Abitex and Continental Announce Nickel Results at St. Stephen Project

Abitex Resources Inc. (TSXV:ABE) announced assay results from the 2011 drilling program on the St. Stephen nickel-copper project in Canada confirming sulphide mineralization.

As quoted in the press release:

Highlights include: 2.35% nickel and 1.06% copper over 5.45 metres from drill hole SSD11-013 at the new Hanson Brook target, and 0.68% nickel and 0.41% copper over 58.2 metres, including 0.85% nickel and 0.48% copper over 20.8 metres from drill hole SSD11-011 at the “G” zone. Continental Nickel Limited (“Continental” or “CNI”) (TSXV: CNI) can acquire an initial 50% and up to a 75% interest in the St. Stephen project under the terms of an option agreement with Abitex. CNI is the operator during the option period.

Click here to read the Abitex Resources Inc. (TSXV:ABE) press release.