This is an update from boss resources and hoping to get peoples...

This is an update from boss resources and hoping to get peoples thoughts on these grades.

Thanks in advance

ASX ANNOUNCEMENT 20 January 2014
BOSS EM SURVEYS HIGHLIGHT POTENTIAL TO EXTEND MINERALISATION AT LIAKKA NI/CU PROJECT WITH IDENTIFICATION OF NEW CONDUCTORS
HIGHLIGHTS
? Completion of ground magnetics and TEM at Liakka Prospect, northern Finland, and further historical data found
? Two 600-700m long conductors has been identified with potential to extend known shallow disseminated sulphide mineralization at depth
? Conductor indicates potential extension to mineralisation to the north of the historical drilling which included:
? 27.3m @ 0.7% Cu, 0.3% Ni, 177 ppm Co, from 47.2 m down hole depth Incl.10.3m @ 1% Cu, 0.5% Ni, 219 ppm Co
? 6m @ 0.8% Cu, 0.5% Ni, 225 ppm Co, 0.4 ppm Au from 23.8 m down hole depth
? 11.3m @ 0.8% Cu, 0.2% Ni, 130 ppm Co, 0.22 ppm Au from 33.9 m down hole depth
? A sub-parallel conductive zone of similar dimension is also mapped to the immediate east
? Only one historic hole drilled which intersected a thin intercept of a similar style of mineralisation
? 1.7 m @ 0.3% Cu, 0.2% Ni, 160 ppm Co, 0.1 ppm Au from 55.6m
? A drill program is currently being planned and ground access approval sought
? High powered ground TEM and magnetics due to start at Skogtrask in the last week of January and is expected to take about 4 weeks
Liakka Nickel / Copper Project, Finland (right to acquire 100%)
Boss Resources Limited (ASX: BOE) is pleased to announce that it has completed ground magnetics and high powered ground TEM at its newly acquired Liakka Copper / Nickel Project in the highly prospective Fennoscandian Shield.
Ground magnetic surveying was completed on convenient lines (100m line spacing, continuous sampling mode) using a G-858 Magmapper2000, which is a high sensitivity, fast-sampling ‘walking’ magnetometer, with GPS directed interactive visual guidance to the operator.
The high powered fixed loop TEM survey design had strong input from local topographical and culture, to minimise impact on the environment and to optimise geological mapping. The survey comprised approximately rectangular transmitter loops of dimensions 1000 x 1000m using a Zonge ZT 30 as the transmitter. A SMARTEM 24 receiver was used to record the signal from a Geonics 3D-3LF coil and Bartington 3 component fluxgate magnetometer simultaneously. Lines were spaced approximately 150m apart and station spacing along the lines was 50m.
The Company has also acquired further historical exploration data, including ground magnetics, gravity and Slingram frequency domain EM, ascertained by the Geological Survey of Finland (GTK) or Outokumpu. The historical (pre-1986) data was gathered using a 50 m line spacing for all data sets. The slingram data was gathered using 150m coil separation, and measurements made at 222 Hz and 3,555 Hz.
The new TEM survey conducted by Boss has significantly more power, and hence depth of penetration. Due to interference in some areas from a nearby powerline in the most recent survey, interpretation of the new and old electromagnetic data was done jointly. The above data sets have been integrated with previous drilling, geology, and modern exploration knowledge.
The results show the known drilled mineralisation is coincident with a gravity low (figures 1, 2 and 3) and proximal to magnetic highs (figure 4) and at the southern end of a 600-700m long NNW trending conductive zone. The zone consists of 2 parallel conductors (figures 1 and 2). Density measurements made by Geological Survey of Finland on the core showed the gabbroic rocks to be more dense than the ultramafic (hosts of the mineralisation) hence the gravity low could represent a thicker and more depth extensive occurrence of ultramafics.
It is interpreted that the southern end of the western conductive zone has been tested by holes YI 1, 16, 17, and 19 (see Table 1). YI 3 is the only hole to be drilled in the vicinity of the eastern conductive zone.
A limited drill program to assess the northern extension of both conductive zones and the down dip extension is being planned and drilling permissions being sought. All holes will be logged with down hole transient electromagnetics (DHTEM), a technique which is widely used for assessing the geometry and extent of conductive mineralisation. This technique has not previously been employed at the Liakka Prospect.