SWP 4.76% 20.0¢ swoop holdings limited

the next fcn, page-3

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    inadvertent confirmation It appears that the mining fraternity have confirmed that which BHP have not yet definitively announced.(but which we are expecting)
    Contained in the STB announcement...

    "STB Managing Director, Liam Cornelius said: “The potential for high grade nickel sulphide deposits to be found in The Bulge is highlighted by the area’s proximity to the Collurabbie discovery only 70km to the north and the Windarra nickel mine 100km to the south.

    “Despite the close proximity to Collurabbie and Windarra, the Duketon belt has received no modern systematic nickel sulphide exploration, as the area is predominately overlain by transported loose rock, which would have hampered previous exploration attempts.

    “The strong coincident of platinum, palladium and gold, together with nickel and copper returned from STB’s ground holding, suggest that Duketon may be an extension of the Collurabbie Belt,” he said.
 
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