SHA shape australia corporation limited

encouraging nickel and cobalt values, page-4

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    re: new encouraging nickel and cobalt values Mac,

    Are these results so far anything to right home about?

    SNP 4 11 metres @ 0.54% Ni, from 18 to 29 metres
    4 metres @ 0.41% Ni,
    & 0.26% Cu, from 110 to 114 metres
    SNP 5 22 metres @ 0.44% Ni, from 23 to 45 metres
    3 metres @ 0.45% Ni,
    & 0.12% Cu, from 93 - 96 metres B.O.H
    SNP 6 35 metres @ 0.66% Ni, from 10 to 45 metres
    inc. 5 metres @ 0.97% Ni, from 16 to 21 metres
    inc. 1 metre @ 1.18% Ni, from 20 to 21 metres
    inc. 2 metres @ 0.21% Co, from 15 to 17 metres.
    SNP 7 22 metres @ 0.82% Ni, from 20 to 42 metres
    inc. 10 metres @ 1.0% Ni, from 25 to 35 metres
    inc. 3 metres @ 0.16% Co, from 20 to 23 metres
    SNP 8 15 metres @ 0.62% Ni, from 19 to 34 metres


    I have been scouring JBM and AUZ for recent results, they frequently have 2-5% Ni results. what is your make on this? Does their potential Ni discovery at these grades hold the key for SHA?

    Thanks,
    rr
 
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