Cassini Resources defines copper, nickel over 400 metres strike at WA target - Proactiveinvestors (AU)

Proactiveinvestors Australia

Cassini Resources www.cassiniresources.com.au/

Cassini Resources (ASX: CZI) is focused on exploration across 14 tenements in Western Australia considered prospective for gold, nickel, copper, platinum group elements and base metals.

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Cassini Resources defines copper, nickel over 400 metres strike at WA target

Thursday, September 12, 2013 by Proactive Investors

Cassini Resources defines copper, nickel over 400 metres strike at Pandora target in Western Australia

Cassini Resources defines copper, nickel over 400 metres strike at Pandora target in Western Australia

Cassini Resources (ASX: CZI) has confirmed copper and nickel anomalism over 400 metres of strike at the Pandora target within its West Musgrave Project in Western Australia from initial reverse circulation drilling.

This confirms mineralisation in a previously untested geological domain and also proves its targeting technique is effective for identification of concealed nickel‐copper sulphide deposits within the project area.

Assays include 7 metres grading 0.1% copper and 635ppm nickel from 48 metres and 1 metre at 0.14% copper and 0.11% nickel from 78 metres.

Analysis of down‐hole geological and geophysical data indicates that the massive magnetite intersected over significant down‐hole intervals is the source of the observed surface and airborne electromagnetic geophysical anomaly.

These assays reinforce the belief that Giles Complex magmatism, prospective for nickel‐copper sulphide, extends into the Company’s project area and that this represents a large and previously unexplored extension of the West Musgrave mineralised province.

Further drilling is being designed in parallel with thorough interpretation of the results, which is currently ongoing.

The company will now progress other untested anomalies and systematically prioritise and evaluate their prospectivity in the light of the encouraging results at the Pandora target.

 

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