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Mincor Resources NL

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Summary

Project:

Kambalda

Deposit:Cassini
Location:Australia
Commodities:Nickel
Date:9/6/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:6-9-2019: Mincor Resources NL announces an Exploration/Drilling Update report for its Cassini deposit at the Kambalda project. Drilling results incl. 6.33m @ 7.09% Ni, 0.45% Cu, 0.12% Co from 545m. Mincor Resources NL (ASX: MCR, “Mincor” or the “Company”)
Resources:(Resource, I+I): 0.985Mt @ 3.8% Ni at Cassini
CP/QP:[Overall Report]: Rob Hartley (Internal)
ABSTRACT:Mincor Resources NL (ASX: MCR, “Mincor” or the “Company”) is pleased to advise that ongoing diamond drilling at the Cassini nickel sulphide deposit at Kambalda has intersected a high-grade massive sulphide zone which yielded an outstanding intercept of 6.3m at 7.1% Ni. The intersection is part of a drilling program to be completed over the next six weeks following the recent Cassini Mineral Resource update (see ASX announcement, 26 August 2019). The new intercept includes 4.5m at 9.0% Ni and an ultra-high-grade zone of 0.4m at 16.1% Ni which includes, for the first time, the detection of millerite (the highest grade nickel sulphide species).

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