Giralia Resources announced yesterday that it will commence surveys of the exciting Daltons nickel prospect later this month.
High grade massive nickel-copper sulphides were reportedly intersected at Daltons in the 1970s including 0.9 m @ 9.29% nickel and 3.59% copper. In-fill drilling will also take place south of the Kingsway zone where strong surface gossan results were obtained (up to 7.0% nickel and 52 g/t PGE + gold).
The company also announced the acquisition of a new 100% owned nickel project in Queensland.
Looks like an interesting next few months for those interested in a small cap stock with some blue-sky potential . I hold. GIR is currently trading at 0.165 cents.
R/Gupper
GIR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
