Double Magic Ni-Cu Project Exploration Update

Buxton Resources Limited
 

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                          DOUBLE MAGIC Ni-Cu PROJECT EXPLORATION UPDATE

 

Known extent of sulphide mineralisation greatly expanded;

  • 25 of the 26 drill holes completed at Merlin in 2017 have intersected Ni-CU sulphides,
  • System still open in all directions,
  • Merlin Prospectivit enhanced

Assay Highlights include;

  • 6m @1.04% Ni, 0.19% Cu from 53m, DMRC0038
  • 4.75m @ 1.00% Ni, 0.29% Cu from 310.85m, DMDD0014
  • 3,5m @ 1.37% Ni, 0.19% Cu from 318m, DMDD0014
  • 0.4m @ 2.73% Ni, 044% Cu from 305.4m, DMDD0012

Second zone of massive sulphide mineralisation identified;

  • Possible feeder zone with brecciated and net-textured sulphides

High amplitude down-hole EM anomaly in DMDD014;

  • Open to the south and southwest
  • Immediate drill target next field season


Buxton Resources Limited (ASX:BUX)is pleased to report that all assays for the  2017 drill program  at  Double  Magic  have  been  received.
Several intersections have returned  grades above 1% Ni.Of the 26 holes drilled, 25 intersected magmatic Ni-Cu  sulphides confirming a much-increased extent of Ni-Cu sulphide mineralisation at Merlin. A very large, complex mineralised magmatic system , still open in all directions, continues to be discovered within the Ruins Dolerite.


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