SPC Nickel Reports High-Grade Channel Sampling Results at the West Graham Project, Including 0.94% Ni and 0.44% Cu over 17.0 metres
In 2023,
- CH-05E: 0.94% Ni, 0.44% Cu over 17.0 metres.
- CH-06E: 0.62% Ni, 0.31% Cu over 38.0 metres.
- Several narrow intervals of high-grade massive sulphide were encountered including 2.87% Ni, 0.15% Cu over 1.0 metres (CH-05E).
- The surface channel sample result correlated well in both grade and thickness to the previously reported down-dip drill intersections (Figure 2).
Table 1: Reported assay results from the channel sampling program on the
SAMPLE |
From |
To |
Length |
Ni |
Cu |
Co |
Pt |
Pd |
Au |
Ag |
Estimated |
CH-01W |
0.00 |
13.00 |
13.00 |
0.20 |
0.25 |
0.01 |
0.03 |
0.02 |
0.02 |
1.68 |
70 |
CH-02W |
0.00 |
6.00 |
6.00 |
0.14 |
0.09 |
0.01 |
0.02 |
0.01 |
0.01 |
0.70 |
70 |
CH-03W |
0.00 |
15.00 |
15.00 |
0.28 |
0.29 |
0.01 |
0.04 |
0.02 |
0.03 |
1.76 |
70 |
CH-04E |
0.00 |
6.50 |
6.50 |
0.42 |
0.26 |
0.02 |
0.03 |
0.01 |
0.09 |
1.26 |
70 |
CH-05E |
0.00 |
17.00 |
17.00 |
0.94 |
0.44 |
0.04 |
0.05 |
0.02 |
0.02 |
2.33 |
70 |
CH-06E |
0.00 |
38.00 |
38.00 |
0.62 |
0.31 |
0.02 |
0.04 |
0.02 |
0.01 |
1.43 |
70 |
CH-07E |
0.00 |
13.00 |
13.00 |
0.21 |
0.18 |
0.01 |
0.02 |
0.01 |
0.00 |
1.30 |
70 |
CH-08E |
0.00 |
13.00 |
13.00 |
0.64 |
0.34 |
0.02 |
0.04 |
0.03 |
0.01 |
1.90 |
NA |
Notes: |
|
1. |
Length refers to surface length. Estimated true width is expressed as a percentage of total channel sample length. |
The technical elements of this news release have been approved by Mr.
The Lockerby East Property is located in the heart of the
Except for statements of historical fact contained herein, the information in this news release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding estimated capital and operating costs, expected production timeline, benefits of updated development plans, foreign exchange assumptions and regulatory approvals. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of
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