Abitex JV Partner begins diamond drilling program on St. Stephen nickel-copper property in New Brunswick

About this update from Vision Lithium, Inc.

[{"type":"text","content":"\n\n\n\n Jun. 9, 2010 (Canada NewsWire Group) -- VAL-D'OR, QC, June 9 /CNW Telbec/ - Abitex Resources Inc. (TSX-V: ABE) (the "Company" or "Abitex") is pleased to announce that Continental Nickel Limited (TSX-V: CNI) ("Continental") of Toronto, Ontario has commenced a diamond drilling program on the St. Stephen nickel-copper sulphide project in New Brunswick. The property is 100% owned by Abitex Resources. Under an option agreement signed in 2008, Continental Nickel can acquire an initial 50% interest and up to a 75% interest in the project.\nAccording to Continental, the drilling program will consist of up to eight diamond drill holes, totalling approximately 1,500 metres. The drill holes will test the following targets:\n\n\n >\n\n\nContinental anticipates that the drilling program will be completed by early July and that the first assay results will be received in late July.\nYves Rougerie, President & CEO of Abitex Resources, reported "We are very pleased with the progress made by Continental Nickel on the St. Stephen property, as evidenced by the success of the 2009 TDEM geophysical survey, which discovered new, high conductance EM anomalies near and adjacent to known nickel-copper sulphide zones. The current program is focussed on drill testing these new EM targets as well as drilling for possible extensions of nickel-copper sulphide mineralization at the Rogers Farm and E Zones."\nAt the Rogers Farm zone, two drill holes are planned. The first drill hole will test an EM anomaly that may represent a possible extension of the zone to the north along strike, and the second drill hole will test for a possible extension of mineralization at a depth of approximately 250 metres, largely below the level of previous drilling. Two holes are also planned at the E Zone to test a moderate strength EM anomaly where the results of EM plate modelling indicate that conductance increases with depth. Historic drilling at the E Zone has intersected mineralization grading up to 0.95% nickel and 0.45 % copper over 9.15 metres at shallow depths (less than 100 metres).\nTwo new EM anomalies, Billy's Brook and Triple J, that were discovered in the 2009 TDEM survey, will be drill tested in this drill program. The Billy's Brook anomaly is located approximately 700 metres west of the historic Rogers Farm Deposi...

More updates from Vision Lithium, Inc.