Nickel Drilling Excellent Result : Reported from Mirabela Nickel
September 28th, 2007Mirabela Nickel reported that the Southern Deeps drilling has produced the best intersections recorded at Santa Rita to date. Drill hole MBS 427 returned a composite intersection of 156m @ 0.88% Ni, including a continuous interval of 109m @ 0.90% Ni. The company advised that further deep drilling is planned for the southern end of the Southern zone. An initial program of 12 drill holes for 5,000m will commence shortly. With regards to South-East Extension drilling, drill results from the southern extent of Santa Rita indicated that the mineralised zone bends sharply to the east rather than terminates as previously thought. An initial program of 50 drill holes for 10,000m to target the South-East extension area (and a line of coincident Cu-Ni soil anomalies in the area) is already underway. To date the Company has drilled 19 holes for 4,000m.
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