REGIONAL EXPLORATION DELIVERS EARLY ENCOURAGEMENT FOR MINCOR RESOURCES

Southern Geoscience Consultants are pleased to report that Mincor Resources NL (ASX:MCR) have recently intersected significant new high-grade massive NiS at Location 1, Widgiemooltha – situated north of the historic Wannaway nickel mine.

Recent drilling was completed to test EM plates generated from DHTEM surveys undertaken on holes MDD365 and MDD368, and those survey results ultimately lead to two highly significant new intercepts located approximately 100m apart on roughly the same elevation.  While the initial target area is located directly beneath the magnetic high, the entire 3km long strike extent from Location 1 to Wannaway has only been covered by shallow drilling, which largely encountered nickeliferous sediments. As a result, further systematic drill testing in conjunction with DHEM surveys will be required to unlock the full potential of this area. 

SGC Consultant Geophysicist Russell Mortimer continues to manage the ongoing DHTEM survey programme.

Mincor Resources Widgiemooltha