Planet Exploration Finds Nickel-Cobalt-Silver Platinum Intrusion

Planet Exploration Inc. (TSX:PXI) announced drill results from the large nickel, cobalt, silver and platinum mineralized ultramafic intrusion that at the Golden Loon property.

As quoted in the press release:

Planet assayed drill core from 8 holes totalling 1380 metres, completed in two drill fences across a 2.2 kilometre by 600 metre area. Drill holes have an average depth of 172 metres. All drill holes end in mineralization.

Results include potential to develop an exploration target in the range of 500 million to 1 billion tonnes of mineralized intrusion grading 0.09% to 0.33% nickel plus accompanying cobalt, silver and platinum mineralization, present from surface with no cover rock.

Click here to read the Planet Exploration Inc. (TSX:PXI) press release.