GNI global nickel investments nl

drilling about to start,grades up to 208g/t au

  1. 2,237 Posts.
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    Drilling about to start in an area where Historic rock chip samples have assayed up to 208g/t Au,201g/t Au and 165g/t Au,plus gold production at an average grade of 54g/t Au.
    The area is also highly anomolous in copper,nickel and PGMs.
    VTEM anomalies correlate with surface geochem which has revealed high levels of nickel and copper.
    GNI is the first to use EM techology in the area.
    Similar characteristics to the Duketon Belt which is currently attracting a lot of investment.
    This area is very under-explored and also neighbours the very exciting gold project for EKM.
    DYOR,see the GNI thread and have a look at last announcement released on 27th May.
    The oppies are a good go considering the excise price is only 10 cents and due in 2012.
    Cheers.
 
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