Jupiter Mines Limited (ASX:JMS)

DRILLING COMMENCES AT WIDGIEMOOLTHA NICKEL AND GOLD TARGETS

KEY POINTS

• Two nickel and two gold targets to be tested

• Targets located in prospective Widgiemooltha Dome

• Drilling to be completed within two to three weeks

Jupiter Mines Limited (ASX:JMS) is pleased to announce the commencement of a Reverse Circulation (RC) drill program on two nickel and two gold targets at the Company’s Widgiemooltha Nickel Project (Figure 1). 

The current program will involve approximately 2,700 metres of drilling to test one nickel target at Dordie Rocks South, and one nickel and two gold targets on the Widgiemooltha tenement.

At Dordie Rocks South, a total of six 300 metre holes are planned to test a nickel target generated by the recent TEM survey.  The target has been modelled to approximately 250 metres at depth, and sits on the Widgiemooltha Three Mafic-Ultramafic Contact zone, approximately 1,400 metres south of Mincor Resources NL’s North Dordie Mine.

At Widgiemooltha, a total of fifteen 60 metre holes are planned to test a coincident nickel and gold target in the A5 area and a gold target in the T6 area.  These targets were generated through Mobile Metal Ion (MMI) soil sampling and TEM survey.

Jupiter’s Widgiemooltha Nickel Project comprises approximately 200km² of ground position in the prospective southern extension of the Widgiemooltha Dome. These targets are conceptual in nature and have been generated from a TEM Survey and MMI soil sampling program conducted in 2007.

The current drill program is expected to take two to three weeks.

Greg Durack

Chief Executive Officer

READ CORPORATE
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T: (+61-8) 9388-1474 | F: (+61-8) 9388-1472 | E: info@readcorporate.com.au | Web: www.readcorporate.com.au 

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