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Mustang options Nickel property near Timmins. (Mining News).


Mustang Minerals, a major PGM PGM Program
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PGM Precision Guided Munition
 player in the Sudbury mining camp, has optioned the Bannockburn Nickel Project The Nickel Project is a nickname for a transportation funding package enacted by the 2003 Washington State Legislature. The slogan for the package is "It’s your Nickel, Watch it Work."

The $3.
 near Timmins from Outokumpu Mines.

The project consists of 143 mining claim units located 100 kilometres south of the city.

Outokumpu's exploration program revealed two styles of nickel sulphide mineralization Mineralization
The process by which the body uses minerals to build bone structure.

Mentioned in: Rickets

mineralization,
n the bioprecipitation of an inorganic substance.
 on the property.

Kambalda style massive and heavily disseminated sulphides occur in footwall foot·wall  
n. Geology
1. The mass of rock underlying a mineral deposit in a mine.

2. The underlying block of a fault having an inclined fault plane.
 embayments. Other mineralization similar to Mt. Keith-style disseminated sulphide mineralization was also identified.

Mustang says it represents a bulk tonnage exploration target.

"Our near term objective is to assemble a high-quality portfolio of quality nickel exploration projects near established mining infrastructure," says Mustang president Robin Dunbar Robin Dunbar (born 1947) is a British anthropologist and evolutionary biologist, specialising in primate behaviour. He is best known for formulating Dunbar's number.  in a news release. "The Bannockburn Project is a key first step."

Mustang earns a 100 per cent interest in the property subject to an underlying net smelter royalty by spending $350,000 on exploration and making cash payments of $100,000.
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Article Details
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Title Annotation:mining industry
Publication:Northern Ontario Business
Article Type:Brief Article
Geographic Code:1CANA
Date:Jul 1, 2003
Words:148
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