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Legend Mining Ltd.
Summary
| Project: | Rockford | |
|---|---|---|
| Deposit: | Area D | |
| Location: | Australia | |
| Commodities: | Nickel-Copper-Magnesium | |
| Date: | 12/18/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-12-2017: Legend Mining Ltd. announces an Exploration/Drilling Update report for its Area D deposit at the Rockford project. Drilling results incl. 10m @ 0.09% Ni, 0.10% Cu, 0.01% Co, from 56m. Legend Mining Limited (“Legend”) is pleased to announce pet | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Derek Waterfield (Internal) | |
| ABSTRACT: | Legend Mining Limited (“Legend”) is pleased to announce petrology from the bottom of hole (“BOH”) sample from RKAC151 and final assay results (20 holes) from the recent Area D aircore drilling at its Rockford Project in the Fraser Range of Western Australia, see Figure 1. Legend Managing Director Mark Wilson said, “The petrographic identification of an olivinerich gabbronorite with associated anomalous nickel-copper-cobalt is good news for Legend shareholders. This is the host rock for the Nova ore body. The anomalous nickel-copper assays from drillhole RKAC167, which is 1.6km from hole RKAC151, starts to identify the potential scale of this anomalous footprint.” Petrological examination of the BOH sample in aircore drillhole RKAC151 has identified the host rock as a weathered olivine-rich gabbronorite orthocumulate (Photo 2), which is a favourable host rock for nickel-copper mineralisation. The significance of this host rock is further enhanced by the assay results from RKAC151, which returned an intersection of 47m @ 0.29% Ni, 0.12% Cu and 0.03% Co from 64m to end of hole (previously announced 11 December 2017). The peak nickel value of 0.40% Ni cannot be fully explained by nickel-in-olivine, when related to the amount of olivine originally present in the gabbronorite, however the value can be explained by the weathering of primary nickel sulphides. | |
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