SGQ - Ann:-
Laboratory assays confirm significant intervals of anomalous nickel
• Strong intersections of secondary nickel enrichment encountered, including 19 m @ 0.56% Ni in CAMRC-010 (with peak of 1m @ 1.42% Ni)
• 42 m @ 0.26 % Ni with MgO levels exceeding 40%MgO at the bottom of hole CAMRC-011, consistent with the top of a potentially mineralised olivine adcumulate zone
• Drilling data provides clearer structural understanding of Cambridge
• New interpretation of Cambridge as a folded and sheared ultramafic bodywith the same geological
consistency asthe remainder of the 60+ km fertile komatiite Stella Range Belt
• Significantly advances Cambridge as a highly prospective ultramafic zone with opportunities for high
grade nickel sulphides
• Strong evidence of pathfinder elements in drilling provides new tool for selecting drilling targets
• New drill targets being generated for testing
BREAKTHROUGH IN 2013DRILLING PROGRAMME
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