Massive sulphides hit at nickel project AND cobalt drilling

This morning our European battery metals Investment, Kuniko (ASX: KNI) hit more massive sulphides at its nickel project AND started its second round of drilling at its cobalt project.

KNI has three drill programs for three critical metals back to back in Q1 this year.

1) 🔄 Drilling for Nickel - KNI is in the middle of its drill program where its ultimate aim is to convert a historic mineral resource of ~2.7mt at 0.83% nickel, 0.69% copper and 0.06% cobalt into a maiden JORC resource.

Update: Today KNI announced that two of its latest drillholes hit more massive sulphides. Massive sulphides are important because they typically host high grade mineralisation. First assays from this drill program are expected in March 2023.

2) 🔄 Drilling for cobalt - KNI will be following up the high grade cobalt hits from its drill program last year with ~10 diamond drillholes. The ultimate aim here will be to extend the strike length of ~450m and to drill deeper to see if mineralisation extends at depth.

Update: KNI started drilling its Skuterud cobalt project TODAY.

3) 🔲 Drilling for copper - KNI will be drill testing two geophysical anomalies where outcropping sulphide mineralisation has been found and where rock chips grading 1.7% copper and 2.8% zinc were collected.

Update: Drilling is expected to start in March.

We covered the three drill programs in our latest KNI note, to see what we are watching read the full note here: KNI Now Drilling - First of Three Drill Campaigns this Quarter