Commencement of Airborne Geophysical Survey at Donnelly River

BlackEarth Minerals

Highlights:

  • The survey will be undertaken by UTS Geophysics using a VTEM Max Time Domain EM system (Figure 1)

  • The survey will cover the entirety of E70/4825 (~80km2 ) and will be flown on 200m line spacing for a total of 390-line kilometres.

  • The survey will provide key information across the entire project with particular interest focused on the 3 anomalous magnetic and geochemical trends previously reported (see ASX announcement dated 27 January 2021).

  • The results of the survey will then be assessed and interpreted by the company’s Geophysical Consultants followed by further tailored programs of ground-based exploration activities.

  • The VTEM plan is a first time systematic program of exploration for Nickel-Copper- Platinum in this region

  • The Company anticipates the survey can be completed and results analysed within the next 4-6 weeks

BlackEarth Minerals NL (ASX: BEM) (“BlackEarth”, the “Company”), a company specialising in critical commodities, is pleased to announce the commencement of a regional scale, detailed airborne electromagnetic (AEM) at its 100% owned Donnelly River Nickel-Copper-Platinum Group Metals (Ni-Cu-PGM) Project located 240km south of Perth, Western Australia.

The Donnelly River Project is situated immediately adjoining the Thor and Odin Ni-Cu-PGM Prospects, recently identified by Chalice Gold Mines and Venture Minerals at their South West JV.

/Public Release.