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Buxton Resources Ltd.

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Summary

Project:

Double Magic

Deposit:Conductor H
Location:Australia
Commodities:Nickel-Copper-Cobalt
Date:9/17/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-9-2018: Buxton Resources Ltd. announces an Exploration/Drilling Update report for its Conductor H deposit at the Double Magic project. Drilling results incl. 6m @ 2.02% Ni, 0.80% Cu, 0.05% Co from 236m. Buxton Resources Limited (ASX:BUX) updates the ma
Resources:x
CP/QP:[Overall Report]: Derek Marshall, Eamon Hannon (Internal)
ABSTRACT:Buxton Resources Limited (ASX:BUX) updates the market that laboratory assays for DMDD0016 through to DMDD0018 have been received with each hole returning strong Nickel Copper Cobalt mineralisation (Table 1). Drilling has recommenced at the Double Magic project and is planned to test several different targets including Conductor J and Conductor H. Managing Director Eamon Hannon commented; “The ongoing 2018 Merlin drill program has demonstrated multiple locations hosting high grade Ni-Cu-Co sulphide mineralisation at minable widths. High grade corridors are clearly developing with each of these corridors and Conductors remaining open in all directions.” All holes from the current 2018 drill program (Figure 2, Table 2) have intersected visible nickelcopper sulphide mineralisation, including numerous occurrences of brecciated massive sulphide with coarse pentlandite and chalcopyrite from numerous open conductors

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