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Home arrow Current News arrow News Archive arrow April 2007 arrow AUSTRALIA - Allegiance expands North Avebury Extended nickel zone
AUSTRALIA - Allegiance expands North Avebury Extended nickel zone E-mail

Emerging Australian nickel miner, Allegiance Mining NL has expanded the North Avebury Extended nickel ore zone at the Avebury Nickel Mine located near Zeehan, West Coast Tasmania.

Allegiance Mining CEO Ian Levy will be part of a panel of Australian up-and-coming mining companies who will discuss the future of Australian projects to feed the growing demand from China, India and Asia at The ASIA Miner Investing in Mining conference on May 7-8 in Sydney.

Drill results are located well outside the current resource boundary but sufficiently near to planned mine openings to provide good ore grades and large tonnages over an extended mine life.

Three drillholes have extended the North Avebury ore zone by up to 200 metres below previous depths of drilling.

One hole intersected 5.6 metres @ 1.2% nickel at least 100 metres below the nearest intercept.

A second hole intersected 7 metres @ 1.4% nickel from a wider mineralised zone of 17 metres averaging 0.9% nickel or 24 metres averaging 0.8% nickel.

 
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