Subscribe
Be the first with the news that moves the market- Zeb Nickel Corp. (ZBNI) has commenced exploration drilling at its flagship Zeb Nickel Project in Limpopo, South Africa
- This phase of exploration drilling will simultaneously target three mineralized zones
- The last completed exploration program discovered nickel-copper-platinum group element (Ni-Cu-PGE) mineralization
- Zeb Nickel Corp. (ZBNI) open trading at $0.24 per share
Zeb Nickel Corp. (ZBNI) has commenced exploration drilling at its flagship Zeb Nickel Project in Limpopo, South Africa.
This phase of exploration drilling will simultaneously target three mineralized zones.
One is a higher-grade nickel mineralized zone identified at the base of the historical drilling within ZEB 1 mineralized package.
The last completed exploration program discovered nickel-copper-platinum group element (Ni-Cu-PGE) mineralization located adjacent to and beneath ZEB 1. This style of mineralization is Target 2, which was intersected in 10 pervious drillholes and accounts for 3,000 metres of drilling.
A massive to semi-massive Ni-PGE mineralization associated with what appears to be an ultramafic “plumbing system” beneath and to the east represents the third target. Target 3 has been intersected in three drillholes with a total of 1,100 metres of drilling.
James Nieuwenhuys, Non-executive Chairman of Zeb Nickel, commented on the start of this program.
“Over the years the Project team have assimilated and refined the geological model and we are now confident that this next round of drilling will confirm areas of high-grade Ni and Ni-Cu-PGE mineralization. Our aim is to produce a preliminary economic assessment to map out an achievable path, subject to a positive feasibility study, to the development of a fully de-risked, low-cost, high-grade nickel sulfide project.”
Zeb Nickel Corp. (ZBNI) is a mineral exploration company focused on metals that are critical in the production of rechargeable batteries, such as nickel, graphite, lithium, cobalt, manganese, copper and aluminum. The company’s flagship Zebediela Nickel Project is a developing Class 1 nickel sulfide project located in the Bushveld Complex in South Africa.
Zeb Nickel Corp. (ZBNI) open trading at $0.24 per share.
The materials provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
