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S2 Resources Ltd.

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Summary

Project:

Polar Bear

Deposit:Gwardar
Location:Australia
Commodities:Nickel-Copper
Date:4/14/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:14-4-2020: S2 Resources Ltd. announces an Exploration/Drilling Update report for its Gwardar deposit at the Polar Bear project. Drilling results incl. 24.68m @ 0.88% NI, 0.1% Cu from 241m. S2 Resources Ltd (“S2” or the “Company”) advises that low cost exp
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: John Bartlett (Internal)
ABSTRACT:S2 Resources Ltd (“S2” or the “Company”) advises that low cost exploration and project generation work is proceeding in Western Australia (“WA”), where its activities are not currently impacted by any COVID19 pandemic countermeasures. The Company has received additional results from nickel drilling at its Gwardar prospect, (where it owns 100% of the nickel rights), has commenced reconnaissance exploration on its newly granted Fraser Range ground, and has applied forseveral large exploration licences over nickel sulphide targets recently identified along the western margin of the Yilgarn Craton in WA. These results extend the mineralisation defined by hole SPBD0364 located approximately 100 metres south along strike, which intersected numerous 1-5 metre wide intervals of disseminated nickel sulphide mineralisation and 1.63 metres of massive sulphide grading 2.22% nickel (refer to S2 ASX announcement dated 18 March 2020), and also extend the mineralised zone 100 metres down plunge from previous hole SPBD360, which intersected a broad disseminated sulphide zone (17.83 metres @ 0.69% nickel) with several narrower, higher grade intervals including 0.75 metres @ 2.41% nickel, 0.68 metres @ 3.31% nickel and 3.33 metres @ 1.38% nickel (refer to S2 ASX announcement dated 22 July 2019).

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