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Accelerate 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.
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.
Scott has a Master's Degree in journalism from the University of Melbourne and reports on the resources industry for INN.
Scott has experience working in regional and small-town newsrooms in Australia. With a background in history and politics, he's interested in international politics and development and how the resources industry plays a role in the future.
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Scott has a Master's Degree in journalism from the University of Melbourne and reports on the resources industry for INN.
Scott has experience working in regional and small-town newsrooms in Australia. With a background in history and politics, he's interested in international politics and development and how the resources industry plays a role in the future.
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