Chase Mining Ltd (ASX:CML) has gained further evidence that a significant nickel discovery could be hosted within its Lorraine and Alotta-Delphi-Zullo (ADZ) Project areas in Quebec, Canada.
Processing of the survey has identified six strong massive sulphide conductors ranked as high-priority targets – five at Lorraine and one at ADZ.
A diamond drill program of up to 2,500 metres has been budgeted to test the Lorraine high-priority targets.
Notably, drilling will partly coincide with a site visit by company directors Leon Pretorius and Martin Kavanagh in early June.
READ: Chase Mining shares surge after securing indicative offtake offer for topaz concentrate
Chase is also focused on its Torrington Topaz Project in New South Wales for which it recently received a conditional offtake offer for topaz concentrate.
Chase Mining shares have been running lately, trading up another 19.3% today to 3.7 cents.