Just read the announcement and will share my views, please be advised that I do not hold and any comments are open for interpretation and discussion.
- They have intersected minor disseminated sulphides (mainly pyrite and pyrrhotite) no pentlandite, however the pXRF readings for the first 40 metres has detected anomalous Ni values of up to 1.07% with an average of 0.7% ni.
It will be interesting to see whether there is a fertile system, it does seem that nickel of lower grades are dispersed as part of the mineralised system however, I feel the nickel dispersion, grade and mineral source will require further geological modelling and understanding.
NG
ARN Price at posting:
18.5¢ Sentiment: None Disclosure: Not Held
