16/03/2004 Joint Venture partner, Riverina Resources (RRPL), a wholly owned subsidiary of Gandel Metals, has advised Barra Resources of the final results from the recent Reverse Circulation (RC) drilling programme to test nickel targets at Riverina. RRPL are earning a 70% interest in the Riverina Joint Venture by spending $2 million over 3 years. The drilling program outlined: The presence of an olivine-rich cumulate komatiite, ultramafic rocks often associated with the formation of massive nickel sulphide deposits. The presence of disseminated primary magmatic nickel sulphides (pentlandite) demonstrating the system is mineralised. A deep weathering profile (80 metres vertical depth) resulting in the formation of near surface high-grade oxide nickel mineralisation in the saprolite zone. Hole GNRC 04 intersected 42 metres, from 10 metres depth, grading 1.2% nickel and 590 parts per million (ppm) cobalt. Higher grade intervals included 2 metres @ 2.7% nickel, 7 metres @ 1.9% nickel and 6 metres @ 1.8% nickel. The oxide nickel saprolite mineralisation has a potential strike length of over 1 kilometre. A further four electromagnetic conductors remain untested. Anomalous gold mineralisation was intersected associated with the northern sheared contact zones.
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