Posts Tagged nickel

Strong EM Targets Have Been Detected Downhole Geophysics at Yepleu and Samapleu Deposit

Posted by on Monday, 24 March, 2014
FacebookTwitterGoogle+Share

Sama Completes Downhole Geophysics on Five Drill Holes at Yepleu and Samapleu Deposit (West Africa); Strong EM Targets Have Been Generated

Sama Resources Inc./Ressources Sama Inc. announces the completion of the Downhole Electromagnetic Geophysical (“DHEM”) survey on five (5) holes at the Samapleu and newly discovered Yepleu nickel-copper-palladium Deposits in Côte d’Ivoire, West Africa.

Abitibi Geophysics Inc. from Val d’Or in Canada performed the survey and the interpretation is performed by Mr. Daniel Card, Senior Geophysicist for Southern Geoscience Consultants, Australia.

Three holes were surveyed at the Yepleu deposit, one hole at the Samapleu Main and one hole at the Samapleu Extension 1 deposits.

Preliminary inspection of the data indicate strong Electromagnetic (“EM”) responses on all holes surveyed. Detailed interpretation and modelling is in progress for the following geophysical anomalies:

 
Hole         Location       Response: Depth from surface in meters ("m") 
SM34-570407  Extension 1    - EM anomaly at around 280-320 m 
SM44-525290  Samapleu Main  - EM anomaly at around 150 m 
YE31-637117  Yepleu         - EM anomaly at around 120 m 
YE31-694543  Yepleu         - EM anomaly at around 160 m 
YE23-398223  Yepleu         - EM anomaly at around 40 m

“The survey was performed extremely well by Abitibi Geophysics,” stated Dr. Marc-Antoine Audet, President and CEO. “We look forward to some very good drilling targets from the modelling.” “We are working on this as top priority,” added Mr. Card, Senior Geophysicist for Southern Geoscience Consultants.

The Yepleu discovery is located 18 kilometers (“km”) southwest of the Samapleu nickel-copper-palladium deposits. Regional geological mapping has identified that the geological host of the newly discovered Yepleu nickel-copper-palladium mineralization extends beyond the original 3 km by 600 to 800m to an area as vast as 6 km x 4 km (Refer to News Release dated February 03, 2014).

A total of 18 diamond drilling holes for 3,320m were drilled at the Yepleu discovery testing the large sub-horizontal mineralized layer associated with pyroxenite, gabbro-norite and diorite units been part of the newly identified and described Yacouba Layered Complex (Gouedji et al., submitted to Bulletin de la Société Géologique de France (BSGF), January 24, 2014). Exploration results for all drilled holes at Yepleu will be announced in a subsequent press release.

Exploration Model and Targets

Exploration to date has focused mostly on shallow targets (<150m) at the Samapleu and Yepleu deposits. Sama believes that mineralization at the Samapleu deposits could plunge deeper and could extend laterally as suggested by responses obtained from the Helicopter Electromagnetic survey completed in January 2013 and by the current DHEM survey.

At Yepleu, the Company is chasing embayments or structural features that would have trapped mineralised pyroxenite within the sub-horizontal layered complex assemblage.

The technical information in this release has been reviewed and approved by Dr. Marc-Antoine Audet, P.Geo and President and CEO of Sama, and a ‘qualified person’, as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

For more details, the reader is invited to review Sama’s updated compilation on its website at: http://www.samaresources.com/i/pdf/Sama_Corporate_Presentation.pdf

 

amapleu Project

“Samapleu poly-metallic deposits will give Sama the opportunity to become the first poly-metallic producer in West Africa.”

The Samapleu deposit is comprised of disseminated and semi-massive to massive sulphide mineralization hosted by a mafic-ultramafic intrusion located in the southern border of an early Proterozoic age deformation zone affecting the Archean Charnockitic shield. Mineralization is strata bound within pyroxenite layers of the Samapleu mafic-ultramafic complex.

The disseminated mineralization is typically characterized by fine isolated grains to large granular aggregates of iron, nickel and copper sulphides. Sulphide phases observed so far include pyrrhotite, chalcopyrite, pentlandite and minor pyrite. Pentlandite occurs as inclusions in pyrrhotite. Disseminated sulphide occurs as fine grains of 0.5 to 1 mm in diameter, showing a high ratio of pyrrhotite versus chalcopyrite. Sulphide veinlets and fine filaments are also present. Composite grains of sulphide material are dominant, forming sulphide masses of odd shapes ranging from a few millimeters up to several centimeters in any one dimension.


