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URU Metals Ltd.
Summary
| Project: | Zebediela | |
|---|---|---|
| Deposit: | Zebediela | |
| Location: | South Africa | |
| Commodities: | Nickel-PGM-Gold | |
| Date: | 10/11/2017 | |
| Report Code: | (other Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-10-2017: URU Metals Ltd. announces an Exploration/Drilling Update report for its Zebediela deposit at the Zebediela project. Drilling results incl. 9m @ 0.15% Cu, 0.43% Ni, 1.97g/t 3PGE+Au from 90.4m. URU Metals is pleased to announce the successful co | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Richard Montjoie (Internal) | |
| ABSTRACT: | URU Metals is pleased to announce the successful conclusion of its recent three-hole drilling programme on the Zebediela Project, located in Limpopo, South Africa, which exceeded all expectations. On the back of these excellent results, further drilling will commence within the first week of November in order to trace the extent of the PGE mineralisation obtained in drill hole Z019. John Zorbas, CEO of URU Metals, commented: '' We are delighted by the resent results delivered from ongoing drilling at Zebediela. I am grateful to our team for the industrious nature in which they have worked, by not only proving the continuity of the nickel mineralisation from the existing nickel mineral resource estimate but additionally discovering semi-massive sulfides in the footwall to the mineral resource estimate. Our initial work program has shown the Project to contain significant copper, nickel, and PGE content. We have also identified a substantial intersection containing PGE mineralisation with base metal credits above those typically obtained on the Platreef. As a team, we are thrilled by these result and excited at the future prospects as we now begin tracing the extent of mineralisation, where we intend to demonstrate additional value to the resource.'' | |
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