HAW 0.00% 6.0¢ hawthorn resources limited

bhp/wsa discovery adjoins haw's mt bevan

  1. 1,144 Posts.

    BHP and WesternAreas have a Tenement named Cathedral adjoining MtBevan to the immediate NorthEast of MtBevan.BHP and Western Areas have conducted exploration work on Cathedal and below is a summary...Its interesting to note that it is a nickel/copper discovery associated with massive sulphide and the highest mineralisation is on teh border of Mt Bevan..Hence this is the reason BHP/WSA are eyeing Mt Bevan..The plot thickens...

    Mt Alexander (remaining 25% interest in JV with BHP Minerals)

    Western Areas recently announced preliminary results from two diamond drill holes drilled by BHP Billiton at the Cathedrals Prospect. Both drill holes intersected high grade nickel/copper values associated with massive sulphide. Final assay results confirmed the two intersections and indicate that it is a new high grade nickel/copper/PGE discovery with significant exploration upside.

    These early results are considered to be very encouraging for a number of reasons:
    1. Both intersections consist of fresh massive sulphide at shallow depth
    2. The mineralisation is completely open along strike and down dip
    3. High grade nickel is associated with high copper and PGE values
    4. Highest PGE assays are: 6.7g/t Palladium, 0.9g/t Platinum, 1.0g/t Rhodium
    5. The geological setting shows similarities to the Flying Fox mine, 350km south
 
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