The drilling continues to confirm the significant potential of the Rice Island deposit with every drill hole intersecting semi-massive and massive sulphides containing high-grade nickel and copper mineralization at the Main Zone and at a newly discovered zone known as the New Lower Zone.
RICE ISLAND DRILL RESULTS
The most significant result arising from the 4 drill holes reported in this news release is the discovery of a new zone of nickel-copper mineralization situated structurally below the Main Zone, known as the New Lower Zone (NLZ). The NLZ was discovered while drilling an airborne conductor (VTEM) that appears to represent an extension of the Main Zone of nickel-copper mineralization. Three holes collared on the same set-up at different inclinations, all intersected the NLZ at relatively shallow depths highlighted by drill intercepts of 1.14% Ni, 0.70% Cu over 14.1 metres (m) (including 2.66% Ni, 0.77% Cu over 2.20 m & 2.90% Ni, 1.11% Cu over 2.00 m) as well as 1.07% Ni, 0.83% Cu over 6.30 m (including 1.82% Ni, 0.73% Cu over 2.40 m). Drill results in the Main Zone include 1.18% Ni, 0.69% Cu over 51.90 m (including 3.29% Ni, 1.32% Cu over 12.40 m) with full highlight results summarized in the table below.
Read the full release here: Wolfden Resources Drilling Dec 2015