Anyone see Mincor's Quarterly. Reported exciting new Nickel target S/West of existing mine.............
"RAV 8 Joint Venture (Mincor earning 80%)Following the initial round of drilling completed last year,
Mincor carried out a MIMDAS Induced Polarisation (IP)
survey during the quarter. A strong and sizeable chargeable
anomaly was detected in a previously un-drilled part of the
tenement. The anomaly is hosted in the footwall felsicvolcanic rocks in a previously unexplored area south-west of the RAV 8 mine.
The preliminary geological interpretation is that the RAV 8
deposit may have been dislocated by a series of south over
north thrust faults. If this model is correct it would indicate that the IP anomaly is on a lower thrust surface that could host significant nickel sulphide mineralisation.
A second round of drilling (RC and/or Diamond) is being
planned with a commencement date of early September."
Anyone see Mincor's Quarterly. Reported exciting new Nickel...
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