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May 31, 2005
Drilling to commence on the property.
December 31, 2004
Downhole electromagnetic results defined a strong off-hole conductor at a depth of 200 metres and 50 west of a mafic intrusive body hosting thin massive nickel sulphide mineralisation (grades up to 2.86% nickel). The conductor is coincident with a gravity high indicating the possibility of sulphide mineralisation hosted in a mafic rock at depth. Ground electromagnetic surveys over the regional targets have confirmed four bedrock conductors with associated gravity highs.
June 30, 2004
Four of the five drill holes at Prospect D intersected thin intervals of massive nickel sulphide (grades up to 2.86% nickel) adjacent to a thicker zone of disseminated sulphides. The mineralisation which has a strike extent of 800 metres is localized on the western contact of a mafic intrusive body. Regionally, a time-domain electromagnetic survey over a 220 square kilometre area has identified seven bedrock conductors on and adjacent to a major gravity anomaly.