Drilling identifies new nickel prospect at Lignum Dam
Filed with ASX · · 12 pages · English
Summary by 6ix AI
Mithril Silver And Gold Limited has released an update on drilling activities at the Lignum Dam Project, identifying a new nickel prospect named Mexi. The aircore drilling program has intersected significant zones of anomalous nickel, copper, and platinum group elements within weathered ultramafic rocks. The company plans to conduct a ground EM geophysical survey to further investigate the potential for nickel sulphide mineralization at depth. Additionally, other drill holes have shown zones of gold anomalism that will require follow-up sampling and inspection.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Mithril Silver and Gold Limited on 6ix
Story so far
Earlier from Mithril Silver and Gold
- December 2016 Quarterly Cashflow Report
- Drilling underway at Lignum Dam
- MIthril to drill priority gold targets at Lignum Dam
- September 2016 Quarterly Cashflow Report
- MTH: Doray gold drilling underway at Duffy Well
Later from Mithril Silver and Gold
- Copper Nickel Cobalt Exploration Update
- Successful Placement to Underpin Copper & Nickel Exploration
- Cobalt potential highlighted Nanadie Well Copper Deposit
- Drilling to resume at the Mexi Nickel Prospect
- Government drilling underway at Coompana
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