Figure 1 – Spartacus Prospect. Interpreted ultramafics and previous drilling results on
January 19, 2011
Falcon Minerals announced that recent detailed geochemical sampling conducted has defined at least four high-calibre poly-metallic drill targets at the Spartacus Prospect, 6 km along strike north from the Olympia mineralized zone, at Collurabbie located in Western Australia. The soil geochemistry indicates several areas of highly anomalous, coincident nickel-copper-PGEs with maximum nickel result of 1170ppb Ni.
Falcon announced final assay results from diamond drilling program at the Olympia prospect within Collurabbie Jv project located in the Duketon Greenstone Belt, Western Australia. Highlights include hole CLD196 which intersected 2.74 m of 2.03% nickel, 1.06% copper and 2.0 g/t platinum plus palladium, including 0.84 m of 3.18% nickel, 0.97% copper and 2.57 g/t platinum plus palladium.
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