Accelerate: Drilling to Test Young Henry Nickel-Cobalt Target

Aug. 20, 2018 08:15AM PST

A diamond drill rig is planned to be mobilized from Thomas Creek to the Young Henry site.

Accelerate Resources (ASX:AX8) has announced that environmental approval has been received from Mineral Resources Tasmania for upcoming drilling at the Young Henry nickel-cobalt target, identified within Accelerate’s Tasmanian Mt Read project.

As quoted in the press release:

Young Henry lies immediate west of the 1.4km long Henrietta VTEM anomaly, and 18 km north-northwest of Thomas Creek copper-cobalt-nickel. A diamond drill rig is planned to be mobilized from Thomas Creek to the Young Henry site during this week, with drilling expected to commence thereafter.

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

Scott Tibballs

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.