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WSA (WESTERN AREAS NL) 2010-06-16:
Western Areas announced a significant intersection of strongly disseminated nickel sulphides, 200m north and below the high-grade New Morning deposit. The intersection consists of an 88.3m interval from 868.4m to 956.7m down-hole depth, which includes several zones of disseminated and localised stringer sulphides separated by bands of granite and footwall sediments. The estimated true width of the mineralisation is 20-30m. Preliminary Niton estimates have returned spot values up to 2% Ni for the disseminated sulphides and peak values up to 6% Ni and 3% Cu for the stringer sulphides. Assay results are awaited from the drill core to confirm nickel and copper grades.