At Beta Hunt, drilling aimed to test for the offset extension of the historic Beta nickel belt south of the Gamma Island Fault has confirmed the presence of massive and matrix nickel sulphide mineralization along the prospective ultramafic/basalt contact. Significant nickel intersections1 include: G50-22-005E: 11.6% Ni over 4.6 metres, including 18.4% Ni over 2.2 metres G50-22-002E: 1.2% Ni over 0.3 metres G50-22-003E: 2.4% Ni over 1.8 metres The new nickel zone - named "50C" has the potential to represent a repeat of the historic Beta Zone which to date has produced in excess of 32,000 tonnes of nickel metal (Nits). The 50C Nickel Trough is located 140 metres from existing development and remains open to the south. Drilling also intersected gold mineralization above and below the 50C trough and suggests the Beta Hunt gold mineralized system extends for over 3.5 kilometres of strike from the northern end of the A Zone. Significant gold intersections1. include: G50-22-002E: 2.7g/t Au over 12.0 meters, including 10.1g/t Au over 1.4 metres G50-22-005E: 5.2 g/t Au over 3.2 metres G50-22-004E: 2.8g/t Au over 11.5 metres, including 10.5 g/t Au over 0.5 metres
|