Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Friday 10th of February 2012
Monday, April 7, 2008

Western Areas announces record nickel intersection at Forrestania

Western Areas announces record nickel intersection at Forrestania

Australian miner, Western Areas, has announced the discovery of a record nickel intersection at the Forrestania Nickel Project.

According to the press release, drill hole WBD 064 at Spotted Quoll intersected 17.3m at an estimated average grade of 9.8% nickel and 0.5% copper from 231.4m depth.

The estimated grade of the intersection is based on 208 separate readings using a Niton portable XRF analyser, and formal assay results are required to confirm the nickel and copper grades.

The massive sulphide seen in the drill core is significant the following reasons:
• it contains widespread visible pentlandite (nickel sulphide),
• there are no barren zones or inclusions of waste rock
• it highlights the strength of the mineralised system at Spotted Quoll

The company has also reported assay results for WBD 056, one of the shallowest drill holes to date at Spotted Quoll.

The drill hole intersected 10.3m @ 10.6% nickel from 43.8m, highlighting the excellent potential that exists for shallow high grade mineralisation at Spotted Quoll.

Further drilling will be required to test from surface to 30m depth in this area.

 


Related posts to: Western Areas announces record nickel intersection at Forrestania

Western Areas reports on high grade nickel at Spotted Quoll ...

Western Areas update on Spotted Quoll nickel project ...

Western Areas declares Spotted Quoll results outstanding ...

Western Areas reports positive results for Cathedrals Prospect ...

Halo Resources provides drilling results ...

Latest Metals News:

Latest News  Gold ends session lower in New York, but gains on week

Latest News  Gold prices retreat after setting new intraday high

Latest News  Gold closes at $1,666 per ounce in New York trade

Latest News  Gold prices at new records on disappointing US data

Latest News  Gold prices lower but comes off session lows on manufacturing data

Latest News  Gold sets new intraday, closing highs to end trading week in New York

Latest News  Copper rises; precious metals prices see declines

Latest News  Gold prices drop on profit-taking, stronger US dollar

Latest News  $1,616.80 per troy ounce: Another record high for gold

Latest News  Gold trades as high as $1,624.30 per ounce in New York


Previous: «
Next: »

Visited 3159 times, 1 so far today

Gold ($/troy ounce):

Silver ($/troy ounce):

Platinum ($/troy ounce):