Thursday, November 21, 2024
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NickelX: Appoints DDH1 for Biranup drilling

NickelX Appoints DDH1 for Biranup drilling

  • NickelX (NKL) appoints DDH1 to undertake a four-hole diamond drilling program at its Biranup Project in Western Australia
  • Shares have fallen by as much as 21.4 per cent on the market today, but this follows a similar growth in the share price yesterday
  • The Biranup Project lies in the north-eastern Albany-Fraser Belt, roughly 350 kilometres northeast of Kalgoorlie
  • Drilling will be undertaken at the Black Dragon and Red Dragon gold targets with work penned to begin in the March quarter pending rig and crew availabiltiy
  • Previous rock chip sampling returned up to 626 grams of gold per tonne (g/t) while
  • The company is down 21.4 per cent on the market with shares trading at 11 cents

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