Combined surface EM and Gravity geophysical survey completed
Large gravity high defined in central core of Merlin Prospect
Possible source/conduit (feeder)
Multiple EM plates identified or extended
All EM plates coincident with gravity highs
Multiple EM conductors open and unconstrained at depth
all conductors associated with Ni-Cu sulphides
Majority of EM plates plunging towards untested gravity high
Drilling to commence in July
Buxton Resources is pleased to provide an update for its 100% owned nickel-copper-cobalt Merlin project located in the West Kimberley region of Western Australia.
Final Gravity and MLTEM processed data and images have recently been received by Buxton from the surveys commenced 4 weeks ago (see ASX announcement 15th May 2018). Importantly, these data show a significant gravity high located centrally within the core of the Merlin Prospect in addition to new and known EM anomalies. These two data sets show a strong correlation between EM plates known to be associated with magmatic nickel-copper sulphides and high-density rocks (Figure 2). The largest and strongest gravity high is believed to sit below the detection limit of surface EM, gravity inversion modelling is in progress to define the depth and morphology of this central gravity high.