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Enterprise Metals Identifies Nickel/Copper Drill Targets In Fraser Range

Enterprise Metals (ASX: ENT) has uncovered seven induced polarisation chargeable zones that are associated with a coincident nickel-copper anomaly previously discovered at its Plato Prospect in the highly prospective Fraser Range of Western Australia.

The new zones were found in a recently completed induced polarisation survey over the anomaly, which has returned values of up to 147 parts per million (ppm) nickel and 33ppm copper.

Enterprise Metals is interpreting these induced polarisation chargeable zones as being sourced by disseminated nickel-copper sulphides and will be testing this interpretation by drilling in early 2013.

Fraser Range Project

Plato forms part of the Fraser Range Project covering 594 square kilometres located within the well-endowed Albany-Fraser province.

The project is considered prospective for gold and copper-nickel-platinum group elements mineralisation and is situated some 30 kilometres southwest of Sirius Resources (ASX: SIR) Nova nickel-copper discovery.

Comparisons have been drawn to the early soil sampling results by Sirius at its Nova prospect.

Soil sampling at Plato has defined a coherent area of nickel-copper-cobalt anomalism, with individual maximum values of up to 252ppm nickel, 46ppm copper and 32ppm cobalt.

The program also returned 14 samples in excess of 100ppm nickel.

Another plus for Enterprise Metals is that there are several other smaller and more subtle nickel-copper-cobalt soil anomalies to the west of Plato that require further follow up.

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