Ann: Massive sulphide mineralisation increasing at Masson, page-18

The article below is from head stock (I like the low mcap for a driller and not just a rock chipper)

the other question we have to ask is where is the source for the three mineralised areas that Nim has discovered ??

exciting times always in exploration but very risky because the discovery has to be perfect to be liked by the market

I am still of the opinion that the low volume suggests no economic discovery yet

It also is not a pump and dump yet as not enough volume for the pumpers


Two more holes drilled by NIM in WA – beneath an initial RC hole that intersected 10m of massive sulphides at its Mons nickel project at the northern end of the Forrestania nickel belt – have revealed increasing widths of mineralisation.

Diamond drilling of the Masson prospect has extended the mineralisation downhole from 102m to 274.5m and remains open, where previous drilling established a mineralised north-south strike length of 160m, open in both directions.

A final, deeper diamond hole of the program is expected to be completed early next week , designed to further test dip and depth of the sulphide and disseminated mineralisation.

“The three drill holes completed have tested recent electromagnetic survey anomalies and indicate that the mineralised zone is increasing with depth and dipping to the west as predicted,” NIM exec director Luke Hampson said.

“The Masson copper, nickel, cobalt and PGE massive sulphide discovery is now building momentum in terms of potential volume and grade.”

Shares in the $10.8m market-capped junior are up 20% today, swapping for 7.8c.