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October 13, 2011
Auger Drilling Campaign on Gold Anomalies
ASX Release: GNI
The Board and Management of Global Nickel Investments NL (“GNI”, “the Company”) are pleased to announce
that the Company will be conducting an auger drill campaign this week to follow up on its recent Bulk Leach
Extractable Gold (“BLEG”) successes on the Jutson Rocks project (EL 38/1540).
GNI is currently targeting its recent gold BLEG successes with a close-spaced detailed infill soils programme.
This programme is to best assist with planning the aircore drilling planned for mid-November. Images of the infill
programme (Figure 1) and of the successful BLEG geochemistry (Figure 2) are featured below.
The anomalous targets are very encouraging as they are immediately south/south-east of the historic abandoned
Chapman’s Reward gold shafts clearly demonstrating that gold is present in the immediate area. The new BLEG
targets are also encouraging in that they are ideally geologically placed along fault corridors being an ideal setting
for gold mineralisation.
The tenement area of E38/1540 has been recently cleared for historical significance by the Cosmo Aboriginal
Community and Central Desert Native Title Services. A Programme of Work is currently with the Western
Australian Department of Mines and approval is expected late this week.
For further information please contact:
Andrew Mortimer - Executive Director
Global Nickel Investments NL
Mobile: +61 (0)433 894 923
Email: [email protected]