement: https://loom.ly/rF10ajk #NickelSearch #MiningAustralia

#ASXNews NickelSearch Limited is pleased to announce that it has successfully: • Completed the acquisition of all the issued capital in Capella Metals Limited (Capella) (Capella Acquisition). Capella holds a 100% legal and beneficial interest in one granted exploration permit, EPM 28620, and three #exploration permit applications, being EPM 28791, EPM 28792 and EPM 28793 (together, the Capella Tenements); and • Exercised the option (Bacchus Option) with Bacchus Resources Pty Ltd (Bacchus) and subsequently completed the acquisition of a 100% legal and beneficial interest in the five granted exploration permits, being EPM 26987, EPM 27570, EPM 27947, EPM 27439 and EPM 28297 (together, the Bacchus Tenements) (Bacchus Acquisition). - NIS has completed the acquisition of a 100% interest in the Mt Isa North #Copper and #Uranium Project comprising highly prospective exploration permits covering 2,003km² in the Mt Isa region in Northwest Queensland, Australia. - The fully underwritten pro rata non-renounceable entitlements offer to raise $2.1 million has completed. - In accordance with the Capella Acquisition Agreement, NIS has appointed Bruno Seneque and Richard Maddocks to the Board of the Company as Non-Executive Directors with effect from today. - NIS is now well funded to commence undertaking exploration activities at Mt Isa North Project with 1,500m reverse circulation (RC) #drilling campaign at the high-grade Surprise Cu-Au-Ag prospect, planned for Q4-CY24, subject to all approvals being received. #NIS’ Non-Executive Chairman, Mark Connelly, commented: “The completion of the acquisitions, the strong support for the Entitlement Offer and the recent appointment of Johan Lambrechts to lead the Company marks a pivotal period for NIS. “We have a healthy balance sheet, exciting exploration prospects and an enthusiastic Board and management team in place to deliver value for NIS shareholders.” View the announcement: https://loom.ly/rF10ajk

#ASXNews GEOLOGIST WITH EXTENSIVE MT ISA EXPERIENCE APPOINTED AS CEO NickelSearch Limited is pleased to announce the appointment of Mr Johan Lambrechts as Chief Executive Officer (CEO) of the Company, effective immediately. ▪ NIS appoints experienced geologist, Johan Lambrechts, as Chief Executive Officer ▪ Mr Lambrechts has over 20 years’ experience in the various senior management roles within the mining industry focused on base metal and gold exploration ▪ Mr Lambrechts brings key experience over many years working in the Mt Isa region, including five years working for Glencore at the world class George Fisher Zn-Pb-Ag Mine ▪ Maiden 1,500m reverse circulation #drilling program at the Surprise Cu-Au-Ag Prospect within the Mt Isa North Project to commence in coming weeks, subject to all approvals being received ▪ NIS full funded to explore the Mt Isa North with ~$4.0 million in cash reserves #NIS’ Executive Chairman, Mark Connelly, commented: “We look forward to Johan settling into the CEO role and taking the reins in the upcoming field programs, including drilling at the Surprise copper-gold prospect, at Mt Isa North. NIS will communicate to stakeholders on this progress on a regular basis. “The Mt Isa North Copper-Uranium Project contains several high priority targets that we will look to progress over the coming months. At Carlingup, we are proceeding with the Program of Works application to allow lithium drilling at the Quarry North prospect in early 2025, subject to approvals.” See the full announcement: https://loom.ly/k3HOdmc #NickelSearch #MiningNews #ASX #copper #gold #silver

NickelSearch Limited's Surprise Mine at Mt Isa North recently returned grab samples of high-grade copper assays ranging from 11.3 % to 24.8 % Cu, with anomalous gold ranging from 0.21 g/t to 1.23 g/t Au. #NIS's forward work program at Surprise for the remainder of CY2024 includes: ➖ Continued mapping and sampling of the 2.5km Surprise trend. ➖1,500m RC drilling program at the Surprise Prospect to validate the historical drilling, expand known mineralisation and test for by-product credits (such as gold and silver). ➖Project wide geophysical surveys (such as IP and detailed gravity and magnetics) to refine existing and generate new targets including at depth and along strike of the existing workings. #NickelSearch #Drilling #Copper

via Grafa NickelSearch Limited Identifies Extensive Copper Mineralisation In Mt Isa North Exploration The #exploration has unearthed #copper presence from unsampled adits at Moonside, with assays showing up to 30.0% Cu and 64.7g/t Ag. Read more➡️ https://loom.ly/_Onph0w

#ASXNews FURTHER VISIBLE COPPER OCCURRENCES AT MT ISA NORTH NickelSearch Limited is pleased to announce an update in relation to the Company’s recent reconnaissance exploration activities at the soon to be acquired Mt Isa North Project. ➖Reconnaissance exploration on #NIS soon to be acquired Mt Isa North Project (Mt Isa North), has identified visible copper mineralisation from two unsampled adits at Moonside located within 100m of previous results from due diligence sampling including: 🔸30.0% Cu & 64.7g/t Ag (CCR001B) 🔸3.12% Cu & 6g/t Ag (CCR001A) ➖An outcropping copper occurrence has been identified at the Conglomerate Creek prospect where historical exploration work generated a large-scale stream sediment anomaly above 100 ppm Cu (peak 1,600 ppm Cu), extending for 6km in a NNW trend, paralleling major structures observed in regional magnetic surveys. ➖Several calcareous siltstones and carbonaceous mudstone outcrops identified within Eastern Creek Volcanics suggesting suitable host rocks at play for Mt Isa style Cu-Cu or Zn-Pb deposits within the broader Conglomerate Creek prospect. ➖Rock chip, float and grab samples submitted for further analysis and multi-element geochemistry with results expected in 4-6 weeks. ➖The recently identified Moonside prospect has been subject to no modern exploration. Conglomerate Creek has no drillholes and limited geophysics to advance the 6km stream sediment anomaly. ➖NIS is targeting a 1,500m reverse circulation (RC) drilling campaign at Surprise in Q4-CY24, with discussions advancing with drill contractors and confirmation of appropriate stakeholder clearances. NIS intends to validate and extend existing mineralisation identified at Surprise Mine, including; 🔸23.8m @ 4.67% Cu from 51.2m inc. 12.8m @ 7.77% Cu from 62.2m (SH30), Executive Chair, Mark Connelly, commented: “We are more impressed everyday with Mt Isa North, which continues to deliver encouraging exploration results that validate significant discovery potential. The fact that only limited exploration has occurred over this prime tenure located next to multiple tier-1 base and precious metals mines and mineral resources is amazing and an excellent opportunity for NickelSearch. “We are looking forward to commencing our maiden drilling program at the high-grade Surprise Copper Mine in this quarter with the aim of validating historical drilling and extending known mineralisation. With the Mt Isa North transaction expected to close next week, NickelSearch will be fully funded to explore and be in a position to deliver consistent newsflow between our Mt Isa North and Carlingup exploration hubs”. VIEW the full Announcement below or ➡️ https://loom.ly/YZg80JE #NickelSearch #Copper #MiningNews

via Grafa NickelSearch Limited RAISES $2.1M, EXPANDS EXPLORATION PLANS FOR MT ISA NORTH AND CARLINGUP PROJECTS Read the article ➡️ https://loom.ly/hOsG16g #NIS #ASX #copper #uranium