Zambezi Nickel Share Discussion Threads

[numon] 17/7/2006 16:59

Check out:

[gagner2006] 17/7/2006 16:40

nickel pulled back a little this pm...

[gagner2006] 17/7/2006 11:00

nickel still moving up:

[gagner2006] 16/7/2006 20:14

Have put zni on ups due to expected drill results and strong Ni price.

[gagner2006] 14/7/2006 15:36

nickel up 7% today:

[gagner2006] 13/7/2006 14:51

small tick up

[gagner2006] 12/7/2006 07:36

Article re Nickel prices:

[gagner2006] 09/7/2006 18:59

Repost of article from Feb 06:

from miningnews.net

Nickel promise for Zambezi
Monday, February 13, 2006

ZAMBEZI Nickel's Mitaba exploration project has the potential to feed a 90,000 tonne per annum nickel operation for forty years based on current indicators, according to managing director Paul Rankine. Report by Chris Cann in Zambia

Rankine told MiningNews.net at the Africa Emerging Mining Congress in Zambia, the project received a boost after aeromagnetic studies discovered a further mineralised zone, Mitaba East, and opened the door for mineralisation linking the two main mineralised bodies, Mitaba Hill and Mitaba West.

The next drill program has been increased from 3,300m to 4,500 to test the new anomalies. Drilling will begin in April after the wet season and run until the end of July.

The separate zones of mineralisation form an 8.9km strike length. The strike length at the Mt Keith nickel mine, which is expected to have a 45,000tpa production rate for 45 years, is 1.6km.

Zambezi expects a JORC compliant resource by the fourth quarter of this year to establish more than 3.6Mt. The company will move straight into a bankable feasibility study if its assumptions are proved correct.

Rankine said the company was leaning toward using LionOre's Activox technology to treat its ore but stressed it was still considering all options.

He said the operation would use hydropower at a cost of 2.5c per kilowatt hour, which is well under half the cost of conventional electricity.

Once in production Zambezi will look at its other major project, Paulwi, also in Zambia.

AIM-listed Zambezi Nickel is a spin-off from Zambezi Resources' former nickel projects. Zambezi Resources holds a 49% interest in the spin-off company.

[gagner2006] 07/7/2006 12:50

complement rather than add to i guess

[gagner2006] 07/7/2006 12:41

just bought 38k at 15.75 to add to my holding in ZRL.

[gagner2006] 02/5/2006 11:16

Commence drilling at Mitaba

RNS Number:2554C
Zambezi Nickel Ltd
02 May 2006

2 May 2006

Commencement of Drilling at Mitaba

* Diamond drill programme commenced on 28 April 2006

* New prospecting licences issued over Mitaba and Paulwi



Zambezi Nickel Limited ("Zambezi" or the "Company") (AIM Codes: ZNI and ZNIO),
the AIM-quoted African nickel exploration and development company, today
announces that the diamond-drilling programme at its Mitaba Project has
commenced. The entire 4,540 metres programme is expected to be carried out
between April and August 2006.



Zambezi can also confirm that MR Nickel Limited, its wholly owned Zambian
subsidiary, was granted new prospecting licenses over Mitaba and Paulwi on 12
April 2006. As highlighted in Zambezi's Admission Document, Mwembeshi Resources
Limited agreed to transfer the prospecting rights over Mitaba and Paulwi to MR
Nickel Limited under the terms of an agreement dated 19 August 2005, with the
applications to transfer the projects into the name of MR Nickel Limited being
lodged with the Zambia Mines Department after Admission. A Zambian prospecting
licence confers exclusive rights to carry on prospecting operations for a period
of two years, renewable for up to six years from the initial granting, so
Zambezi has the potential to carry out exploration on these projects up to 12
April 2012.



Commenting on the announcement, Paul Rankine, CEO of Zambezi said, "The
commencement of drilling at Mitaba highlights our strategy to fast track our
prospects into production."



For more information, please contact:



Paul Rankine Laurence Read
Zambezi Nickel Limited Conduit PR
Tel: [phone] Tel: [phone]
Mob: [phone] Mob: [phone]



A PDF version of this release is available on the Zambezi website at
www.zambezinickel.com

[gardenboy] 02/5/2006 09:08

drilling begins at Mitaba

[currypasty] 13/3/2006 07:42

good progress, for a new company !

[gagner2006] 13/3/2006 07:19

news:

2006 Exploration Strategy

RNS Number:6556Z
Zambezi Nickel Ltd
13 March 2006

13 March 2006



2006 Nickel Exploration Drill Season in Zambia



* Diamond drill programme contract signed - commencement April 2006

* 15 high priority targets defined from 2005 helimag results

* New prospect identified

* Target JORC nickel resource - Q4 2006

Zambezi Nickel Limited ("Zambezi" or the "Company") (AIM Code: ZNI), the
AIM-quoted African nickel exploration and development company, today announces
that a definitive contract has been signed with Capital Drilling Pty Limited for
the forthcoming diamond-drilling programme at its Mitaba Project in Zambia. The
entire programme is expected to be carried out between April and August 2006.

