NiCAN Mobilizes Diamond Drill and Geophysical Crew to the Wine Property, Manitoba
Highlights:
- Diamond drill mobilized to the Wine Property to test the extent of the Wine Occurrence and additional geophysical targets. Anticipate completing 6-8 additional holes before the end of March.
- Geophysical crew mobilized to the Wine Property to identify potential deep-seated nickel and VMS targets.
While on the ground at Wine, we will also complete an extensive ground, deep penetrating Time Domain EM survey with the objective of defining deep-seated nickel and other base metal targets at depths beyond the reach of the airborne VTEM survey completed in 2022. We are focusing on the Wine Gabbro environment where several mineralized nickel bearing horizons have been defined as well as VMS stratigraphy that hosts several copper-zinc deposits to the north and south of the Wine Property. Defined conductors will be evaluated and considered for follow up drilling in future programs."
Table 1: 2023
Drill Hole |
From (m) |
To (m) |
Thickness (m) |
Cu% |
Ni % |
NiEq% |
Wine 23-16 |
48.3 |
60.9 |
12.6 |
2.01 |
1.52 |
2.01 |
Wine 23-17 |
18.6 |
42.1 |
23.5 |
1.76 |
1.59 |
1.98 |
Wine 23-29 |
36.5 |
68.0 |
31.5 |
1.90 |
1.93 |
2.32 |
Table 2:
Drill Hole |
From (m) |
To (m) |
Thickness (m) |
Cu% |
Ni% |
NiEq% |
Wine 22-6 |
7.4 |
17.1 |
9.8 |
2.09 |
1.23 |
1.79 |
Wine 23-16 |
4.2 |
11.9 |
7.7 |
1.69 |
1.12 |
1.55 |
Wine 23-17 |
4.6 |
10.4 |
5.4 |
0.99 |
0.81 |
1.04 |
Wine 23-29 |
4.2 |
14.8 |
9.6 |
2.20 |
1.56 |
2.11 |
Analogies to Historical Lynn Lake Nickel Deposits
Qualified Person
Mr.
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