Global Nickel Investments NL (ASX:GNI) Completion of Infill Auger Drilling and BLEG Sampling
Perth, Dec 15, 2011 AEST (ABN Newswire) - Global Nickel Investments NL (
ASX:GNI) is pleased to announce that the infill auger drilling and additional Bulk Leach Extractable Gold ("BLEG") sampling has now been completed on the structural gold corridor at the Jutson Rocks project, WA. Jutson Rocks is a relatively untested greenstone belt where the Company is looking for shear-zone hosted gold mineralisation. The project is approximately 30 kms to the NW of Gold Road Resources Limited's Central Bore project in the adjacent Yamarna greenstone belt and also borders Ausgold Limited's Winchester prospect.
A total of 241 infill auger drill samples as well as 160 BLEG soil samples have been collected at Jutson Rocks by the geological team. The auger drilling programme was designed to infill areas where encouraging results were obtained from the auger drilling programme of October this year. The BLEG samples were collected as part of a systematic programme of extending the BLEG sampling to the south as a follow up from earlier (May 2011) sampling which also produced encouraging results. Samples have been submitted to the laboratory for analysis and results are expected towards the end of January 2012.
Global Nickel has now conducted BLEG sampling over in excess of 50 km2 or 5,000 hectares at 500m by 500m centres. Global Nickel is very pleased with the gold sampling techniques it has employed at the Jutson Rocks project, and looks forward to reporting the results as soon as they are received and compiled.
Managing Director Lia Darby commented, "Good progress is being made with the extension of the BLEG sampling to a greater area of our tenement package while the auger infill drilling will assist with our deeper drill campaign expected on the new anomalies soon."
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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