Botswana – Maibele
The Maibele Project in Botswana is a nickel sulphide deposit related to ultramafic intrusions within mobile belt rocks and is broadly similar in style to other ultramafic intrusion-related mobile belt projects such as Nova-Bollinger (ASX:IGO), Julimar (ASX:CHN) and the globally significant Thompson Belt in Canada. These styles of nickel deposit are typified by a suite of associated metals that often include nickel, copper, cobalt and platinum group elements, all of which are present at the Maibele resource. The Maibele project currently hosts a resource of 2.4Mt @ 0.72% Ni and 0.21% Cu + PGMs + Co + Au.
The Company’s portfolio contains an advanced Ni-Cu-Co-PGE resource at Maibele North and drilled high-grade Cu-Ag discoveries at Airstrip and Dibete that are in joint venture with BCL Limited (BCL), which has been in liquidation for several years. The joint venture tenements are controlled 60% by Si6 and 40% by BCL.
Si6 also has secondary exploration targets for pegmatite-hosted minerlisation and other commodities including rare earths and gold. The portfolio contains Archean cratonic rocks as well as re-worked Archean rocks and has been shown to contain evidence of pegmatite dykes throughout. The Company’s portfolio abuts the Zimbabwe border where the same belt of Archean geology hosts one of the world’s largest lithium pegmatite mines at Bikita.
Location of Si6’s Botswanan project