Helimag results

15 high priority target features were defined following the results of the
high-resolution helicopter-borne magnetometry (helimag) survey flown during
2005. The target features for disseminated nickel sulphides are located on the
two main meta-komatiite lava-flow complexes at the Mitaba Project. The most
intense helimag results define the main lava channels where disseminated
sulphides can occur.

The high priority targets have been selected on the basis that they all satisfy
the following criteria:

* Target area has suitable dimensions for possible open pit mining should
economic mineralisation be found

* Wide intervals of sampling results that exceed 0.5% nickel in trenches

* Confirmation by mapping that the appropriate nickel bearing host-rock type
coincides with the magnetically-indicated targets

The identification by microscopic mineralogy of pentlandite (the main nickel
sulphide mineral) in two specimens of host rock is another positive indication.

The helimag has also revealed a new prospect towards the eastern end of the
Mitaba Hill Complex, which is now referred to as Mitaba Hill East.

Zambezi has committed to a substantial diamond-core drilling programme that is
designed to test eight targets at the Mitaba Hill and Mitaba Hill East
Prospects, and seven at the Mitaba West Prospect. Each of the targets will be
tested initially by one hole, with succeeding holes being contingent upon
positive results. This increases the programme to 28 holes for a total of 4,540
metres, of which 2,540 metres will be required for first-priority holes. The
spacing of the drilling traverses is designed to permit the estimation of
JORC-compliant, inferred-category resources from positive results. Besides
fulfilling the main sampling objective, the drill cores will also provide
metallurgical information regarding processing and recovery characteristics of
any significant mineralisation.

Results have been received from the helicopter-borne time-domain electromagnetic
(VTEM) survey of the Mitaba and Paulwi Project areas, carried out by the
Canadian contractors, Geotech Limited, during 2005. This was designed to detect
conductive massive sulphide bodies, for which there was some theoretical
justification. No late-time responses, which could be generated by such bodies,
were encountered at either of the project areas. However, the theoretical
expectation that a zone of fine, disseminated sulphides could occur at the base
of the gabbroic portion of the Paulwi intrusion still requires mapping and
detailed sampling traverses for platinum group elements.

Commenting on the announcement, Paul Rankine, CEO of Zambezi said, "Now that we
have processed all the data from last year's field season, we believe Zambezi is
in an excellent position to move forward and drill test the disseminated nickel
sulphide targets at Mitaba. We also believe that there is the potential to
generate a JORC compliant nickel resource on this property by the fourth quarter
in 2006. Shareholders should note that the company is also actively examining
opportunities for possible acquisitions of nickel prospects both in Zambia and
other SADC countries."

For more information, please contact:

Paul Rankine Laurence Read

Zambezi Nickel Limited Conduit PR

Tel: [phone] Tel: [phone]

Mob: [phone] Mob: [phone]

A full report including figures is available on the Zambezi website at
www.zambezinickel.com

The information in this report that relates to Exploration Results is based on
information compiled by Mr Noel Sheppy, who is a Member of The Australasian
Institute of Mining and Metallurgy. Mr Sheppy is employed by CSA Australia Pty
Limited. Mr Sheppy has sufficient experience which is relevant to the style of
mineralisation and to the activity which he is undertaking to qualify as a
Competent Person as defined in the 2004 Edition of the 'Australasian Code for
Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Sheppy
consents to the inclusion in the report of the matters based on his information
in the form and context in which it appears.

ADDITIONAL INFORMATION

* African focused pure nickel exploration/development company

* Admitted to London's AIM Market in October 2005, raising #1.6 million

* Exploration rights over 3 prospects on 2 project areas (Mitaba & Paulwi)
in Zambia

* Identified a major nickel sulphide bearing structure which has been
trenched & drilled (Mitaba)

* Exploiting shared cost/infrastructure opportunities with AIM quoted
Zambezi Resources Limited

* Strong position from which to acquire nickel prospects in the region

* Strategy to fast-track regional nickel prospects into production

* First stage target - JORC Resource - Q4 2006



This information is provided by RNS
The company news service from the London Stock Exchange
END

MSCSFMFMSSMSELD

[gardenboy] 28/2/2006 11:58

bought on the 24th

[currypasty] 28/2/2006 11:56

just a mm trade showing !

[gagner2006] 28/2/2006 11:55

what time did you buy today GB

not showing up but somw funny trades going on with both zni and zrl

[gardenboy] 28/2/2006 10:17

gagner,

after you mentioned ZRL, I decided to buy a little bit of both :~)

[gagner2006] 28/2/2006 10:12

looks like you got an excellent price at 11.3 GB

[gagner2006] 28/2/2006 10:11

Gardenboy

I have the stake in ZNI via ZRL. I figured it was a good way to back the story with potential from the gold/copper/uranium in ZRL with a good share of the Nickel story in ZNI

[gardenboy] 28/2/2006 10:09

took a small holding the other day at 11.3 - looking forward to the drill program starting in April

[gagner2006] 28/2/2006 10:04

slightly strange M sell of 44k and the price goes up by 7%, must be some hidden transactions