The renewed Interest in Pecors Magnetic Anomaly-Serpent River Property Near Elliot Lake, Ontario

Posted by on Friday, 21 February, 2014

International Montoro Resources Inc. – The Serpent River Property, Elliot Lake, Ontario claims consist of 10 mining claims (115 units) covering approximately 1,840 hectares located in Gaiashk & Joubin Townships. Recent renewed interest has been shown in the 3 upper northwest claims known as the Pecors Anomaly. Click following for maps/regional geophysical overview http://ow.ly/tNTbz.

Montoro congratulates Kelly Strong, V.P. of Ontario and UK Operations -Vale, in the recent startup of the Totten Mine (Totten lies 40 km to the west of Sudbury and approx. 50 km from Pecors). This is Vale’s sixth operating mine in the Sudbury Basin. A polymetallic orebody with good nickel and copper grades as well as precious metals. Click following for the complete story: http://ow.ly/tLq2T. (See page 1 & 19-34 re the Totten Mine and page 15 re the KGHM Victoria Mine Projects)

The Uranium and Rare Earths discovered in the southwest portion at Serpent River may prove to be a sideshow to another deposit type. In a 2009 summary of the Ontario Geological Survey field work, a strong geophysical anomaly on the claims that was previously thought to be caused by an iron formation was reexamined. The new interpretation on the Pecors anomaly concludes it may be the result of contact style nickel-copper-PGE mineralization similar to that found to the east at Sudbury. Sediment sampling from Pecors Lake has shown high levels of nickel and chromium, lending further weight to this analysis. The total field magnetic anomaly strikes northwesterly and is about 15 km long and about 4 km wide.

PecorsMagAnomaly

Exploration & Development of the Pecors Anomaly:

  • Int. Montoro, Pele Mtn. & Verbina Resources completed a combined VTEM survey in January 2008. An operational report for this survey was written by the contractor Geotech Ltd. in February 2008, Project 7112.
  • 2009 Ontario Geological Survey field work completed- Open File Report 6240; Project Unit 09-004. Compilation Mapping, Pecors-Whiskey Lake Area, Southern and Superior Provinces
  • February 23, 2010 brief prepared by G. Campbell, MSc. – ‘The Pecors Magnetic Anomaly located under Huronian Cover – A Possible Cu-Ni-PGE Target at the Archean-Proterozoic Boundary, Elliot Lake Area
  • May 5, 2010; Int. Montoro commissioned a report on the southern claims group of the Serpent River Property from L.E. Reed Geophysical Consultant Inc.
  • May 20, 2011; Int. Montoro initiates a search for and locates 4 historic boreholes PW #116, 117, 121 & 122 drilled by Rio Algom in 1959 on the eastern side of Pecors Lake. Holes PW 121 & 122 drilled along the south and southwestern edge of the Pecors Anomaly, penetrated the Huronian sediments and encountered underlying basement rocks at depths of 2002 feet (610 meters) and 1477 feet (450 meters) respectively. Information from the drill holes provides some corroboration of the depths from the 3D model as reported in the July 6, 2011 report following.
  • July 6, 2011; Int. Montoro commissions a report ‘Response of the Pecors Magnetic Anomaly‘ from L.E. Reed (“Reed”) Geophysical Consultant Inc. Reed ran the anomaly through a 3 dimensional inversion program (UBC, Mag3D) to develop an understanding of the three-dimensional shape and distribution of the source body for this anomaly. Measurements through a section in the center of the anomaly show a depth of 300 to 400 meters to the top and as much as 1700 meters from surface to the bottom of the magnetic source body. It appears as a broad sill, possibly an intrusion. The maximum dimensions of the entire inversion block are estimated at 7.8 km EW x 3.45 km NS and 2.025 km from surface. Select portions of the Reed Interpretation report are posted on the updated Serpent River project page on the Company website at www.MontoroResources.com
  • February 2014; Int. Montoro is actively engaging stakeholders in the Sault St. Marie & Sudbury Mining Districts to proactively move forward the exploration of the Pecors Magnetic Anomaly.

Other:

Neighboring explorer, Pele Mountain Resources (TSX VENTURE:GEM), has provided the results of an updated economic review of its Eco Ridge Mine rare earth and uranium project in Elliot Lake, Ontario. In its news release dated September 12, 2013, Pele Mountain reports the economic review concludes that the recent increase in mineral resources extends mine life and improves project economics. While this improvement is offset by a reduction in rare earth price forecasts, the net result demonstrates that Eco Ridge economics remain positive.

Int. Montoro is also seeking interested parties in continuing the development of the Serpent River southern portion of its rare earth and uranium property adjoining Pele Mountain’s claims east of Eco Ridge.


