Global Nickel Investments: Drilling Commences
(firmenpresse) - Global Nickel Investments: Drilling Commences
Global Nickel Investments NL is pleased to announce the commencement of drilling at its Mt. Cornell and Mt. Warren projects on the Jutson’s Rocks Greenstone Belt in Western Australia. Drilling commenced ahead of schedule on the 11th August with Quality Drilling Services from Kalgoorlie.
The current programme involves drilling of eight holes to a maximum depth of 250m. Five of the eight holes will test VTEM and follow up ground EM targets previously announced and three holes will target a copper in soil anomaly. The first hole has been completed and was drilled close to MCRC002 drilled last year which encountered anomalous copper and gold mineralisation.
A further six holes are planned to test co-incident soil copper anomalism and proximal VTEM anomalies which will require a larger drilling rig to reach the target depth of 300-350m. As previously announced, these holes will be drilled using Boart Longyear’s rig once it becomes available from Ausgold’s programme currently operating adjacent to GNI’s Mt. Cornell tenement.
The attached presentation has been prepared for broker and investor meetings scheduled for this month. The presentation is available on our website in English and German for our increasingly diversified shareholder base.
For further information please contact:
Andrew Mortimer – Executive Director
Global Nickel Investments NL
Mobile: +61 (0)433 894 923
Email: andrew.mortimer(at)globalnickel.com.au
Ashley Hood – Operations Director
Global Nickel Investments NL
Mobile: + 61 (0)427 268 999
Email: ashley.hood(at)globalnickel.com.au
Competent Person’s Statement
The information in this release that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Carl Swensson, who is a Member of the Australasian Institute of Mining & Metallurgy. Mr Swensson is a director of Global Nickel Investments NL and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Swensson consents to the inclusion in the release of the matters based on his information in the form and context in which it appears.
Leseranfragen:
Datum: 22.08.2011 - 18:07 Uhr
Sprache: Deutsch
News-ID 57912
Anzahl Zeichen: 2637
contact information:
Town:
Wien
Kategorie:
Business News
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