Assays from this Nickel drilling are likely to be 3 weeks or so away given the lab bottlenecks being encountered. It’s a single hole though drilling to around 400 meters with the anomaly modelled to begin from around 150m.
If they hit visible sulphides then I’d say they will do first pass XRF screening on site and provide an update to market, they were expecting to complete this drilling by late February so we’re well into the news window now.
On the 15th of February they had completed 6 holes (reported 3 at Redback) between Redback and Wattle Dam so we’re also well into the zone where we should expect further results there too. Personally it’s the gold results that I’m really looking forward to however certainly won’t be disappointed with a free kick on the nickel front.
MXR Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
