MAD200 INTERSECTS THICK MINERALISED HOST INTRUSIVE UNIT:• 12.6m intrusive unit intersected from 500.8m downhole including approximately 1.4m ofdisseminated and blebby nickel-copper sulphides from 511.4m downhole (<5% sulphideswith pentlandite (pn), chalcopyrite (cp) and pyrrhotite (py))• Nickel-copper sulphides are located on the basal contact and are preserved, a textbookgeological setting supporting the potential for further nickel-copper sulphide depositsproximal to MAD200• Three very strong electromagnetic (EM) conductors – with modelled conductivity of 69,926Siemens, 27,000 Siemens and 32,235 Siemens, respectively – already identified proximalto MAD200 with a further downhole EM (DHEM) survey scheduled for MAD200 this week
MAD 201 should be at or close to depth at a rate of 50m/day
Cheers Mulac1
SGQ Price at posting:
8.5¢ Sentiment: Buy Disclosure: Not Held
