New Vanadium Zone confirmed in the Hart Dolerite northern Western Australia
ANNOUNCEMENT 23 October 2007
HIGHLIGHTS
Initial assays from RC drilling confirm the discovery of a vanadium (V2O5) mineralised zone in the Hart Dolerite intrusion, Kimberley region of northern Western Australia.
Mineralised zone is 3.5km long and up to 1.6km wide in an outcropping flat lying vanadiferous titanomagnetite bearing gabbro layer.
The assays report a maximum 52m interval of 0.29% V2O5 containing a higher grade layer at the base.
These holes will now be assayed for PGE+Au potential.
NIP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held