Wallbridge and Xstata Nickel set exploration budget for Sudbury-area Frost Lake at $1.4 million.The Wallbridge/Xstrata Nickel Joint Venture Technical Committee has approved a 2007 exploration budget of $1.4 million for the Frost Lake property, located in the East Range of the Sudbury Igneous Complex The Sudbury Igneous Complex is a 1844 million year old impact melt sheet in Greater Sudbury, Northern Ontario, Canada. It is part of the Sudbury Basin impact structure, and is classified as a lopolith. . Xstrata Nickel holds a 50 per cent interest in the Frost Lake Property in a joint venture with Wallbridge Mining Company Limited, the operator. The work program is slated to include deep earth imaging and surface electromagnetic geophysical surveys, as well as nearly 5,200 metres of diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral . The program will largely focus on conducting follow-up drilling on the Amy Lake PGE-copper-nickel zone, located in the same breccia breccia: see conglomerate. breccia Coarse sedimentary rock consisting of angular or nearly angular fragments larger than 0.08 in. (2 mm). Breccia commonly results from processes such as landslides or geologic faulting, in which rocks are fractured. belt hosting the CVRD Inco For international commerce terms, see . For the nickel-based alloys, see . CVRD Inco is a wholly owned subsidiary of the Brazilian mining company Companhia Vale do Rio Doce (CVRD). / Lonmin PGE-copper-nickel discovery announced Jan. 23, 2007. Nickel 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. intersected last year in a drill hole located 800 metres northeast of Amy Lake will also see some follow-up drilling. Hole WC-24 intersected 16 metres averaging 0.482 per cent nickel and 0.272 per cent copper, including 2.36 metres of 1.472 per cent nickel and 0.632 per cent copper and 1.10 metres of 1.62 nickel and 0.292 per cent copper. |
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