more thick nickel sulphides

MORE THICK SULPHIDES 55 METRES DOWN DIP FROM LAST INTERSECTION AT NOVA
Nova nickel-copper discovery continues to grow
Sirius Resources NL (ASX:SIR) (“Sirius” or the “Company”) advises that diamond drilling at its Nova discovery has intersected more thick nickel-copper sulphide mineralisation – some 55 metres down dip from the 19.7 metre zone announced earlier this week, and again exactly where predicted by the electromagnetic (EM) geophysics.
Hole SRFD0039 intersected the following (see Figures 1 and 2):
? 9.2 metres of disseminated sulphides from 278.7 metres,
and;
? 15.4 metres of breccia sulphides from 298 metres (a breccia
is a mixed zone of massive sulphides with contained lumps of
wallrock).
As with the last hole (SFRD0037) these widths are interpreted to be true widths. Assays are awaited but again there is abundant coarse grained pentlandite (nickel sulphide) and chalcopyrite (copper sulphide) present in the core (see Figures 3 and 4).
Sirius’ Managing Director Mark Bennett said “I am greatly encouraged with this result, it being a large stepout from the last hole, which itself was a large stepout from the previous drill line. The first two diamond holes on this drill line have delineated a zone of mineralisation that is as thick as the height of a five storey building, which highlights the significant tonnage potential of the discovery.”
A diamond hole drilled to test the down dip continuation of mineralisation on the original (500N) drill line also intersected a 1 metre thick zone of matrix sulphides, some 30 metres down dip of the last intersection in SFRC0027, increasing the down dip extent of mineralisation on this line to at least 250 metres. Another diamond hole is underway to drill further down dip of this.
Sirius is continuing to aggressively drill out the Nova deposit and a third diamond rig is scheduled to arrive on site in four days.