Mincor encounters nickel hits across three sites

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THE DRILL SERGEANT: Mincor Resources (ASX: MCR) has reported high-grade nickel intersections at all three of the company’s potential new development opportunities in the Kambalda Nickel District of Western Australia.

The company encountered the intersections at its Cassini and Voyce discoveries and at the Durkin North deposit.

At Cassini, a step-out drill-hole intersected strong and thick nickel mineralisation 130 metres down-plunge of previous drilling, with mineralisation now defined over a 430m plunge length, returning: 6.73m at 4.81 per cent nickel (estimated true width 6.21m).

At Voyce, drilling hit a high-grade and thick nickel intersection at shallow depth, linking the N02 and N03 ore pods returning: 8.81 at 7.72 per cent nickel (estimated true width 7.62m).

 

Voyce long section. Source: Company announcement

 

At Durkin North, the first drill-hole completed as part of a resource infill and upgrade program intersected better-than-expected mineralisation within the resource envelope returning: 2.39m at 6.45 per cent nickel (estimated true width 2.04m).

“While it is still early days, the grade and predictability of the mineralisation at Cassini is extremely positive, with this latest intersection all-but confirming a very significant new nickel sulphide discovery,” Mincor Resources managing director David Moore said in the company’s announcement to the Australian Securities Exchange.

“At Voyce, the sheer quality of the latest intersection is breathtaking – and to have that so close to surface strengthens our growing belief that a viable and profitable operation may be possible there, only a few kilometres south of Mariners.

“And then there is Durkin North, where we already have 20,000 tonnes of nickel metal in a high-grade resource.

“We think there is potential to add significantly to the resource and this first hole has given us the hoped-for positive start to the drilling program.

“With six rigs at work – three on surface and three underground – we hope to continue a strong news flow as exploration advances on these very promising projects.”

Website: www.mincor.com.au