Commodities Buzz: ALX Resources Intersects Additional Nickel-Copper Mineralization At Falcon Nickel Project

Commodities Buzz: ALX Resources Intersects Additional Nickel-Copper Mineralization At Falcon Nickel Project

Mar 26, 2020 06:03 IST capital market

ALX Resources announced that new zones of nickel and copper mineralization have been intersected in the third hole of the 2020 drilling program at its 100%-owned Falcon Nickel Project located in the northern Athabasca region of Saskatchewan, Canada. ALX reported that drill hole FN20-003 on the V-3 conductive target completed to a depth of 327 metres intersected sulphide mineralization in two zones, the first from 234.69 to 235.92 metres and the second between 246.22 and 247.38 metres. The presence of nickel and copper mineralization in hole FN20-003 has been confirmed. Preliminary logging describes the mineralized interval as containing disseminated to semi-massive, net-textured sulphides, with visible pyrrhotite, chalcopyrite and pentlandite hosted within noritic rocks.

Powered by Commodity Insights

Related Story