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Mining

Mithril Resources, MMG Exploration start aeromagnetic survey to find nickel targets in the NT

Mithril Resources’ (ASX: MTH) Harts Range partner MMG Exploration has started a high-resolution aeromagnetic survey over EL 25453, which is located within its Eastern Arunta Project Area in the Northern Territory.

The 13,700 line kilometre survey is being flown over a 633 square kilometre area to identify the next generation of nickel targets within the Harts Range area.

It will also be flown over numerous existing outcropping nickel occurrences including the Baldrick and Blackadder prospects where 2009 rock chip sampling by Mithril returned values up to 3.8% nickel and 9.6% copper, and 2.3% nickel and 2.4% copper respectively

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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