http://www.directnickel.com/wp-content/uploads/2013/09/092413-Min...

http://www.directnickel.com/wp-content/uploads/2013/09/092413-Mining-News-Laterites-Sulphides.pdf

But Matsa Resources – one of several Aussie juniors hunting the Fraser Range for more sulphides – begs to differ on the scarcity of nickel sulphides.

Matsa managing director Paul Poli summed up his reasoning for pursuing sulphides.

“We would not be spending millions of dollars if we didn’t really believe that we’ve got very strong prospects of having a nickel sulphide deposit within our tenement.

“I am convinced the Fraser Range cannot contain only one nickel deposit, and we hope to prove it in the near future. It can’t just be one mine. It’s too big, too impressive, too much of a strong geological feature to be a once-off.”

He noted with particular interest the encouraging results from Sheffield Resources, just to the south of Matsa’s tenements. Sheffield is starting to get similar geology at surface to the Nova-Bollinger mineralised zone.
Sheffield’s recent results show that the geology seems conducive to nickel sulphide deposits.

“We are really sandwiched by Sheffield and Nova, and we think the assay results due in the next week from our recently completed air core drilling program will give us similar results, if not better, to Sheffield,” Poli told MNP.

“This supports my model that the locality hosts geology and fertile rocks which can host substantial new nickel sulphide deposits.”