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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (7545)7/9/2014 12:20:34 PM
From: Goose94Read Replies (1) | Respond to of 202432
 
Westhaven Ventures (WHN-V) July 9, '14 has commenced drilling on its Ben property, located midway between the Mount Polley and Gibraltar mines, 50 kilometres north of Williams Lake, B.C. A recently completed geophysical program identified multiple drill targets related to the 2013 drill hole BN13-03 that intersected 70.6 metres of 0.31 per cent nickel and 0.012 per cent cobalt, mineralization starting from bedrock surface. A total of 10.5 line kilometres of induced polarization and ground magnetic surveys expanded the chargeability/magnetic targets associated with hole BN13-03.

Drill program for 2014

Approximately 1,000 metres of diamond drilling will test nickel mineralization within the vicinity of drill hole BN13-03, which tested a chargeability target delineated from an IP program completed in 2012. Drilling intersected highly serpentinized ultramafic rocks from bedrock surface to 87 m depth. Limited analytical, petrographic and microprobe work to date suggests a significant proportion of the nickel occurs as sulphides.

The recently completed IP survey delineated multiple high chargeability anomalies over an area extending 1.7 kilometres. Two geophysical trends were outlined, one coincident high IP chargeability, high magnetics trending northwest over 1.4 kilometres, and a second parallel IP chargeability, low magnetics situated 600 metres to the east. Four targets have been selected for immediate drill testing with the intent of finding near-surface nickel mineralization. To view the latest geophysical results please visit the company's website.

Highlights of 2013 drilling:

  • Assay results from exploratory drill holes confirm both anomalous nickel and gold mineralization.
  • Hole BN13-03 intersected 70.6 metres grading 0.31 per cent nickel and 0.012 per cent cobalt, which includes 30 metres grading 0.38 per cent Ni and 0.013 per cent Co.
  • Hole BN13-02 intersected 15.0 metres of 0.18 per cent Ni starting from surface, including two intervals of gold mineralization, including 1.5 metres grading 0.59 gram per tonne gold and 2.8 metres grading 0.57 g/t Au.