Buxton Updates on Phase II Drilling at Double Magic

Nickel Investing

Buxton Resources Ltd. (ASX:BUX) announced that Phase II drilling at its Double Magic nickel-copper project is going well. Since the company’s last update on September 4, 2015, 892 meters have been drilled across eight holes.

Buxton Resources Ltd. (ASX:BUX) announced that Phase II drilling at its Double Magic nickel-copper project is going well. Since the company’s last update on September 4, 2015, 892 meters have been drilled across eight holes.
Further highlights are as follows:

  • Minerlisation of comparable high tenor sulphide mineralisation to discovery hole DMRC0003 has been intersected by two additional drill holes at Conductor D (DMRC0016 & DMRC0017)
  • A further three holes (DMRC0010, 11 and 12) drilled close to DMRC0003,  DMRC0016 and DMRC0017 at Conductor D returned low levels of visible sulphides
  • Drilling is continuing to explore for extensions and to further understand the mineralisation system and geometry at Conductor D in addition to testing other targets within the prospect
  • Down-hole TEM program completed
  • High power large fixed loop TEM survey completed
  • Diamond drilling program commenced
  • Heli-borne VTEMmax survey to commence at the end of the week

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

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