Major drill targets confirmed at Katoro’s Haneti nickel project

There are indications that Aim-listed Katoro Gold’s 75%-owned Haneti nickel project, in Tanzania, could host a chonolith-type nickel sulphide deposit. The company would, therefore, push ahead with preparations for a fully funded drilling programme at the two key targets, Mihanza Hill and Mwaka Hill, where it hoped to determine the existence of disseminated or massive sulphide mineralisation and define a future larger drilling programme, Katoro executive chairperson Louis Coetzee said in a statement on Wednesday.