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OSSA MORENA

Cu
3.30
USD/lb
-2.60
red
Data as of May 23, 2013 12:00AM UTC
Ni
6.69
USD/lb
-2.70
red
Data as of May 23, 2013 12:00AM UTC
Pt
1,453.50
USD/oz
0.07
green
Data as of May 24, 2013 09:59PM UTC


Key Facts
Status: Exploration
Type of Work: Surface
Location: Spain
                 

Commodities: Copper, Nickel, Platinum
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Latest Information
December 31, 2008
A total of 4,596 metres in 16 holes was drilled in 2008. A decision was made to curtail the regional exploration program and farm out these properties. Offers of interest are being considered
September 30, 2008
A total of 2,844 metres in eight drill holes was completed at the Cortegana nickel-copper project testing coincident airborne electromagnetic and nickel/copper-in-soil anomalies. Two target zones (Sojalva and Merendero) were drilled during the third quarter and intercepted zones of low-grade, disseminated sulphide mineralization
June 30, 2007
Four holes were completed. A small drilling program has also been conducted on the Cortegana project consisting of three holes on the main Tejadillas prospect. Exploration drilling at the Argallón nickel project continued targeting coincident geochemical and geophysical anomalies in the search for shallow, open pittable, low to mid grade mineralization mostly related to disseminated sulphides. Two holes hit wide intervals of weak to moderate disseminated magmatic sulphide mineralization hosted by altered troctolitic gabbros. Drill hole ARG-10 had a composite mineralized interval of 19.50 metres (just from surface) at 0.15% nickel and 0.07% copper, while drill hole ARG-11 had a composite mineralized interval of 42.80 metres at 0.13% nickel and 0.05% cooper, being the highest individual result 0.25% nickel over 1.0 metre interval. These two holes were drilled on the 500 metres long east soil anomaly where previous drilling encountered mineralized intervals running up to 0.58% nickel and 0.45% copper.

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