Accelerate: Diamond Drill Hole YHDD001 Completed at Young Henry Nickel Cobalt Target

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.