ALB albion resources limited

from 30-04-08 announcement. they have also mentioned in 23-03,...

  1. ITS
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    from 30-04-08 announcement. they have also mentioned in 23-03, also mentioned in 31-01-11 quaterly activity reports buty no work has been done in last quarter but the results was highly encourage from BOSTWANA, see below


    30-04-08,

    DRILL ASSAYS CONFIRM THICK NICKEL SULPHIDES AT SUNNYSIDE DISCOVERY,
    BOTSWANA

    HIGHLIGHTS

    ? Drill assays have confirmed the presence of thick zones of Ni-Cu sulphide mineralisation
    at the Sunnyside discovery in Botswana.
    ? Highlights include assays from drillhole ALB004 which yielded the following intercepts
    within a larger mineralised zone of 55 metres apparent thickness starting at 21.4m from
    surface:
    8.6m @ 1.21% Ni, 0.30% Cu, within an intersection of
    18.6m @ 0.75% Ni, 0.55% Cu.
    ? The broader mineralized zone of 55m (21.4m to 76.0m) averages 0.55 % Ni, 0.44% Cu.
    ? Grades range up to 2.3% Ni, 1.12% Cu in individual one-metre intervals.
    ? These drill results are believed to be the most substantial nickel sulphide intersections
    in Botswana outside of the Selebi-Phikwe and Tati nickel mining districts which have
    production and resources of approx 1.7 million tonnes of contained nickel metal.
    ? Sulphides have now been intersected in 8 drillholes and mineralization remains open in
    several directions.
    ? Further assay results are expected in the coming weeks.
    ? Drilling is continuing, with 2 rigs on site.
 
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