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Wednesday 30 July 2008

Mt Thirsty gets taste for nickel

Jessica Darnbrough

Barra Resources has identified several nickel sulphide gossans located six kilometres north-west of the Mt Thirsty deposit in Norseman, Western Australia.

A recent surface reconnaissance rock-chip sampling program was carried out within the Mt Thirsty area, along a prospective basal ultramafic-basalt contact. A large proportion of the gossans sampled returned high levels of both copper and nickel.

The area was targeted primarily due to its complex aeromagnetic signatures which appeared similar to basal lava channel embayment type structures observed at Kambalda. Basal lava channel embayments located on ultramafic-basalt contacts are the most preferred location for nickel sulphide accumulation in the region.

The Mt Thirsty Project is a 50/50 joint venture between Barra and Meteore Metals Limited, a subsidiary of Fission Energy Limited. The project contains JORC Resources totalling 29 million tonnes at 0.55% nickel, 0.12% cobalt and 0.88% manganese over a strike of 1.3 kilometres.

The joint venture parties are currently undertaking a feasibility study due for completion in mid 2009.

This article was first published in the Resource and Energy Projects Services (REPS) newsletter.

Dean Goodwin

Managing Director

Barra Resources Limited

08 9481 3911

www.barraresources.com.au

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