(via NewsDirect)
A key highlight emphasized by Fraser is the nickel mineralization's host rock: orthopyroxenite. This particular geological formation is integral to the host rock assemblage identified at the nearby Rottenstone deposit, renowned for its exceptionally high-grade nickel, copper, and platinum group elements (PGE). The proximity of the mineralization to the historic Rottenstone deposit, located approximately 1.2 kilometers to the northeast, underscores the potential significance of this discovery.
Of particular importance is the 10% nickel tenor defined in intervals comprising less than 3% sulphide in drillhole AL24077. This observation suggests the possibility of net-textured to massive sulphide mineralization occurring along strike, and potentially at depth, within the same ultramafic unit. If realized, this could pave the way for the development of a mineral deposit boasting metal grades akin to those of the historic Rottenstone deposit, marking a significant milestone in
Fraser also provided an update on drilling activities at the flagship
As
Contact Details
Proactive
+1 604-688-8158
na-editorial@proactiveinvestors.com
Copyright (c) 2024 TheNewswire - All rights reserved.
Copyright (c) 2024 TheNewswire - All rights reserved., source