This is very positive stuff.
Did a quick dig around and found the following.
IP last done in 1947 which would not have gone deep at all,
Looking at history of the area it was mined.
The Ultra mafic plugs tend to be quite concentrated.
The mineralisation occurs in plugs that historically went 7% ni and 2% Cu
The semi massive structures further away went 3.5 to 4%Ni and where mined
The 1%Ni and 1% copper appear to have been drilled all around the anomaly but no holes into the anomaly. They did not have the IP showing the Anomaly so no wonder they missed it. These historic results all around of 1% Ni must have a source and this anomaly has to be big big target.
What would be interesting is to see the strength difference in the Old IP and the now newly discovered IP just to get an idea or feel for it.
So in short this is a fantastic target that must be drilled and early results should flow.
i asked the company when they are going to drill it and they said Doing it now and should be finished within two weeks, assay should flow quickly and the sulphides will be dam obvious in the core. if they get 7% Ni this will fly and in two weeks they go ballistic.
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This is very positive stuff. Did a quick dig around and found...
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