Sheffield Resources plans to accelerate exploration at its Red Bull Project after a review of historic aircore drilling undertaken at the project revealed an 8 kilometer long nickel copper cobalt anomalous trend.

The project which covers 525 square kilometers is strategically located in the newly identified Fraser Range nickel province in Western Australia within 20 kilometers of Sirius Resources recent Nova nickel copper discovery.

Sheffield plans to undertake a VTEM survey in late October 2012 which will provide a first pass test for near surface nickel and copper sulphide mineralization within the 144 square kilometer target area.

Reconnaissance aircore drilling by Gold Partners NL between 1995 and 1997 outlined an extensive nickel copper and cobalt anomaly overlying a sequence of mafic and ultramafic rocks similar to those which host the Nova nickel and copper discovery.

The anomalous trend has been delineated by four broadly spaced reconnaissance aircore drill traverses. Several additional gold, platinum, palladium and nickel anomalies were identified from the historic drilling.

Nickel values in the weathered bedrock commonly exceed 0.1% nickel up to a maximum of 0.34% nickel with supporting values of up to 670 parts per million copper, 320 parts per million cobalt, 15 parts per billion platinum 21 parts per billion palladium and 41 parts per billion gold.

Source - Proactive Investors Australia

(www.steelguru.com)