VANCOUVER, BRITISH COLUMBIA, Sep 09, 2010
("Anfield") is pleased to announce that significant high-grade nickel mineralization has been discovered in early exploration at the Tres Juanes target area at its 100% owned Mayaniquel nickel laterite project located in northeastern Guatemala. The results of the new discovery are highlighted by holes TJN10-028 that intersected 18.2 meters averaging 1.69% nickel including 7.3 meters at 2.53% nickel and TJN10-040 that intersected 15.9 meters averaging 1.79% nickel including 8.6 meters grading 2.46% nickel.
Drilling at Tres Juanes is currently focused at Tres Juanes Norte, one of three laterite occurrences within that exploration area. Surface mapping at Tres Juanes Norte has identified lateritic exposure over an area approximately 2 kilometers long by 600 meters wide. Drilling commenced with two drills, one each within the northern and southern portions of the exposure, and located approximately 800 meters apart. Results from the 48 holes drilled to date have identified significant nickel mineralization in both areas. Current drilling is focused on expanding these zones as well as testing the area between the zones (see Tres Juanes map). Once drilling has been completed at Tres Juanes Norte, the program will move to the two remaining areas, Tres Juanes Sur and Tres Juanes Rio.
Source and to read more : Wall Street Journal Market Watch