Drilling to recommence on Avebury Nickel Sulphide Proj 16-05 1309
Allegiance Mining NL is about to recommence drilling on its Avebury nickel sulphide deposit near Zeehan in western Tasmania.
A contract for 3,500 metres of core drilling worth approximately $250,000 has been awarded to Zeehan based Almac Drilling Pty Limited.
Drilling, which is scheduled to commence on Monday 20th May, will be undertaken by two rigs working 12 days per fortnight on a single shift basis.
The program has three principal objectives:
- determine the potential of the South Avebury deposit to extend further west of the currently identified resource.
- test for shallower (near surface) extensions of Central and North Avebury.
- infill the drilling pattern on the current South Avebury resource to facilitate a re-estimation of this resource at a higher confidence level ahead of any decision to embark upon underground mine development.
First results of the program are anticipated in late June/early July and drilling is due for completion in September 2002.
A W Howland-Rose (MSc, DIC, FGS, FIMM, FAusIMM, FAIG, CEng) CHAIRMAN
ends - AAP
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