SPC Nickel Corp. (TSXV:SPC) (“SPC Nickel”), is pleased to release additional Phase 2 assay results from a series of short holes drilled immediately beneath the surface exposure of the West Graham mineralized zone. Recent geological mapping by SPC and historical sampling by Vale Canada have outlined the surface exposure of the mineralization over a 300 metre by 150 metre area north of the norite-granite footwall contact and south of any drilling completed during the Phase 1 or 2 programs (see Figure 2). Initial results from the short 16 hole program have confirmed the down-dip extension of the surface mineralization with thick mineralized intervals at grades equal to or better than the historical West Graham mineral resource. This work has further demonstrated the potential for any future development at West Graham to be open-pit amenable.
A total of 13,254 metres in 62 holes have so far been completed on the West Graham Project since drilling commenced in early March. The Phase 1 program consisted of 5,338 metres in 27 holes and was completed in late May while a total of 7,916 metres in 35 holes, including the 16 short holes mentioned above, have been completed from the ongoing Phase 2 program, (Figure 1, 3).
Highlights:
- WG-23-062: 0.87% Ni, 0.41% Cu over 20.00 metres (1.00-21.00 metres) including 1.07% Ni, 0.44% Cu over 12.50 metres (6.50 to 19.00 metres).
- WG-23-061: 0.48% Ni, 0.24% Cu over 34.00 metres (14.00-48.00 metres) including 2.07% Ni, 0.15% Cu over 1.15 metres (15.60 to 16.75 metres).
Length refers to downhole length. Estimated true thickness ratios are provided in Table 1.
Grant Mourre, CEO and President of SPC Nickel commented, “Today’s results continue to demonstrate the robust fundamentals of the West Graham Project. We continue to intersect thick intervals of near surface mineralization, which are equal to or better than the historical mineral resource. These recent results combined with our previous reported drill intersections demonstrate that we are growing a significant nickel resource within the world class Sudbury Mining Camp. The West Graham Project benefits from in place infrastructure, has year-round road access, access to hydroelectric power, and several processing facilities within kilometres of the site. We’re looking forward to announcing additional drilling results and a maiden Mineral Resource estimate for the Project by the end of 2023.”
For detailed sections across the West Graham Property, please visit the website at https://spcnickel.com/projects/lockerby-east/ under Current Program or click on the following link West Graham Sections.
Continue Reading at SPC Nickel
