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Bell Rock Range (WA) - Nickel
Subject to access approvals, Integra plans to commence airborne EM surveying over Exploration Licence E69/1654 (Bell Rock Range), where a magnetic / gravity anomaly registering higher intensity than the acclaimed Nebo / Babel deposit has been identified.
Held by BHP Billiton, Nebo / Babel is considered the largest nickel sulphide discovery since the world-class 1994 Voisey’s Bay find in Canada.
Musgrave Province (SA) - Nickel
Integra is finalising a formal joint venture agreement with Mithril Resources Ltd covering Exploration Licence Applications (ELAs) in the Musgrave Province, South Australia.
Mithril Resources has received approval to proceed with an application to traditional landowners for permission to conduct exploration activities on one priority ELA (380/97). Under a joint venture agreement with Integra, Mithril holds an option to earn up to 80% equity in Integra’s South Australian Musgrave holdings, by spending $5 million on exploration.
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Integra holds several Exploration Licences and applications in the West Musgrave Province, which straddles the Western Australian, South Australian and Northern Territory borders.
The tenements, some wholly-owned and others held in a joint venture with Mithril Resources Ltd, are considered highly prospective for Voisey’s Bay and Norilsk-style nickel and/or Platinum Group Element (PGE) mineralisation.
Integra estimates initial exploration programs totaling ~$15 million and including airborne and ground geophysical surveys plus follow-up drilling, are essential to determine the mineralisation potential of its holdings.
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