Higher Grade Cores Span Combined Strike Length Of 1.6km
Canada Nickel Company Inc. (TSXV: CNC) (OTCQX: CNIKF) has discovered a higher-grade core in the East Zone from its infill drilling programme at its Crawford Nickel-Sulphide Project in Ontario, Canada.
CEO, Mark Selby, said the East Zone has now been successfully tested for 2.1 km of its overall 3.2 km interpreted strike length.
“The East Zone is becoming a significant resource. The most recent infill and expansion drilling at the Crawford East Zone continues to confirm our target of increasing the East Zone resource by 2-3x and the identification of an extensive Higher Grade Core, similar to the Main Zone, has been an exciting development,” Mr Selby said.
“This East Zone core has yielded intervals of both high-grade nickel and PGMs and the latest two holes (CR21-142A, CR21-165A), which were drilled to test this higher-grade mineralisation at depth, remained in higher grade mineralization to the end of each hole at 624 and 735 metres deep respectively – more than 100 metres below the current resource.
“I look forward to the resource update on the Main, East, and North zones next year to support the feasibility study expected to be delivered later in 2022.”
Crawford East Zone
In the East Zone, an additional six holes have assays reported, a further 22 holes have been drilled with assays pending. Infill drilling is expected to continue for the balance of the current year to contribute to the resource update next year that will support the feasibility study.
Infill drilling, deeper drilling, and drilling beyond the resource outline along strike have all demonstrated continuity for a distance of 2.1 km.
The Higher Grade Core was identified during a drill programme intended to expand the current resource and was present in previous holes (CR20-28, CR19-31, CR20-33, CR20-34, CR20-35, CR20-36, CR20-37, CR20-39, CR21-112) but was thought to be discontinuous.
Additional drilling is consistent with the company’s belief that this core is more continuous and centred along the East Zone, much like the higher-grade core of the Main Zone. This Higher-Grade Core remains open at depth and along strike.
The western portion of the higher grade core extends for 0.9 km, extends from surface in some places to a depth of 730m.
The eastern portion of the higher grade core extends for 0.7 km, extends from surface in some places to a depth of 280m, with more planned drillholes targeting depth extension.
Crawford East Zone Metallurgical Work
Sample EZ-33-V15, from hole CR20-33 from 327 to 349 metres (which is now part of the East Zone Higher Grade Core) and averaged 0.36% nickel, 0.08% sulphur, 0.201 g/t palladium, and 0.047 g/t platinum yielded the highest-grade concentrate produced during the PEA testwork programme with 43% of the recoverable nickel in final concentrates reporting to a high-grade nickel concentrate grading 55% nickel.
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