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Si6 to explore new nickel-copper-silver ground in Botswana


An Si6 Metals drill-chip tray including the top part of 9m intercept at 1.54 per cent copper and 82g/t silver from 45m. Credit: File

Si6 Metals (ASX: SI6) has increased its tenement area in the Limpopo Mobile Belt in Botswana by 45 per cent to a total of 2868 square kilometres after being granted a new 903sq-km prospecting licence.


The newly-granted ground in the South African country sits 7km south of the company’s high-grade copper-silver projects at Airstrip and Dibete and the Maibele North nickel-copper-cobalt play.


Recent drilling at Dibete produced a best supergene zone intercept of 6.15m at 7.2 per cent copper and 182 grams per tonne silver from 24.85m including 0.5m running 10.8 per cent copper and 281g/t silver and a further 1m going 13 per cent copper and 168g/t silver. The longest highlighted intercept reported from Dibete was 25m at 2.17 per cent copper and 77g/t silver from 27m.


The Maibele North nickel-copper-cobalt-platinum group elements (PGE) resource lies next to Airstrip and just 6km west of Dibete. The company’s portfolio includes three joint venture (JV) licenses with BCL covering 142sq km, of which Si6 holds 66 per cent.


The Selebi Phikwe nickel-copper mine and processing facility, part-owned by Premium Nickel Resources and BCL, lies just 10km west of Si6’s new ground, which the company see as similar in prospectivity to Selebi for copper and nickel, in addition to gold and silver.


Selebi’s mine and processing facility, which has been on care and maintenance since 2016, comprises infrastructure including a concentrator, smelter, railway, dams and tailings dumps. It opened in 1980 and closed after 36 years of mining and processing 26.6 million tonnes grading 0.58 per cent nickel and 1.03 per cent copper.


The project area hosts a resource of 2.4 million tonnes at a grade 0.72 per cent nickel and 0.21 per copper, with accompanying PGE, silver and gold.


Si6 is now planning to design a reconnaissance program for its new licence area as part of a strategic review for its entire strategic minerals and metals portfolio that also includes its Monument gold project in Western Australia.


Is your ASX-listed company doing something interesting? Contact: office@bullsnbears.com.au

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