Boss Resources (ASX: BOE) has completed ground magnetics and TEM programs that have identified several areas of interest with “eye” like intrusive features at its Skogtrask copper-nickel project in Sweden.
These “eye” like features are similar to those seen in Western Australia’s Fraser Range as part of the Nova-Bollinger nickel-copper mineralised system.
An extremely strong 1 kilometre anomaly with a magnetic intensity at 40% of earth’s magnetic field has also been identified.
This coincides with existing semi massive sulphide mineralisation identified in historical drilling with grades up to 1.8% copper and 0.7% nickel from just 20 metres deep.
The company has also completed a high temperature SQUID transient electromagnetic survey to identify conductors for drilling with results pending.
Skogtrask is located 9 kilometres south of the regional centre of Kalix in northeast Sweden.
It was defined as part of a three year regional exploration program undertaken by Newgenco during 2008-2011.
Boss is capped at just $6.3 million, providing upside promise.
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