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General mining & base metals

PepinNini Minerals starts nickel-copper drilling in South Australia

PepinNini Minerals (ASX: PNN) has started drilling the Yagen Prospect in the west Musgrave Province, South Australia, which hosts electro-magnetic conductivity anomalies similar to those at the Byron Prospect.

This drilling along with ground electromagnetic surveys will enable PepinNini to refine and test a number of priority VTEM targets within the western Cooperinna Project area.

It will also contribute to the company’s ongoing search for magmatic nickel-copper sulphide deposits within the Musgrave Province.

The EM surveying has been deferred until early in 2013 due to the delays encountered in the heritage clearance process as well as the unfavourable climatic conditions.

Vacuum drilling proximal to the conductivity targets had previously returned up to 366ppm nickelt, and 70ppm copper.

PepinNini has also received assay results from diamond drilling conducted at the Byron and Byron South prospects with peak values of 1,330ppm and 969ppm copper recorded from two holes.

Sulphide and weakly anomalous copper have been intercepted within five out of six targets.

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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