ScandiVanadium conducts high-tech exploration at Pascalle

By Trevor Hoey. Published at Jul 27, 2020, in Mining

ScandiVanadium Limited (ASX: SVD) will commence a high-resolution helicopter electro-magnetic and magnetic survey over the company’s 100% owned Pascalle Gold Project in Western Australia on 15 August, 2020.

The company completed the acquisition of the Pascalle Gold Project and Gnama Nickel Project in Western Australia just last week, and management is quickly into stride with its exploration program.

Given the group’s swiftness in moving to exploration and management’s decision to employ high-tech surveying equipment, investors should view the upcoming activity most favourably, particularly given the gold price is at record levels.

This is reflected in the performance of the company’s shares in the last two months as they have soared more than 200%.

The surveying system to be used is the same as was involved in Rio Tinto’s discovery of the Winu copper-gold project, also located in the Paterson province of Western Australia.

This system will be vital in planning the group’s maiden drilling campaign in the second half of 2020.

SVD intends to commence phased exploration over the Pascalle Gold Project as shown below, starting with the mobilisation of a high-resolution electro-magnetic survey.

3D modelling paves the way for maiden drill program

Conductivity data collected by electromagnetic surveying will complement existing geophysical datasets including magnetic survey data and the high-resolution FalconTM Gravity data uncovered during due diligence.

Detailed geophysical surveying will allow three-dimensional modelling of targeted anomalies, enabling the design of a maiden drill program which is expected to commence during the second half of 2020.

Highlighting the speed in which SVD has been able to commence exploration managing director, David Minchin, said “We are excited to be able to hit the ground running with mobilisation of a high-resolution geophysical survey so soon after completing the acquisition of Pascalle Gold and Gnama Nickel Projects.

‘’The system selected is the same as was involved in Rio Tinto’s discovery of Winu and will be vital in the planning of our maiden drilling campaign in H2 2020.

‘’We are pleased to have secured the highly sought after contractor in a tight market given the increased activity in the Paterson’s for airborne surveys.”

NRG provides exploration edge

As a backdrop, SVD engaged NRG Australia to complete a high-resolution helicopter-borne time-domain electromagnetic & magnetic XciteTM survey at Telfer in Western Australia.

XciteTM offers higher resolution and effective signal to noise from its 18 metre loop than is available from other Helicopter TEM systems.

When compared to all other AEM technologies available on the market today, XciteTM is uniquely qualified and is unparalleled in its abilities.

From a technical perspective, it is the only system that offers early time (near-surface) resolution due to its very fast transmitter pulse turn-off speed, coupled with late time (deep penetrating) performance in a single pulse waveform.

The streaming data provides an along line resolution of approximately 500 centimetres with uninterrupted ‘soundings’ from near-surface to investigate at depths of more than 300 metres, levels that normally require access via diamond drilling.

No other AEM system can offer this level of resolution laterally and vertically.

Conductivity data collected in the current HEM survey will complement existing geophysical datasets including high-resolution FalconTM Gravity data allowing for increased geological confidence in targets identified on the Pascalle tenement.

View Our Investment Portfolios

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why is Australia’s leading small cap publication

Founded seven years ago, is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise. provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more. is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!