Phosphate Australia (ASX:POZ) and farm-in partner Anglo-American (LON:AAL) have completed drilling at their Manchego nickel-copper-platinum project in Western Australia's Musgrave region.
A total of 6 new holes and one hole extension have been drilled, with results to be released as they become available.
Phase 1 drilling results included 24 metres at 0.27% copper from 66 metres with 5 metres at 0.54% copper, 0.11% nickel and 0.28ppm platinum group metals.
The farm-in with Anglo American, one of the world’s largest mining groups, covers 619 square kilometres, with Anglo able to earn 70%.
Phosphate is free carried until completion of a Bankable Feasibility Study.
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