http://www.minesite.com/storyFull.php?storySeq=573
"The blue sky, however, is being spread further because Collurabbie has everyone in the Australian mining game a little excited. As Minesite reported last year, Collurabbie has returned drill core results that include an 8metre hit assaying 1.23% nickel, 1.62 % copper and 3.84 g/t PGMs. On their own each assay is close to being considered ore grade. In the same slice of rock it is rich stuff indeed.
But, as they say in some advertising campaigns, there’s more. The Collurabbie discovery in which Falcon has a 30 per cent interest (WMC holds the rest) is in a 500 square kilometre tenement. Immediately to the south of the discovery block, Falcon has a 20 per cent free carried interest in an adjoining tenement which has Newmont (62 per cent) and Regis Resources (18 per cent) as its partners."
cheers.
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