Continental Nickel Announced First Assay Results From Tanzania

Continental Nickel Limited (TSXV:CNI) announced the first assays have been received from its 2012 drilling program in Tanzania that commenced in May.

As quoted in the press release:

Highlights of the 2012 Drilling Program to Date

• New sulphide mineralization assaying 1.04% nickel and 0.22% copper over 32.65 metres located near the northeastern edge of Sleeping Giant;
• Multiple intersections of disseminated sulphides in the hanging wall to Sleeping Giant assaying greater than 0.5% nickel, including 1.00% nickel and 0.20% copper over 14.80 metres;
• L Zone mineralization extended 50 metres to the south; and
• Ultramafic hosted sulphides intersected in both Ntaka and Lionja exploration holes.

Click here to read the Continental Nickel Limited (TSXV:CNI) press release.