Here is part of the BHP ann. I can't paste the picture stuff (don't know how and haven't time to learn how today- this wind is causing power outs all the time)
April 2, 2008 ASX & TSX: WSA
News Release
ASSAYS CONFIRM HIGH GRADE NICKEL/COPPER/PGE DISCOVERY
AT MT ALEXANDER JOINT VENTURE
Mt Alexander Joint Venture (BHP Billiton 75%, WSA 25%)
The Board of Western Areas is pleased to announce that final assay results from BHP Billiton’s first two drill holes at the Cathedrals Prospect have confirmed that it is a high grade nickel/copper/PGE discovery with significant exploration upside.
Intersections from the two diamond drill holes first announced on 11 March are:
MAD 012 : 4.0m @ 4.9% nickel, 1.7% copper and 3.9g/t total PGE from 91.4m
MAD 013 : 3.0m @ 3.8% nickel, 1.6% copper and 2.7g/t total PGE from 56.3m
Including 1.4m @ 7.1% nickel, 3.0% copper and 4.2g/t total PGE from 57.6m
These results are considered to be very encouraging for a number of reasons:
1.
They are the first drill holes to intersect a previously untested geophysical target
2.
Both intersections consist of fresh massive sulphide at shallow depth
3.
The mineralisation is completely open along strike and down dip
4.
High grade nickel is associated with high copper and PGE values
5.
Highest PGE assays are: 6.7g/t Palladium, 0.9g/t Platinum, 1.0g/t Rhodium
6.
The geological setting shows similarities to the Flying Fox mine, 350km south
BHP Billiton has advised that drilling is expected to resume at the Cathedrals Prospect in the June Q and Western Areas looks forward to being able to report further results from this exciting project. A review of the technical data is scheduled for early next week.
Table 1: Summary of drill hole assays
HOLEID
FROM
TO
INT
Ni
Cu
Pd
Pt
Ir
Os
Rh
Ru
Total PGE
m
m
m
%
%
ppm
ppm
ppm
ppm
ppm
ppm
ppm
MAD012
81.5
95.5
14.0
1.9
0.8
1.2
0.2
0.02
0.01
0.16
0.18
1.8
Including
MAD012
91.4
95.4
4.0
4.9
1.7
2.4
0.5
0.06
0.04
0.48
0.53
3.9
MAD013
56.3
59.3
3.0
3.8
1.6
1.9
0.4
0.02
0.01
0.18
0.17
2.7
Including
MAD013
57.6
59.0
1.4
7.1
3.0
2.9
0.6
0.04
0.02
0.33
0.33
4.2
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE U.S.
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Here is part of the BHP ann. I can't paste the picture stuff...
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