Finland! :)
20, Tuesday, 26 July 2005
Sydney - Tuesday - July 26: (RWE Australian Business News) -
Vulcan Resources Ltd (VCN) reports further success from its nickel
drilling program in Finland, just days after announcing massive sulphide
hits at the company's Peura-aho project.
Vulcan has hit wide nickel-platinum-palladium sulphide at its
Hietaharju project located just six kilometres south of Peura-aho.
The Company is implementing its strategy of applying Australian
geological models and discovery expertise to "Australian style" nickel
deposits within the Kuhmo-Suomussalmi greenstone belt with positive
results.
The hits are at shallow depths and include multiple zones of
massive sulphide.
Results from the first four of ten holes drilled have been
received with the best being HIE 7 showing 17.8 metres from 63 metres at
1.33% nickel, 0.6% copper and 1.9 g/t Pt + Pd including: 1.5 metres at
2.8% nickel, 1.2% copper, and 1.6 g/t Pt + Pd 2.0 metres at 2.0% nickel,
0.7% copper, and 1.8 g/t Pt + Pd 2.1 metres at 1.6% nickel, 1.3% copper,
and 3.0 g/t Pt + Pd.
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