Short Term Trading Week Starting: 23 Nov, page-257

First 257 Last

Share
Profile

Follow
buffette

333 Posts.

26/11/15

12:45

Post #: 16483579
Share

Originally posted by Freehold ↑

MPJ - Preopen ALert

November 26, 2015

Multiple thick zones of nickel sulphides intersected in new area at Talc Lake

Drilling highlights potential for significant new discovery in previously untested ultramafic unit east of recent results: spot readings to 7% nickel from portable XRF

Key Points

Broad zones of nickel-bearing sulphides intersected in a previously untested ultramafic contact at the Talc Lake prospect, part of the Roe Hills Nickel Project near Kambalda  Two holes, RHDD0026 and RHDD0027, drilled 600m apart, both returned broad zones of nickelbearing sulphides with spot readings to 7% nickel from portable Niton XRF – assays pending  One hole completed to test regolith geochemical anomalism at the Hooton prospect:
o RHDD0025 intersected coarse blebby nickel sulphides in the Western Ultramafic (WUM) at Hooton;
o Spot readings to 0.5% Nickel confirmed with portable XRF – Assays pending  One hole completed to test MLEM conductor and deep ultramafic west of Talc Lake:
o RHDD0024 traversed a sequence of mafic volcanics – targets remain unexplained  DHEM surveys to commence within the next few weeks  Rig has commenced drilling to test the previously reported priority DHEM target situated downplunge of hole RHDD0023, which intersected a narrow nickel-bearing  Rig then scheduled to move to Narrow Neck/ROE2/ROE1 to test priority MLEM/FLEM conductors

Expand

Freehold ...do you have any thoughts on EXM? Lots of chatter and buying today,with Alexander Stanislas Bajada as Executive Chairman...another shell in the making?
Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Trump is President Again: What Does This Mean for Crypto?

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint