Cassini continues run of results with Nebo drilling

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THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has released further high-grade drilling results from an ongoing infill drilling program being carried out at the Nebo deposit within the company’s 100 per cent-owned West Musgrave project, located in Western Australia.

The company has received results from another 21 holes from Nebo, which include:

CZC0036
12 metres at 2.25 per cent nickel, 1.17 per cent copper from 91m within 34m at 1.32 per cent nickel, and 1.11 per cent copper from 77m;

CZC0029
8m at 2.26 per cent nickel, 1.57 per cent copper from 46m;

CZC0006
12m at 1.56 per cent nickel, 0.88 per cent copper from 118m and 5m at 1.96 per cent nickel, and 1.71 per cent copper from 135m;

CZC0037
12m at 1.23 per cent nickel, 0.44 per cent copper from 103m;

CZC0018
6m at 1.13 per cent nickel, 1.28 per cent copper from 29m within 23m at 0.68 per cent nickel, and 0.89 per cent copper from 15m;

CZC0040
8m at 1.15 per cent nickel, 1.04 per cent copper from 24m within 28m at 0.68 per cent nickel, 0.65 per cent copper from 9m; and

CZC0042
5m at 1.62 per cent nickel, 0.69 per cent copper from 93m within 25m at 0.65 per cent nickel, 0.51 per cent copper from 93m.

Cassini indicated it is waiting on further assay results, which it expects will continue to demonstrate extensions of this high-grade massive sulphide breccia zone along strike.

The company believe the latest results have already shown continuity greater than what has been predicted by its current resource model (particularly on section 372200E) and anticipates it to have a positive impact on a new Resource Estimate scheduled to commence at the end of the program.

“The results from the Nebo drilling program continue to surpass our expectations,” Cassini Resources managing director Richard Bevan said in the company’s announcement to the Australian Securities Exchange.

“The deposit is quickly becoming a premier open-pit nickel sulphide deposit.

“We are genuinely excited about the potential of these deposits, and with it, the broader region.”

Cassini said it had now completed RC Drilling at Nebo and both RC rigs have moved to Babel.

Results from approximately half of the Nebo program remain outstanding, but are expected to be received in the coming weeks.

24 holes have already been completed at Babel with first results expected by mid-November.

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Website: www.cassiniresources.com.au