Wednesday, 1 August 2007

Drills Begin Turning On Pure Nickel's High Potential Alaskan Property

Pure Nickel (NIC - TSX V) today announced that it has started a 4 thousand metre exploration drilling program on its 100% owned Alaskan MAN project. The Man project is not only NIC's biggest property (494,000 acres) but previous surface work programs discovered high potential areas with showings as high as a remarkable 15.4% Nickel and 7.19% copper mineral content.

The exploration budget for the project is $4.0 million and is fully funded.

Since May, Pure Nickel has completed a 3,327 line-km VTEM B-field system airborne geophysical survey and an extensive geochemical survey on the property. The new data has helped establish high priority targets that will be tested over the coming months.

Chief Exploration Officer Dr. Larry Hulbert said "We eagerly await the findings of the current exploration drill program which will be testing a number of new B-field and late channel VTEM anomalies in areas not previously drilled".

Drilling will continue into the first week of October providing the weather co-operates.

Shareholders and those who have been watching the company should be paying close attention to this program on the MAN project.

To read the news release click here.