The regional RC and AC programmes were designed as a first-pass “reconnaissance” test of several magnetic high anomalies which extend along 10km of strike from the historic high-grade Nepean nickel mine. Standout results include the following intersections:1• 4m @ 0.49% Ni from 25m, cut off at depth by a pegmatite vein (NPRC057)• 7m @ 0.33% Ni from 86m, sitting on the basalt footwall contact and with a coincidentlocalised DHEM conductor (NPRC048)• 39m @ 0.44% Ni from 19m, with a coincident localised DHEM conductor (NPRC040)• 1m @ 0.60% Ni from 67m, the last 1m sample at the end of an AC hole which represents the top of competent fresh rock.
Its not a grade,it’s a first pass drill.
AOU Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
