Pints must have stage fright as he hasnt established contact as yet - although I did find out some further details pertaining to HCY progress thus far.
First phase of drilling to commence mon
9 EM lines have been laid which have a penetration depth of 300m approx each cable is able to recognise conductive structures beneath the surface , combined areas of copper Ni Sulphide will be registered on the machine in varying degrees depending on how it lays within the ground - and once the results are completed an overview of the samples will be completed selecting potential high grade targets for follow up drilling .
Black Swan nickel mine is located a few miles to the nth of HCY current tenement (50km NE Kalgoorlie) which has recorded 10% Ni - The initial in-situ resource was estimated @ 440,000 tonnes 14% Ni and the diluted and recoverable reserve calculated at 640,000 tonnes @ 9.5% Ni . surface area of Black swan is approx 70 x
10M and has thus far produced about 2BAUD of Ni.
The same crew responsible for the Black Swan discovery have been bought aboard HCY to assist with interpretation and calculation of data and will be assisting in the forthcoming phase of drilling .
Apparently some peak readings have been registered on the EM sensors and in conjunction with the other evidence is awaiting evaluation .
The current area is similar in structure with Scotia magnetics and some signiature nickel indications have been recorded but only early at this stage so we shall await the results with interest
HCY
halcyon group ltd
Pints must have stage fright as he hasnt established contact as...
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