Australian mining company Rox Resources has recorded high grades of nickel at its Camelwood prospect at Fisher East, Kalgoorlie in Western Australia.
The diamond drill holes MFED004, 005, 006, 007 and 008 furthered the grades of the mine returning 1.2m at 5.2% massive nickel sulphides with 0.7m at 7.8% nickel from 388.7m, 1.8m at 2.8% massive and semi massive nickel with 0.3m at 4.0% nickel from 350.5m of massive sulphide.
In addition, the holes also returned 0.4m at 5.4% nickel from 382m of massive sulphide, and 3.1m at 3.4% nickel from 384.6m of massive and semi-massive sulphide, 1.3m at 2.6% nickel of massive and semi-massive sulphide, with 0.6m at 3.8% nickel from 317.7m of massive sulphide and 17.1m at 0.47% nickel from 197.3m of disseminated sulphides.
Rox Resources managing director Ian Mulholland stated that the results reflect the prospects of the mine for economic grades and thicknesses at Camelwood.
"The massive sulphide portions of the system are consistently showing grades in the 4.5 to 5.5% nickel range, with 7.8% nickel the highest grade reported to date, while the strongly disseminated and semi-massive zones are showing grades between 2.5 and 3.5% nickel," noted Mulholland.
In addition, the diamond hole MFED001 returned platinum group element (PGE) assays of 11.4m at 2.93% nickel and 0.57 g/t PGE from 282.6m, including 6.4m at 3.80% nickel and 0.73 g/t PGE, including 2.9m at 4.66% nickel and 0.81 g/t PGE.
Also, the continued drilling along the mine trend has increased the strike length to over 800m besides recording two potential visual nickel mineralization intervals, which was, however, struck off citing contamination.
"A much better picture of the distribution of nickel sulphide mineralisation is starting to emerge as we continue to drill more holes," Mulholland added.
Meanwhile, Rox Resources added that it is planning to test deeper Camelwood North EM conductor located 500m north of Camelwood on section 7036700N by the end of April 2013.