This is the second significant intersection assayed in recent diamond drilling at Yappsu.
Within the broader 80-meter intersection, 5.75 metres at 0.28% nickel, 0.63% copper, 0.01% cobalt, 0.30 g/t PGEs and 0.15 g/t gold from 545 metres was intersected.
A broader zone also featured of 70.25 metres at 0.48% nickel, 0.44% copper, 0.02% cobalt, 0.34 g/t PGEs and 0.08 g/t gold from 555.05 metres.
Drilling is funded as part of the earn-in agreement with Oz Minerals Ltd (ASX:OZL).
The thickness, grades and continuity of massive sulphide mineralisation, which has been intersected in almost every hole at Yappsu drilled to date is positive.
It indicates the overall potential for the system to host additional significant accumulations of massive nickel sulphides.
Drilling recommenced at Yappsu
Drilling has now re-commenced at Yappsu to identify up-plunge and down-plunge extensions of the host intrusion.
A minimum of three holes will be drilled with results expected early in the December quarter.