Boss Resources (ASX:BOE) has been granted an ASX trading halt in relation to a project acquisition.
The halt will last until the earlier of the announcement being made or the start of trade on Wednesday, 17th December 2014.
Earlier this month, the company applied for a nickel-copper sulphide prospect in the Lilltrask area of northern Sweden that has never undergone any modern exploration.
The licenses cover a strong magnetic anomaly which associates with mafic-ultramafic intrusive rocks exposed in the outcrops.
Outcropping grades are up to 0.6% nickel and 0.8% copper. The sulphides are characterised by high metal tenors, with nickel tenor in the range of 2.5% to 4% and Cu tenor 1.4% to 7.2%.
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