Chase Mining Ltd (ASX:CML) has gained further evidence that a significant nickel discovery could be hosted within its Lorraine and Alotta-Delphi-Zullo (ADZ) Project areas in Quebec, Canada.
Processing of the survey has identified six strong massive sulphide conductors ranked as high-priority targets – five at Lorraine and one at ADZ.
A diamond drill program of up to 2,500 metres has been budgeted to test the Lorraine high-priority targets.
Notably, drilling will partly coincide with a site visit by company directors Leon Pretorius and Martin Kavanagh in early June.
Chase is also focused on its Torrington Topaz Project in New South Wales for which it recently received a conditional offtake offer for topaz concentrate.
Chase Mining shares have been running lately, trading up another 19.3% today to 3.7 cents.