Basic Shares: 68.1 millionFully Diluted: 73.1 million
Pure Nickel announced today that the company has initiated drilling its 2200 metre exploration program on the MAN Alaska property. The drilling will utilize one helicopter supported drill rig and will focus on one zone in particular, informally referred to as the Eureka Zone.
The Eureka Zone is located in the northern half of the Alpha complex, which is one of five complexes located on the massive MAN property. The Eureka zone has showings of nickel, copper and platinum group element mineralization, which was encountered through previous drilling in 2010.
The news release states that a review of the historic drilling showed that all the drill holes positioned in the correct stratigraphic level intersected the same style of mineralization, which suggests the Eureka zone may be a continuous feature along the Alpha complex.
To view the full news release, click here….