Accelerate: Drilling Starts at Young Henry

Accelerate Resources (ASX:AX8) has announced that diamond drilling has commenced at the Young Henry nickel-cobalt prospect in Tasmania, and is currently at a depth of 50m, with a planned depth of 200m.

As highlighted in the press release:

• Young Henry nickel-cobalt drilling targets 300m long FLEM plate with associated nickel cobalt gossans and soil geochemistry.
• Diamond hole YHDD001 has a target depth of 200m.
• Adjacent Henrietta target includes 1.4km VTEM anomaly with surface samples returning cobalt grades up to 0.14 percent.
• Thomas Creek drilling results due imminently.

In the release the company said its next steps were to update drill results at the Thomas Creek copper-cobalt target, and field exploration of the Henrietta nickel-cobalt target adjacent to Young Henry.

Click here to read the full Accelerate Resources (ASX:AX8) press release.