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Royal Nickel Corp.
Summary
| Project: | Beta Hunt Mine | |
|---|---|---|
| Deposit: | A Zone | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/10/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 10-4-2017: Royal Nickel Corp. announces an Exploration/Drilling Update report for its A Zone deposit at the Beta Hunt Mine project. Drilling results incl. 7.08m @ 8.28g/t Au from 88.95m. RNC Minerals (TSX: RNX) (“RNC”) is pleased to announce positive infi | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: S Devlin, Alger St-Jean, Kevin Small (Salt Lake Mining Pty Ltd.;Internal) | |
| ABSTRACT: | RNC Minerals (TSX: RNX) (“RNC”) is pleased to announce positive infill drilling results following the discovery of a significant extension of the A Zone gold structure at its Beta Hunt Mine in Western Australia. “Following the discovery of the high grade A Zone extension, which increased the known strike length by 500 metres to 1.7 kilometres, infill drilling results have increased our confidence that the southern-most extension of the A Zone has the potential to become an important production area in the near-term as it lies within 35 metres of existing infrastructure and is above the current development level of the Western Flanks decline. I am also pleased with infill drill results at the lower boundary of the A Zone area, which show the potential to expand the resource in this area.” said Mark Selby, President and CEO of RNC. Additional drill holes completed since RNC’s news release dated January 18, 2017 highlight the continuity of gold mineralization in the southern extension of the A Zone (see Figure 1), where RNC previously announced the extension the strike length of 1.2 kilometres by a further 500 metres or more than 40%. The southern extension occurs 2 directly below the previously mined contact-related historical Hunt nickel deposit. | |
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