If i'm not mistaken anomaly AIP-08 corresponds to a magnetic sediment/ ultramafic contact where Golden State Resources had some good shallow Nickel hits about 25 years ago... and there has been no follow up RC or drilling of any kind. Also...Stratum Metals conducted a HTEM survey (2013) showing an excellent anomaly in the same strata 300m to the north.
So this new anomaly now has the full set of positive indicators....nickel auger anomaly (to 1500ppm)... overlaping asenic auger anomaly... magnetic anomaly... HTEM anomaly... moving loop EM anomaly and shallow drill anomalies.
A RAB hole 100m south of this new moving loop EM anomaly intersected 30m @ 0.28% Ni to end of hole. The next line 200m further south intersected 34m @ 0.32% Ni at the end of the hole.
Who can say if the bedrock source is magmatic sulphides, and I can't say exactly which tenement the quoted AIP-08 co-ordinates apply to as the diagram in the announcement (fig. 2) is truncated to the south ... DYOR
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