Report out today from IGO: 2018 Mineral Resources & Ore Reserves Update
This Andromeda Project, thick massive sulphide drill intersections (50 km NE of Nova) is further than Sputnick's Creasy Private Ore body (25km NE of Nova)!
Interesting times ahead for all shareholders and stakeholders!
page 6 of the report below:
Fraser Range
The Albany-Fraser belt in WA is prospective for base and precious metals. The bulk of IGO’s FY18 exploration expenditure was on the Fraser Range project including the Nova Operation mine lease. In the Fraser Range, IGO has consolidated a ground position of ~14,000km2, including ten JVs.
IGO’S FY18 exploration highlights included sourcing a specialist geophysical aircraft contractor (Spectrem-Air) from South Africa to begin 23,000line-km of aerial electromagnetic (EM) surveys over IGO’s Fraser Range ground positions. Other highlights include the growing exploration evidence that multiple magmatic intrusions that are prospective for magmatic nickel-copper deposits are present in the belt, and thick massive sulphide drill intersections at the Andromeda Project, which is 50km northeast of Nova Operation.
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