Australia Investing
Accelerate: Diamond Drill Hole YHDD001 Completed at Young Henry Nickel Cobalt Target
Oct. 01, 2018 10:00AM PST
YHDD001 was designed to test a 300m long SSW plunging electromagnetic conductor, aeromagnetic high associated with anomalous nickel, zinc, cobalt gossanous, soil samples.
Accelerate Resources (ASX:AX8) has announced that drill hole YHDD001 at the Young Henry cobalt-nickel target in Tasmania has been completed at 156.1m.
According to the release, YHDD001 was designed to test a 300m long SSW plunging electromagnetic conductor, aeromagnetic high associated with anomalous nickel, zinc, cobalt gossanous, soil samples. The primary target was magmatic nickel-cobalt sulfides.
As highlighted in the press release:
- YHDD001 completed at 156.1m
- Drill core dispatched for assaying
- Surface mapping and sampling of adjacent 1.4km long Henrietta EM anomaly for cobalt nickel to be completed
- Thomas Creek TCDD004 drilling approval received ahead of schedule
- The drill rig will now be mobilised to Thomas Creek
Click here to read the full Accelerate Resources (ASX:AX8) press release.
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