Continental Nickel Limited (CVE:CNI) reports the initiation of an airborne magnetic and electromagnetic survey at a nickel-copper project.
Continental Nickel Limited (TSXV:CNI) reports the initiation of an airborne magnetic and electromagnetic survey at a nickel-copper project.
The press release is quoted as saying,
In 2010, the Company reported the discovery of three new nickel-copper sulphide zones by drill testing high priority targets (Triple J, G and Billy’s Brook) which were generated by new ground EM surveys. Highlights included 2.00% nickel and 0.56% copper over 3.3 metres, within a wider interval grading 1.0% nickel and 0.29% copper over 9.30 metres from diamond drill hole SSD10-003 drilled at Target G (Press Release, August 18, 2010) and 21.4 metres grading 0.63% nickel and 0.22% copper at the newly discovered Triple J Zone (Press Release, September 15, 2010). These discoveries represent the first significant drill intersections in the western portion of the St. Stephen intrusion and resulted directly from employing modern ground EM surveys in an area of limited past exploration. The 2011 airborne EM survey will provide new, high quality EM data across the entire intrusion including the under explored western and southern portions.