Highlights:
- Aircore drilling commences at Fisher East
- Numerous nickel sulphide targets identified following assessment of regional data sets
Yearly Archives: 2013
Highlights:
- Second hole at Teena delivers more high grades
- Second hole indicates high grade mineralisation extends at least 200m east-west
- Mineralisation includes 20.1m @ 15.0% Zn+Pb, including
- 12.5m @ 19.5% Zn+Pb, including
- 5.0m @ 25.4% Zn+Pb
- Drilling is ongoing, third hole underway
- 12.5m @ 19.5% Zn+Pb, including
Highlights:
- Earn-in partner, Teck, reaches $5 million expenditure and earns the right to a 51% interest in the Reward Zinc project
- Teck exercises its right to sole fund the next $10 million of expenditure to earn a further 19% interest in the project (70% in total)
Highlights:
- Numerous nickel sulphide targets defined following assessment of regional data sets
- Analysis of historic RAB holes highlights significant anomalous nickel values
- Targeting aided by detailed airborne magnetic survey and reinterpretation of VTEM data
Highlights:
- First drill hole intersected a 116m interval of variable mineralisation from 1,012m
- Multiple zones of mineralisation intersected above a 2.5% Zn+Pb cut-off
- 26.4m @ 13.3% Zn+Pb, including
- 16.2m @ 17.2% Zn+Pb, including
- 8.0m @ 21.2% Zn+Pb
- 16.2m @ 17.2% Zn+Pb, including
- Teena prospect hosts high-grade Sedex zinc-lead sulphide mineralisation similar to the McArthur River mine located 10km away
- Second hole, approximately 200m west of the first, has intersected visually similar mineralisation
- Drilling is ongoing with results to come
Highlights:
Highlights
- Main Zone extended a further 100 metres south
- 1.9m @ 3.15% Ni in hole MFED040
- Mineralisation at depth starts to re-emerge
- 1.6m @ 3.7% Ni in hole MFED036
- Solid intersections in Main Zone
- 6.3m @ 1.5% Ni in hole MFED035
- 2.9m @ 2.2% Ni in hole MFED037
- 5.6m @ 2.1% Ni in hole MFED039
- Data audit and resource estimation underway
- Regional exploration review looking for repeats of Camelwood deposit
Highlights:
- High grade intercepts extends the Camelwood nickel sulphide deposit a further 100 metres south
- Results include:
- 3.4m @ 2.7% Ni, including 1.5m @ 4.1% Ni in hole MFED032
- 3.2m @ 3.4% Ni in hole MFED033
- Deposit remains open to the south
Highlights:
- Diamond drilling commences at Teena zinc prospect in Northern Territory
- Follow up drilling of previous highly encouraging results
Highlights:
- High grade intercept in hole MFED026 confirmed, with 2.7m @ 5.2% Ni, including 1.8m @ 6.3% Ni
- Other high grade intercepts include 4.2m @ 3.2% Ni in hole MFED025
- Southern area of Main Zone extended by MFED025
Highlights:
- Main Zone extended to over 420m vertical depth with massive nickel sulphides intersected in hole MFED026
- Mineralisation is still open at depth and along strike to the south
- Assay results of 2m @ 3.5% Ni confirm Southern Zone potential
- Diamond drilling to commence at Southern Zone