Global Nickel Investments NL (ASX:GNI) to Commence Auger Drilling Campaign on Gold Anomalies at the Jutson Rocks Project
Sydney, Oct 13, 2011 AEST (ABN Newswire) - Global Nickel Investments NL (
ASX:GNI) are pleased to announce that the Company will be conducting an auger drill campaign this week to follow up on its recent Bulk Leach Extractable Gold ("BLEG") successes on the Jutson Rocks project (EL 38/1540).
GNI is currently targeting its recent gold BLEG successes with a close-spaced detailed infill soils programme.
This programme is to best assist with planning the aircore drilling planned for mid-November. Images of the infill programme and of the successful BLEG geochemistry are featured below, see link:
http://media.abnnewswire.net/media/en/docs/ASX-GNI-561110.pdf
The anomalous targets are very encouraging as they are immediately south/south-east of the historic abandoned Chapman's Reward gold shafts clearly demonstrating that gold is present in the immediate area. The new BLEG targets are also encouraging in that they are ideally geologically placed along fault corridors being an ideal setting for gold mineralisation.
The tenement area of E38/1540 has been recently cleared for historical significance by the Cosmo Aboriginal Community and Central Desert Native Title Services. A Programme of Work is currently with the Western Australian Department of Mines and approval is expected late this week.
About Zinc of Ireland NL
Zinc of Ireland NL (ASX:ZMI), formerly Global Metals Exploration NL, is a mineral exploration company. The Company's principal activities include mineral exploration and project evaluation. The Company's projects include Kildare Project, which is located in County Kildare, approximately 40 kilometers south-west of Dublin; Ballinasloe Project, which is located in County Galway, over 50 kilometers east of Galway/Carnmore on the Glentaun-Cloonark Regional Structure; Navan Project, which is located approximately 15 kilometers south-east of the Navan Tara mine; Sligo Project, which is located over four kilometers north of Sligo in the western province of Connacht; Monaghan Project, which is located approximately 20 kilometers south-east of Monaghan in the eastern portion of the Longford-Down Inlier; Cork Project, which is located over 15 kilometers south-west of Cork, and Galway Project, which is located approximately 25 kilometers north-west of Galway in the Neoproterozoic Dalradian Supergroup.
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