SIR 0.00% $2.52 sirius resources nl

new ann coming, page-27

  1. 1,617 Posts.
    NEW NICKEL DISCOVERY EAST
    OF NOVA
    First drill hole into gravity anomaly
    intersects broad zone of mineralisation
    Sirius Resources NL (ASX:SIR) (“Sirius” or the “Company”) advises that it
    has discovered a thick new zone of sulphide mineralisation located
    approximately 200 metres east of the Nova deposit, which it has today
    named “Bollinger”.
    Hole SFRD0167 has intersected 125 metres of mineralisation so far and
    is still in mineralisation at the time of writing:
    ? 80 metres of mainly disseminated sulphide, followed by;
    ? 28 metres of mainly stringer sulphide, followed by;
    ? 5 metres of mainly massive sulphide, followed by;
    ? 12 metres of matrix, net and breccia sulphide (to the end of
    the hole)
    Although laboratory assays will not be available for some time, the
    mineralisation is visibly similar to that at Nova, with coarse grained
    pentlandite (nickel sulphide) and chalcopyrite (copper sulphide) as
    shown in Figures 1 to 3.
    This hole is located a further 200 metres east of the holes announced on
    25th February (that intersected a sulphide breccia zone thought to be a
    potential feeder zone), and 200 metres southeast of the centre of
    conductor 5. It is open in all directions (see Figures 4 and 5).
 
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