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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?


To: LoneClone who wrote (17470)4/9/2008 11:01:59 PM
From: LoneClone  Read Replies (1) | Respond to of 194223
 
Jubilee Platinum finds nickel, copper, platinum at Ranomena site in Madagascar

hemscott.com

LONDON (Thomson Financial) - Jubilee Platinum Plc. said nickel, copper and platinum group elements have been found at its third borehole RAN003 drilled in Ranomena prospect at Lavatrafo, Madagascar.

The AIM-listed miner said that an evaluation of the intersection showed 0.49 percent nickel, 0.16 percent copper and 0.31 grammes per ton combination of platinum, palladium and gold.

'This 500m-stepped-out borehole is the second on the Ranomena formation to show significant nickel copper mineralization. This hole would suggest there is strike extension and we will be testing the Ranomena prospect for both depth and strike extension,' chief executive Colin Bird said.

TFN.newsdesk@thomson.com yos/bsu/lht