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Assays Confirm Significant High-Grade Magmatic Nickel Sulphide
Discovery
HIGHLIGHTS
Assays results from CBDD030 confirm the high-grade nature of the magmatic nickel sulphides
intersected at the T5 Prospect located 1.1km from the Carr Boyd Mine
Results include:
o 2.5m @ 3.66% Ni, 0.46% Cu, 0.16% Co, 2.09g/t Ag & 0.78g/t Au+Pt+Pd, with 2.98%
MgO; within a zone grading
o 3.7m @ 2.85% Ni, 0.65% Cu, 0.13% Co, 2.58g/t Ag & 0.75g/t Au+Pt+Pd, with 5.65%
MgO;
o Overall grade of sulphide zone grades 13.9m @ 1.07% Ni, 0.39% Cu, 0.05% Co,
1.56g/t Ag & 0.48g/t Au+Pt+Pd, with 10.84% MgO;
The results support the potential for mineralisation to be high-grade and low in deleterious
elements, which is a typical feature of magmatic nickel deposits compared to many komatiite
nickel deposits
Following up diamond core drilling utilising 2 drill rigs is scheduled to commence imminently
The DHTEM plates and mineralisation are unconstrained; open up down dip, along strike to the
north and south as well as to the east of the hole (see Figure 3
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