"Recent successful results returned from Ausgold Limited( AUC)...

"Recent successful results returned from Ausgold Limited( AUC) and Eleckra Mines Limited(now GOR)in the surrounding area has added to the confidence Global Nickel has in the Jutson Rocks greenstone belt."

Interesting, because both AUC and GOR SP has increased more than 1000% in last few month.

AUC announced:

"Multi-million ounce potential in safe geographic region"

"High-value ore due to location, good grade and existing infrastructure"

GOR also get very high grade Au drilling result recently.

"It has found grades up to 1,000 g/t gold with some mineralisation from surface."

GNI's Mt Venn area may hold large copper-Ni mineralisation:

"In the Mt Venn area, previous exploration in the area by Helix Resources Limited and Tasminex NL where drilling results at shallow depths included an intersection of 4 m @
1.3% Cu (including 2 metres @ 1.2% Ni) and 30 m @ 1% Cu with nickel ranging from 0.25 - 0.5% Ni over the
same intercept."