Monday, 29 November 2010

Pure Nickel's Tower Property Continues To Hit High Grade Copper-Gold With Partner Rockcliff

Pure Nickel
(TSX: NIC)(OTCBB: PNCKF)
Basic Shares: 67.8 million
Fully Diluted: 75.5
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Pure Nickel and its option partner, Rockcliff Resources (TSX-V:RCR) have announced that its drilling at Pure Nickel's Tower Property in central Manitoba has continued to hit high grade copper-gold mineralization. Rockcliff can earn up to a 70% interest in this property.

Holes 1 and 2 had strong results that were released on November 10th this year and assay highlights include 10.5% copper, 3.6 grams per tonne gold (g/t), 2% zinc and 33 g/t of silver.

Holes 3-5 were in today's news and although each hit high grade mineralization, hole 4 intersected 11.5% copper, 2.7 g/t of gold, 2% zinc and 49.7 g/t of silver.

The Tower Zone remains open in all directions and bore hole surveys have clearly identified a significant untested area of conductance representing massive sulphides along strike and at depth to the existing high grade copper-gold drill intercepts.

See full news release here.......