gsp results

Magma's newest results are certainly looking encouraging. 3m @ 2.85% nickel - even if it is a true width of 1 to 1.5m) is fairly strong.

What we want to see in the next 12 months for this project is for them to do downhole EM, find a conductive plate around the higher grade sulphide hits, extrapolate it to depth, and step outside the known resources to increase the resource size.

The bulk tonnage sulphide target looks iffy, if it is that thin and at depths +50m, I must say. However, an ore body running 2.85% nickel will go underground for a long way on current prices.

A good result. I'm still hanging out for the latest holes from Canada - that looks like a serious project now!