Terrain Minerals encouraged by drilling results at Aztec Dome

Perth-based exploration company Terrain Minerals (ASX: TMX) has wrapped up a drilling program at Aztec Dome prospect in Kambalda, intersecting anomalous nickel values and confirming the presence of ultramafic rocks.
A RC drilling program totalling 2,691m in nine holes was completed to test four IP anomalies at the Aztec Dome nickel prospect.
Drill hole AZRC 009 intersected similar mineralisation to historic drill hole ASD 001, drilled 300m further south. A 143m wide zone (81m –224m) of anomalous nickel values (up to 0.25%), associated with disseminated sulphides and high chrome (up to 0.35%) and MgO (up to 22%) values typical of ultramafic rocks.
IP and EM surveys over the same area have detected a deeper conductor (which could relate to a massive sulphide zone), which will be one of the targets for a deeper diamond drilling program planned for mid 2010.
Disseminated sulphides were detected associated with all four IP anomalies. At Anomaly C the sulphides are associated with high magnesian basalts and some narrow bands of ultramafic, which appear to be above the main ultramafic horizon(s).
Managing Director Keith Wells considered the drilling results, particularly from AZRC 009, to be very encouraging and down hole geophysical logging of some selected holes, to try and define other conductors, will be undertaken ahead of a deeper diamond drilling program proposed for mid 2010.
TMX is a Perth based exploration company with a number of gold and nickel projects in the Eastern Goldfields
of Western Australia, including the advanced gold project at Bundarra, located 60 kms north of Leonora.
TMX has outlined JORC compliant resources of 320,000 oz of gold in a closely related cluster of deposits including: Wonder North, Celtic, Great Western, Bluebush and Black Cat. All the deposits remain open down dip and down plunge.
On the adjoining Black Cat JV area near Kambalda, a number of strong geochemical anomalies coincident with geological features, similar to the known deposits remain to be drill tested.

http://www.proactiveinvestors.com.au/companies/news/4244/terrain-minerals-encouraged-by-drilling-results-at-aztec-dome-4244.html