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Australia Investing
Cassini: New Near-Mine Discovery At Nebo
Sep. 17, 2018 04:32PM PST
According to Cassini, resource extension drilling targeting the eastern end of the Nebo deposit has discovered a significant new body of mineralization, named as the Angie Lode.
Cassini Resources (ASX:CZI) has announced a successful program of resource extension drilling at the Nebo deposit within the West Musgrave Project in Western Australia.
As highlighted in the press release:
- Resource extension drilling targeting the eastern end of the Nebo deposit has discovered a significant new body of mineralization, named as the Angie Lode
- Better results include 5.6m at 2.68 percent nickel, 2.09 percent copper, 0.09 percent cobalt and 0.33 grams per tonne (g/t) platinum group elements, within a broader zone of 50.35m at 0.62 percent nickel, 0.54 percent copper, 0.02 percent cobalt and 0.15 g/t platinum group elements.
- The Angie Lode is located close to, but outside of, the current mine design and may extend over 550m of strike-length
- Follow-up resource delineation drilling now planned
- Further opportunities for the discovery of additional high-grade mineralization with the potential to positively impact mine development
Click here to read the full Cassini Resources (ASX:CZI) press release.
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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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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.
Learn about our editorial policies.