Massive Sulphide Nickel-Copper Hits In Yukon
Nickel Creek Platinum Corp. (TSX: NCP) has obtained strong initial results from its 2021 drilling and geophysics programme which concluded during the month of August 2021 in Yukon, Canada.
The drilling component of the programme comprised 12 holes totalling 1,257m. The 2021 holes tested electromagnetic (EM) target conductors identified from the 2020 time-domain electromagnetic (TDEM) survey. Conductors were ground-checked and historical exploration data was reviewed to prioritize 2021 drill targets.
Near surface massive sulphide nickel-copper mineralisation was encountered in five of six holes. Results from a further six holes as well as platinum group metal analytical results remain outstanding.
- Massive sulphide intervals grading 1.22% to 3.85% nickel (Ni) and 0.92% to 2.77% copper (Cu) over 1.0m to 4.3m intervals in five of six holes drilled from the Arch 1 Drill Pad.
- Disseminated and massive sulphide significant intervals grading 0.43% to 1.41% Ni and 0.25% to 0.69% Cu over 12.4m to 23.7m intervals in six holes.
President and CEO, Stuart Harshaw, said near surface massive sulphide mineralisation was encountered at shallow depths of between 23m to 64m.
“It is very exciting to receive confirmation that we have intersected multiple, near surface hits of high-grade massive nickel-copper sulphide mineralization along our 18-kilometre ultramafic intrusive in close proximity to the historic Wellgreen deposit,” Mr Harshaw said. “We look forward to defining the extent and potential of this zone to help advance the Nickel Shäw Project to become a world-class nickel sulphide mine.”
The Arch ultramafic sill has been the subject of several historical exploration campaigns and has had various surveys, including ground EM (VLF) and magnetics, helicopter EM and magnetics (Dighem), soil geochemistry, trenching and limited diamond drilling (three holes totalling 136 m). A shallow historical hole (1988 hole AR88-03, 18.7m length) drilled near the 2020 TDEM conductor returned assays of 1.44% Ni and 0.75% Cu, 0.65 g/t platinum (Pt) and 1.58 g/t palladium (Pd) over 2.6m.
This year’s drilling on the Arch Target intersected significant massive to semi-massive sulphide in five holes drilled from the Arch 1 Drill Pad. Results up to 3.85% Ni and 1.37% Cu over 3.45m were returned. Disseminated sulphide along with net-textured, blebby and interstitial sulphide variably occurs above the high-grade zones with combined massive sulphide and disseminated intervals grading up to 1.41% Ni and 0.55% Cu over 11.95m. Analytical results from three holes drilled from the Arch 2 Drill Pad (ASD21-007-009) and the three holes drilled at Burwash are pending and will be released in a subsequent news release.
Upon completion of the drilling, four holes at Arch were surveyed by borehole EM along with three surface lines. Diamond drilling was performed by Superior Diamond Drilling and the EM survey was completed by SJ Geophysics.
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