resource wrap from egoli
Jubilee Mines NL (JBM) is advised that follow-up diamond drilling at the Anomaly 4 Prospect, located 3.5km south of its Cosmos mining operations, has returned further high-grade massive nickel sulphide results down-plunge from the intersection announced on 19 July 2005. The Anomaly 4 Prospect lies on the same basal contact position that hosts the high-grade massive nickel sulphide mineralisation at Cosmos, Alec Mairs and Prospero. Two follow-up diamond drill holes have now been completed down-plunge of VSD007 and have confirmed the presence of what is developing into a significant zone of high grade massive nickel sulphides. Results from these latest holes are BJD145 1.13 metres @ 17.8% Ni (assays were pending in the ASX announcement of 19 July 2005), and BJD146 2.83 metres @ 15.5% Ni (includes 1.65 metres @ 21% Ni). The drilling to date has defined an 80 metre down plunge extent of extremely high grade nickel sulphide mineralisation. The mineralised zone remains open in all directions.
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