| | www.mineweb.net | co_releases Mithril Resources (Site not responding. Last check: ) |
 | | The new JV transfers the remaining expenditure requirement from Mithril, who will be the initial operator, to Falconbridge and allows Mithril to retain 24% equity in the property. |
 | | A further drilling program, approximately 2000 metres, is planned to commence in April and will test a strong off-hole conductor in BCD-005 which is coincident with a broad gravity high suggesting potential for sulphide mineralisation within a dense mafic body at depth. |
 | | In addition several regional bedrock conductive bodies coincident with magnetic and gravity anomalies will be drill tested “Mithril Resources views the Project as an exciting exploration opportunity with potential to host nickel sulphide mineralisation of a style similar to Voisey’s Bay in Canada,” Managing Director Dave Miller said. |
| www.mineweb.net /co_releases/420646.htm (573 words) |