Class 1 Nickel and Technologies Ltd. (CSE: NICO) has expanded its drill programme at its Somanike Nickel-Copper-Cobalt PGEs Project, located near Val-d’Or, Quebec.
Two diamond drills are currently active on the Marbridge Property. Approximately 13,706m in 35 drill holes have been drilled to date. Assays are pending and are expected early in 2023.
Key Points
- Diamond drilling has intersected sulphide mineralisation in 18 drill holes. Mineralization is within and, in close proximity to ultramafic rocks. The host rocks are komatiitic flows and can be correlated with the horizons in the mine sequences at Mine 1, Mine 2, Mine 3 and Mine 4. Assays are pending.
- Drilling has confirmed that Mine 1 is in a separate stratigraphic sequence from the other mined areas. While Mine 2, Mine 3 and Mine 4 are within the same sequence, Mine 4 is at a different stratigraphic level.
- Down hole time domain (BHEM) geophysical surveys on holes drilled to date have identified multiple off-hole anomalies for follow up.
Drone mag and LIDAR has been completed over the main Marbridge area.
The company’s primary focus is to make a major discovery of high-grade magmatic nickel sulphides in an environment of known nickel mineralization with significant opportunity for new discoveries.
Drill Programme Plan for the Marbridge area
The drill programme has been designed following extensive analyses of and re-interpretation of historical data in context with new geophysical data.
The company’s principal objectives are to:
1) Investigate in situ mineralization at the historical mines, and lateral extent using the new TDEM data as a guide.
2) Investigate TDEM anomalies associated with ultramafic rocks in the footwall and hanging wall stratigraphy that includes ultramafic rocks and lateral extensions of these favourable rocks.
3) Investigate potential for feeder system mineralization.
4) Maximum depth of historical drilling at:
- Mine 1 is 593 metres, immediately down plunge of the mine;
- Mine 2 is 227 metres; and
- Mines 3 and Mine 4 are 132 metres.
- Mineralization is open and its lateral extent is poorly confined.
The famous Marbridge Mine, which was the first nickel sulphide producing mine in Quebec, has not been seriously drill tested in more than five decades and has not been assessed by modern geophysical technologies capable of detecting magmatic sulphide deposits.
“We are very pleased to have completed comprehensive drilling both below and adjacent to the four historical mines at Marbridge,” President and CEO, David Fitch, said.
“The application of modern borehole geophysics has successfully demonstrated its viability in targeting sulphide mineralization. We know from the drilling to date that we are in a very fertile geological environment with abundant ultramafic rocks that host nickel mineralization at the historical Marbridge deposits.”
For further information please visit: https://class1nickel.com/
