Kuniko (ASX:KNI) has observed massive sulphide mineralization in four of four primary drillholes in a new completed maiden diamond drill programme at the Ertelien Nickel Project in Norway.
The positive results are supporting Kuniko’s target of preparing a maiden JORC resource estimate, two additional historic drill holes have been selected and cut for modern assay
analysis.
Hole ER2006-05 has been selectively sampled in order to effectively grade continuity between this hole and Kuniko’s twin drillhole KNI_ER003.
Hole ER2006-10 has been comprehensively sampled to both corroborate historical grades and add further litho-geochemical data in proximity to the 13.0m and 9.1m sulphide intervals observed in KNI_ER001 target zone
The Ertelien Ni-Cu-Co deposit is a brownfield site located on the highly prospective, wholly owned, Ringerike Battery Minerals Project, in central-southern Norway, north-west of Oslo.
The maiden diamond drilling programme commenced during January 2023 and has now been completed on schedule, as planned and on budget.
Undal-Nyberget Copper Project
Elsewhere drilling at the Undal-Nyberget Copper Project is underway and drilling at Skuterud Cobalt Project continuing.
The drill rig from Ertelien has been mobilized to site and Kuniko’s maiden drilling campaign at the Undal-Nyberget Copper Project is in progress.
A total of up to 11 holes for 1000m-1500m are planned over strong geophysical and geochemical targets.
The first hole has been drilled into the Myrmalm conductor targets, and a second hole is currently under way down-dip of the first.
Skuterud Cobalt Project
▪ The Skuterud drilling programme is continuing on plan, with five drill holes completef for a total of 1,548.7m of a planned 2,500m. A sixth hole is in progress.
“Our maiden drilling campaign at Ertelien has delivered multiple massive sulphide intercepts, providing us with growing confidence that with additional work, the project will continue to progress towards delivering a maiden JORC resource estimate. We look forward to reporting the assay results on this project as soon as they become available next month,” CEO, Antony Beckmand, said.
For further information please visit: https://kuniko.eu/
