Accelerate: Drilling Starts at Young Henry

- August 30th, 2018

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.

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