From 22/10/18
Next Steps
The auger program is continuing at the Itapitanga Nickel‐Cobalt Project. In parallel, the Company has lodged theappropriate applications for RC drilling of the vegetated wetland that covers both the Daniel’s Creek Fault Zoneand the Western Contact of the Northern Zone and is working with the local agencies to expedite this licence. Once this licence is approved, the Company is positioned to be able to commence a second phase of RC drilling. Planning for this next phase of work is underway and would include brownfields exploratory drilling over the newtargets identified in the latest auger program as well as a number of undercover targets following the positiveresults from RC drill hole ITAP‐RC‐18‐114, which intersected 30.0m @ 0.90% Ni and 0.04% Co underneath 12.0mof granite country rock.The Phase 2 drilling program currently being planned would also involve resource definition drilling to allow forthe estimation of a maiden JORC Mineral Resource estimate.‐ENDS‐ Released by: On beh.........
Cheers
Ann: Trading Halt, page-51
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Last
47.0¢ |
Change
0.010(2.17%) |
Mkt cap ! $205.9M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 47.5¢ | 45.0¢ | $206.0K | 447.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5000 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 2880 | 1 |
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