Business
Hanns Camp Drilling Complete
Hanns Camp Drilling Complete.
About this update from Strategic Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 3625B Strategic Minerals PLC 16 June 2016 \n\n16 June 2016\nStrategic Minerals plc\n(\"Strategic Minerals\" or the \"Company\")\nHanns Camp Drilling Complete and Anomalous Nickel and Platinum Assays Received\nStrategic Minerals PLC (AIM: SML; USOTC; SMCDY), the multi-minerals production, exploration and development company, is pleased to announce that the maiden drill programme at its Hanns Camp project is complete. The Company has also received the first assays from the programme relating to the weathered material drilled as part of the Reverse Circulation (RC) pre-collars. These included anomalous nickel and platinum intervals in holes HC001 and HC003. \nHighlights:\n· Maiden Hanns Camp drill programme complete\n· Anomalous nickel intervals in holes HC001 and HC003\n· Anomalous platinum interval in hole HC003\n· Sampling of diamond core is underway\nAll three of the initial targets were tested during the drill programme, with HC001 targeting the Forrest electromagnetic (EM) conductor, HC002 Stirling and HC003 Canning. A total of 850.2m was drilled and details can be found in Table 1 below.\n\n\n\n\nHole ID\n\n\nTarget\n\n\nRC Depth (m)\n\n\nFinal Depth (m)\n\n\nMetres East (mE)\n\n\nMetres North (mN)\n\n\nMetres Relative Level (mRL)\n\n\nAzimuth\n\n\nDip\n\n\n\n\nHC001\n\n\nForrest\n\n\n70\n\n\n317.8\n\n\n451564\n\n\n6839020\n\n\n504\n\n\n270\n\n\n-60\n\n\n\n\nHC002\n\n\nStirling\n\n\n250\n\n\n330.7\n\n\n452260\n\n\n6837499\n\n\n511\n\n\n270\n\n\n-60\n\n\n\n\nHC003\n\n\nCanning\n\n\n80\n\n\n201.7\n\n\n451919\n\n\n6838300\n\n\n510\n\n\n270\n\n\n-60\n\n\n\n\nTable 1 - Hanns Camp Drill Hole Collar Data (UTM GDA94 MGA, Zone 51)\nThe Directors take encouragement from the initial observations from this programme with the following key factors established:\n· Extensive intervals of cumulate high-Mg Komatiite ultramafics in all holes\n· Sulphides (including Pentlandite) are present in the system\n· Basal contact of the Komatiite flow established\nBy establishing these three factors, the Directors are confident that Hanns Camp is positioned in the favourable geological setting for typical West Australian Yilgarn nickel sulphid...