TSXV:BLOK.H - Post by User
Post by
levityintxon Oct 23, 2006 9:15pm
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Post# 11545219
49.65 metres averaging 1.36 % Nickel
49.65 metres averaging 1.36 % Nickel Drilling intersects 49.65 metres averaging 1.36 % Nickel on Belvedere's 45% owned Valkeisenranta deposit, Finland
Monday October 23, 7:48 pm ET
Exchange: TSX V Symbol: BEL
VANCOUVER, Oct. 23 /CNW/ - Belvedere Resources Ltd is pleased to announce that Finn Nickel Ltd. (Suomen Nikkeli Oy), a Finnish company in which Belvedere holds a 45% interest, has reported excellent drill results from its ongoing drilling program at its 100% owned Valkeisenranta nickel copper deposit in south east Finland.
Belvedere's Chairman Harry Dobson comments "These results are very exciting. This high-grade nickel intersection appears to extend an historical intersection around 100 metres vertically. This constitutes the first significant nickel discovery in Finland in over 20 years. The widths and grades are remarkably consistent and mineralisation remains open at depth. Belvedere is pleased that its investment in Finn Nickel has been rewarded at such an early stage and looks forward to continuing the development of this and other properties in their portfolio."
A copy of the Finn Nickel news release is provided below in its entirety. Finn Nickel is an unlisted Finnish company.
Drilling intersects 49.65 m (at) 1.36 % Ni at Valkeisenranta, Leppävirta
Finn Nickel Ltd (Suomen Nikkeli Oy) is pleased to announce significant Ni-Cu drill results from the ongoing drill program at their 100% owned Valkeisenranta deposit at Leppävirta, eastern Finland. Three deep drillholes targeting the depth extensions of the known deposit have been completed, totalling 1463.45 meters. Assays are now available from the first two drillholes
https://biz.yahoo.com/cnw/061023/belvedere_finland.html?.v=1