REZ confirms nickel sulphides at Springfield prospect

5th June 2023

By: Tasneem Bulbulia

Senior Contributing Editor Online


Font size: - +

ASX-listed Resources and Energy Group (REZ) has received results from the company’s 2023 opening drilling campaign at the Springfield nickel prospect, with multi-element and precious metal assay results for SFRC016 confirming the hole intersected a significant interval of meta-komatiite hosted nickel sulphides.

Economic-grade komatiite hosted nickel-cobalt results have been announced in drill assays at Springfield.

The target area spans a 3.5 km by 1.5 km ultramafic zone.

There is the potential for opencut operations.

The target falls within REZ’s 100 km2 consolidated and extensive East Menzies tenement position.

“This is a strong indication that REZ has identified a large and shallow nickel deposit with prospects for opencut development. The nickel and gold opportunities within REZ’s Menzies tenements are resulting from the consolidation of 40 to 50 small prospecting holdings into the extensive 100%-owned package we have today.

“This has also opened the way to modern approaches for exploration and the sorts of drill hits we are now enjoying,” says REZ MD and CEO J. Daniel Moore.

The company is awaiting precious metals assays for SFRC017, SFRC018, SFRC019 and SFCR020 in the coming weeks, before planning work begins on the next stage of drilling.

Further drilling will also test the continuity and extensions of the zones of disseminated nickel further west and east of SFRC016. 

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online



DACHSER Intelligent Logistics
DACHSER Intelligent Logistics

Global logistics company DACHSER offers transport logistics, warehousing, contract logistics and industry-specific solutions in two business fields...

Sandvik Mining and Rock Solutions
Sandvik Mining and Rock Solutions

Sandvik Rock Processing products and services provide you maximum value in terms of performance, quality, safety, flexibility and not least total...


Latest Multimedia

sponsored by

Photo of Martin Creamer
ARM, GoldOre, Gautrain make headlines
22nd September 2023
Magazine cover image
Magazine round up | 22 September 2023
22nd September 2023
Resources Watch image
Resources Watch
21st September 2023

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?







sq:0.074 0.111s - 115pq - 2rq
Subscribe Now