Jubilee Mines (JBM) is to commence a 4-hole, 2,000m diamond-drilling programme at the Gossan Zone within the next week. The drilling will target the depth and strike extensions to high-grade nickel sulphides intersected by previous drilling. The high-grade intercepts include 2m at 6.20% Ni, 1.78% Cu, 2.17g/t Pt+Pd from 338m and 2m at 2.63% Ni, 1.05% Cu, 4.19g/t Pt+Pd from 345.5m in drill hole ELD15 and 0.28m at 6.66% Ni, 0.65g/t Pt+Pd from 337m in drill hole ELD16. The south-plunging trend hosting this mineralised ultramafic contact remains open at depth.
JBM Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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