Great nickel play - check the drill results on this one.Shares...

Great nickel play - check the drill results on this one.
Shares in Independence
Gold NL surged today after the company announced VR15-028 intersected
18m at 10.0 per cent nickel (true width 15m) including 10.6m at 12.8 per
cent nickel.
VR15-028 was targeted to confirm the interpreted geometry of the
Victor South Sheet 1 (central zone) of thick massive sulphide, and to
increase confidence in the tenor of the nickel sulphide.
The massive sulphide intersections confirmed the geometry and
provided further evidence of the extremely high tenor of the massive
nickel sulphide ore.
Interpretation of the downhole transient electromagnetic
(DHTEM) survey completed in the hole has substantiated the large
wedge-shaped body of massive nickel sulphide.
The tenor is consistent with high-grade ore being mined in Gibb
South.
Directors said the data from this hole will be integrated into
existing data and models, and the resultant ore reserve and resource
would be released shortly.
These results would increase the resource and recoverable
reserves for Victor South, which the company plans to start mining in
the last quarter of the current financial year.
This news is a week old but investors are now taking notice after WSA etc.
Cheers
Cerberu