KILLALOE (NKL earning 70% from Cullen Resources Ltd)
"Nickel Australia commenced exploration on the Killaloe project in November, with initial work comprising a program of surface electromagnetic (EM) surveying to follow-up and better define the EM conductors identified by previous surveys. Following completion of the EM survey, geochemical sampling, geological mapping and aircore drilling will be undertaken. The presence of strong geochemical and geophysical anomalies located near basal stratigraphic contacts indicates the Killaloe project is very prospective for hosting significant nickel sulphide mineralisation, and Nickel Australia is well positioned to significantly advance this project."
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