IMX Resources intersects nickel at Nachingwea JV Project

Steel Guru.com reports that IMX Resources (ASX:IXR) has intersected high grade nickel, cobalt and  copper sulphides  the first core hole  in southern Tanzania.

The story is quoted as saying:

Drill hole NAD10-220, part of the recently completed Phase II diamond drilling program, intersected 2.63 meters at 13.63% nickel, 2.17% copper and 0.21% Cobalt from a wider 23.3m interval grading 2.58% Nickel and 0.41% copper. The hole successfully tested the Sleeping Giant zone 100 meters along strike to the north of drill hole NAD10-211, which previously intersected 53.1 meters at 0.74% Ni and 0.15% Cu

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