Picked this up from Shares.Credit for input to OKI on shares-hope he/you dont mind.Should add that i dont hold as have no money atm.Did comment on this on 19th and its carried on up since.Volume also increasing .Results due end of May
Oroya Mining Limited (ASX:ORO)
Is an established metals exploration company with a diversified
project portfolio which includes nickel, gold, copper and uranium targets in Western Australia, Victoria and New South Wales.
Keep an eye out for this one in the coming weeks.
Put a chart up.
Cut this out of their announcement made on 12th March -
OROYA EXPLORATION UPDATE
INCO Drilling for Nickel at Roe Hills
Oroya Mining Limited’s joint venture partner Inco (Australia) Limited Partnership, the
Australian exploration arm of CVRD INCO, commenced drilling during February at Oroya’s Roe Hills Nickel Project 85 kilometres east of the nickel mining centre of Kambalda.
The current program may involve up to 600 aircore drill holes to varying depths and is expected to be completed by May 2007.
The komatiitic ultramafics being explored at Roe Hills extend over a strike length of 36 kilometres. Previous drilling by Oroya and others intersected nickel sulphides similar to those being mined at Kambalda.