Nickel not my focus, but...Highlights
• Wedei is a 7km x 4km stream sediment Nickel anomaly – one of the largest in Papua
New Guinea.
• Nickel laterite mineralisation discovered in every test pit – anomaly remains open in
every direction.
• Peak results of 3.44% Ni, 2.25% Ni and 2.10% Ni highlight the very high laterite grades
of the deposit.
LCL Resources Ltd (ASX: LCL) (LCL or the Company) provides an update on its 100% owned
PNG Nickel Project following completion of a maiden three-week reconnaissance field
program at the Wedei prospect.
The LCL field program was conducted over an area of 5.5km x 4.5km with 30 pits hand dug
on an approximate 1km x 1km grid (Figure 1). All of the pits encountered anomalous nickel
with 18 of 30 pits returning values in excess of 1% Nickel which highlights the scale and tenor
of the Wedei laterite.
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Nickel not my focus, but...Highlights • Wedei is a 7km x 4km...
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Mkt cap ! $7.195M |
Open | High | Low | Value | Volume |
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19 | 10250772 | 0.005 |
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Price($) | Vol. | No. |
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