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Outstanding Copper-Nickel Discovery 28 Oct, 2024
OUTSTANDING COPPER-NICKEL DISCOVERY
📍Massive sulphide intercept in hole OVD021 of 8.8m @ 6.08% Cu, 3.19% Ni, 1.63g/t E3, 0.11% Co (CuEq 12.57%) from 107.2m is encountered in between high-grade zones of:
– Dense disseminated intercept – 7.85m @0.75% Cu, 0.78% Ni, 0.15g/t E3, 0.04% Co (CuEq 2.25%) from 99.35m and
– Net textured intercept – 15.8m @ 1.36% Cu, 1.00% Ni, 0.44g/t E3, 0.04% Co (CuEq 3.4%) from 116m.
📍 OVD021 is located within 800m+ of strike which remains open at depth and in the SE, NW, NE and SW directions. The copper-nickel sulphide mineralisation represents a new style of deposit for the South Western part of Mongolia.
📍 Drilling to recommence immediately upon receipt of Downhole Electromagnetics (pending).
