Mithril Resources provides Kurnalpi Nickel Project update
Thursday, Jun 14, 2018
Mithril Resources has received formal notification from Chesser Resources Ltd that it intends to withdraw from an existing Farm-In Agreement (effective date - 11 July 2018) on selected tenements at Mithril's Kurnalpi Nickel Project.

- Mithril to have 100% management of the entire project following notification from Farm-in partner that it intends to withdraw from an existing agreement over selected tenements

- Kurnalpi contains over 7 kilometres of a poorly - explored nickel sulphide - bearing ultramafic with drilling and EM geophysics scheduled to commence late June 2018 / early July 2018

From the effective date, Mithril will have 100% management of the entire project which includes over 7 kilometres of a poorly-explored nickel sulphide-bearing ultramafic unit.

Mithril is planning to recommence nickel exploration over the ultramafic in late June / early July 2018.

A Reverse Circulation drilling program (as an initial test of a newly identified off hole EM conductor lying adjacent to nickel sulphide mineralisation) and EM geophysics (to define further drill targets along strike from the EM conductor) are planned.

Mithril looks forward to updating the market when this work commences.

For more information, please visit: http://www.mithrilresources.com.au

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