MUSGRAVE MINERALS LIMITED - Musgrave confirms Ni-Cu targets at Deering Hills

Musgrave confirms Ni-Cu targets at Deering Hills

Wed, 27 Feb 2013 10:15am

Musgrave Minerals has confirmed and defined the nickel-copper geochemical target at Minbar and a Platinum Group Element (PGE) target at Alvey through vacuum drilling at the Deering Hills Project (Figure 1). Results from shallow vacuum drilling at Minbar have returned highly anomalous nickel, copper and PGE values over an area that is 1.5km in length. The target is within gabbroic, pyroxenitic and ultramafic rock types which are the favourable rock types to host nickel sulphide mineralisation in the region. Peak values are 1847ppm Ni, 482ppm Cu and 121ppb Pt + Pd (PGE). The results are encouraging and will focus ground electromagnetics (EM) surveys in the coming months. MORE

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