Buxton Resources Completes Phase I Drilling at Double Magic Project

Buxton Resources Ltd. (ASX:BUX) announced that it’s finished a maiden Phase I drill program at its Western Australia-based Double Magic nickel-copper project. The company now plans to begin two weeks of geological and geophysical investigations.
Highlights include:

• Maiden RC drilling results confirm the strong prospectivity of Double Magic with all drill tested EM conductors proven to be from the occurrence of Fe-Ni-Cu sulphide mineralisation
• DMRC003 intersected 8m (down hole) of massive and matrix sulphide grading 3.05% Ni & 1.87% Cu (previously reported on 10th August) — there has been no follow up drilling to this drill hole yet
• Of the 4 drill holes completed since DMRC003, all testing other conductors, 3 have intersected visible semi-massive, disseminated and/or disseminated-stringer sulphides (assays awaited)
• The Company’s drill contractors and earth moving contractor (CrossVerijmeren) have parked equipment up on site at Double Magic at no charge to the Company
• Phase 2 drill program is expected to commence within weeks, upon approval of statutory ground disturbance applications

Click here to read the full Buxton Resources Ltd. (ASX:BUX) press release.