Kuniko (ASX:KNI) reports positive assay results from Ertelien drilling program

Kuniko Limited (ASX:KNI) has announced encouraging assay results from its Ertelien Nickel-Copper-Cobalt Project in Norway. The recent drilling program has delivered a total of 1,200 metres of disseminated sulphide mineralisation, including high-grade massive/semi-massive zones. The results from the drilling program indicate growth potential for the current Mineral Resource Estimate (MRE) and further define the three mineralised domains identified in the MRE.

Executive commentary on Ertelien assay results

Antony Beckmand, CEO of Kuniko, expressed optimism about the additional assay results from the Ertelien drilling program. He highlighted the significance of the high-grade intersections and extensive disseminated sulphide zones, emphasizing their alignment with the company's strategy to expand the known resources. Beckmand also mentioned that an update to the Ertelien MRE is in progress and anticipated to be completed early in 04'24.

Summary of Kuniko's Ertelien drilling program

The assay results from Kuniko's Ertelien drilling program have revealed positive findings, indicating growth potential for the current Mineral Resource Estimate. The company is encouraged by the high-grade intersections and extensive disseminated sulphide zones, which align with their strategy to expand the known resources. An update to the Ertelien MRE is underway and expected to be completed early in 04'24. Kuniko's commitment to ethical sourcing and a net ZERO CARBON footprint, along with its operations in Norway, where 98% of electricity comes from RENEWABLE sources, reflects its dedication to sustainable and environmentally responsible practices. The company's focus on developing copper, nickel, cobalt, lithium, and other battery metals projects underscores its ambition to contribute to the European battery market and reduce reliance on external sources of battery-quality metals.