Planet Exploration Inc. ((TSXV:PXI) reported high resolution scanning electron microprobe (QEMSCAN) survey test results from the large nickel-cobalt mineralized intrusion with ten square kilometres of surface exposure at the Golden Loon project in southern British Columbia.

As quoted in the press release:

Mapping, drilling and geophysical results suggest an exploration target of more than a billion tonnes of mineralized ultramafic intrusion above ground in the vicinity of drilling, present in a low hill.  This presents a highly favorable and potentially cost-saving geometry for ongoing exploration and potential development.  An existing power line runs over a section of this hill. The main mineralized target is less than 1 kilometre from paved highway, and less than 2 kilometres from an active rail line.

Click here to read the Planet Exploration Inc. (TSXV:PXI) press release
Click here to see the Planet Exploration Inc. (TSXV:PXI) profile.