The disclosure was made based on the results of the recently concluded gravity survey of the site located in Southeast Tanzania.
The survey revealed the extent of ultramafic rocks of the Ntaka Hill Nickel Sulphide project with mineralization potential.
INX Resources managing director Neil Meadows remarked that the positive results of the gravity survey provides confidence of discovering further prospective zones in the area.
"Enhancing our understanding of the area of mineralisation and therefore the potential size of the resource is a priority for the 2013 drilling program, the results of which will be central to the Company’s decisions on development of the project," added Meadows.
The Ntaka Hill project is known to be the undeveloped nickel sulphide projects with enough potential to produce a very clean, high-quality premium nickel concentrate.
"These findings have the potential to impact on the development options for Ntaka Hill," the company said in a statement.
