Jonathan Owen of Metals One: Råna is host to significant mineralisation

Jonathan Owen, CEO of Metals One Follow | MET1 discusses the results from the first two holes drilled at the Rånbogen prospect and says that a relatively shallow nickel-copper sulphide zone at the Rånbogen prospect demonstrates that the wider Råna intrusion is host to significant mineralisation outside of the historical mine.

Highlights

Hole 23RAN002

· High-grade massive and breccia sulphide zone returned 9.3m at 1.0% Ni, 0.3% Cu and 0.10% Co from 176.5m, within a broader upper mineralised zone which returned 26.2m at 0.7% Ni, 0.2% Cu and 0.06% Co from 169.0m (Hole 23RAN002, see Figure 4)

· Lower mineralised zone returned 2.7m at 0.9% Ni, 0.1% Cu and 0.08% Co from 281.9m (Hole 23RAN002, see Figure 4)

Hole 23RAN001

· Two semi-massive to massive sulphide zones were intercepted, 150m northwest along strike from 23RAN002 (see Figure 2)

· Semi massive to massive sulphide zone returned 2.4m at 0.8% Ni, 0.2% Cu, 0.10% Co from 66.4m (Hole 23RAN001, Figure 3), within a broader mineralised interval of 10.2m at 0.4% Ni, 0.1% Cu, 0.05% Co from 63.7m (Hole 23RAN001, see Figure 4)

· Semi-massive sulphide lens returned 1.3m at 0.6% Ni, 0.3% Cu and 0.09% Co from 167.9m (Hole 23RAN001)

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