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Hannans Begins Drill Testing at its Nickel Sulphide Project
May. 02, 2017 09:32AM PST
Base Metals Investing Hannans (ASX:HNR) advises that diamond drill testing of the highest priority geophysical target at the 100% owned Queen Victoria Rock (QVR) nickel sulphide project located approximately 50km south-west of Coolgardie, Western Australia (refer to Figure 2 on page 2 for a Location Map) is currently in progress. As quoted in the press release: This highest …
Hannans (ASX:HNR) advises that diamond drill testing of the highest priority geophysical target at the 100% owned Queen Victoria Rock (QVR) nickel sulphide project located approximately 50km south-west of Coolgardie, Western Australia (refer to Figure 2 on page 2 for a Location Map) is currently in progress.
As quoted in the press release:
This highest priority off-hole DHEM target2 (Priority 1) is considered consistent with a massive sulphide source – the survey was completed within Hannans drillhole QVD13 completed in December 2016.3 New drillhole QVD15 will be drilled to 350m depth and a geophysical survey (DHEM) will then be completed looking for ‘off-hole’ conductors that may represent a massive sulphide source.
The second highest off-hole DHEM target4 (Priority 2) is interpreted to be located below drillhole QVD11 drilled in 2005. This particular hole was surveyed in 2005 using an older geophysical system5 so Hannans will take the opportunity to re-survey the hole with a modern system whilst it is on site to validate and refine the target for drill testing.
Once the drillhole reaches target depth, drill core logged, samples assayed and the geophysical surveys completed and interpreted the full results will be released to ASX.
Click here to read the full text release.