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Desert Metals trades up on nickel results

Kitco News

Desert Metals (ASX:DM1) reported today that reconnaissance aircore drilling has uncovered two highly prospective new nickel prospects at the company’s 100%-owned Innouendy project in the Yilgarn craton in Western Australia.

Highlights at Cattle Yard nickel prospect were 32m @ 0.65% Ni from 16m to EOH, including 4m @ 1.76% Ni and 0.11% Co. There results were 46m @ 0.25% Ni from 16m to EOH, including 20m @ 0.35% Ni and 0.07% Co.

The company traded up 15% to 38 cents AUD.

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