Wow ! This sounds exciting. From the 2nd announcement today"
"Diamond drillhole NCB0001 at the Sir William Wallace EM target currently at 104m depth
From a visual inspection nickel and copper sulphides are starting to appear within the core drilling
Hole currently 50m from the estimated target zone
The hole has been drilled to a 104m depth. From a visual inspection, nickel copper sulphides have been identified
in the core drilling and were first encountered from around 92m downhole in the form of intermittent cloud sulphide
with occasional blebs. The mineralisation appears to be strengthening with depth, with the largest bleb of sulphide
identified at approximately 102m depth, as shown in Figure 2. The hole is collared at 366578mE, 6669672mN, and
415mRL on GDA94 Zone51, drilling at -60 towards 200 grid azimuth. The core sample is yet to be assayed and
analysed.
This could be a bonanza if they manage to get massive sulphides indicating the location of a serious high grade nickel deposit.
ESR Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
