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VARALLO (PIEMONTE)
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Key Facts
Location:
Italy
0 km West of MILAN Commodities: Copper, Gold, Nickel
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Comparable Properties |
Latest Information October 10, 2006 At Campello Monti chip sampling from disseminated sulphides gave the following results 0.455% Ni, 0.06% Cu, and 0.018% Co (Hole CM-06-21) and 0.24% Ni, 0.05% Cu and 0.02% Co (Hole LB-06-01) at La Balma. Recent sampling of sulphides from Sella Bassa, Alpe Del Laghetto, Valmaggia old dumps returned high nickel values (more than one percent) besides significant copper and cobalt values. July 12, 2006 Geological mapping and sampling are presently being carried out and results will be reported as they come available. January 5, 2006 During the 2nd and 3rd quarter of 2006, the Company plans to conduct mapping and surface sampling of the project. In the late 2003, the Company obtained some surface and undrground samples from three of the previously mined deposits. Assays of these grab samples show high amounts of Ni, Cu, Co, and PGM, as well as minor amounts of gold. Management intends to commence mapping and sampling during the latter part of 2005 to identify the most promising areas in which to commence diamond drilling i order to quantify resources and reserves. |
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