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W H O W !
This is just fantastic news, especially the thickness of these CHROMITE BEDS and there HIGH GRADES.
This news could not have come at a better time.
And get this......The discovery of the nickel mineral godlevskite is intriguing, particularly as its' source is considered proximal to Big Daddy, perhaps within only a few hundred metres."
Upon receipt of laboratory analysis, the sulphide zone over 1.0 metre averages 2.74% nickel, 0.12% cobalt and 1.04 g/t Pt+Pd. A sample of the sulphide mineral selected for petrographic analysis was determined to contain an alteration assemblage of minerals including godlevskite (Ni9S8) along with veining of mackinawite ((Fe,Ni)9S8). Dr. James Franklin (director of Spider Resources Inc.) states: "This is a very low-temperature assemblage, and probably represents hydrothermal transport up a shear system from a more substantial Ni accumulation", Dr. Franklin continues "this explains the very high Ni contents, as it contains nearly 60% Ni."
GREAT NEWS & GREAT TIMING
.......RL