The new MT anomalies near Paulatuk, Northwest Territories

Posted by on Tuesday, 10 December, 2013

Darnley Bay Resources Limited (“Darnley Bay” or the “Company”) announces the discovery of two new large magneto-telluric (MT) anomalies at its 100% owned Darnley Bay Property, located near Paulatuk, Northwest Territories. Like the first MT anomaly – reported (see October 13, 2013 press release), the new anomalies are spatially coincident with previously-discovered gravity anomalies, are considered good to moderate conductive zones and appear to be hosted by prospective Proterozoic rocks. They are located respectively two and twelve kilometres east of the first MT anomaly.

Darnley Bay received the latest 3D inversion results from EMpulse Geophysics Ltd, the geophysical contractor. The new inversions not only used the magnetic field tipper data, but also included static shift analysis to minimise near surface geologic noise and to better image the apparent resistivity distribution at depth (see EMpulse web site for more details http://www.empulse.ca/).

The MT survey was performed in August 2013 and consisted of a total of 73 line-kilometres, with stations every 500 metres, over three different lines (North, South and East). See http://www.darnleybay.com/news/Figure_1.html andhttp://www.darnleybay.com/news/Figure_2.html, 1:250,000-scale plan views, showing the location of the surveyed lines and of the MT anomalies over gravity and magnetic models backgrounds. http://www.darnleybay.com/news/Figure_3.html is a stack of three vertical profiles along the North Line; the two upper profiles show the MT anomalies over a gravity and a magnetic models background; the lower profile show the MT anomalies over a 2D geological model that honours the gravity, the magnetic and the seismic data of this sector. The new 3D-inversion model revealed:

  1. On the North Line, 12 kilometers east of the first anomaly, a 1.5×3.5 kilometres anomaly with a maximum thickness of 800 metres, its center being at elevation -2,000 metres (below sea level), It is considered to be a moderate to good conductive zone with apparent resistivity values ranging from 32 to 8.9 Ohm-m
  2. On the North Line, two kilometres east of the first anomaly, a 1.0 x 2.0 kilometres anomaly with maximum thickness of 600 metres, centered at elevation -1,300 metres with apparent resistivity between 32 Ohm-m and 15.1 Ohm-m
  3. On the South and East Lines, three weaker anomalies (80 to 45 Ohm-m), with dimensions of 1.0×1.0-3.0 kilometres between elevations -1,000 to -2,400 metres.

The extent, depth, conductivity and the geological setting of the three MT anomalies on the North line fit the metallogenic exploration models Darnley Bay is exploring for: either a copper-nickel magmatic model (example: Sudbury in Ontario or Noril’sk in Russia) or an Iron Oxide Copper Gold model (example: Olympic Dam in Australia).

“I am pleased by these latest results,” says Jamie Levy, President of Darnley Bay, “we now see two new conductive magneto-telluric (MT) anomalies, along with our previously announced anomaly, on the North line. In addition, three less conductive MT anomalies have been interpreted on the East and South lines. We believe the north line has identified priority drill targets with favourable geological and geophysical settings.

The Darnley Bay Property covers a total of 456,000 hectares with a series of mineral concessions and prospecting permits obtained from the Inuvialuit Regional Corporation and the Canadian Government. The Property encompasses what is considered one of the largest and strongest coincident regional gravity and magnetic anomalies in the world with dimensions of 80 x 100 kilometers. The regional gravity anomaly has absolute amplitude of 132 mGal (milli-gals), while the magnetism reaches 1,350 nT (nano-teslas). Darnley Bay staff believes the source of this anomaly is a large and deep mafic-ultramafic intrusion, the type underlying other base metal mining camps, with the potential for mineralization being at shallower depth than the main intrusion itself. It is thought that it was formed during the regional Franklin or the Mackenzie magmatic events, both Proterozoic in age (720 million years and 1,270 million years respectively).

Magneto-tellurics is a geophysical method of imaging the Earth’s subsurface by measuring natural variations of electrical and magnetic fields at the Earth’s surface. In the 1990′s, MT was successfully used to locate mineral deposits as deep at 1,750 metres in the Sudbury nickel mining camp. In the last 10 years, the technique has seen many improvements, particularly with the development of modern 3D inversion. In the oil industry, it is now routinely used, in conjunction with seismic, to better define deep drilling targets.

At the Voisey’s Bay nickel mine, magneto-telluric survey data detected the nickel-copper mineralization at depth, with apparent resistivities between 10 and 25 Ohm-m (http://www.cemi.utah.edu/appls/mt/) similar to the range of values of the three MT anomalies detected on the North line last August on Darnley Bay Property. Resistivity from the Darnley Bay MT anomalous zones may decrease once the final processing of additional low frequency data is completed. Readers are cautioned that the similarity of the survey results is not necessarily indicative of mineralization on the Property. The magneto-telluric method only measures variations in resistivity in the earth and MT anomalies can also be caused by variations in resistivity due to large scale variations in lithology, structure, and/or conductivity of disseminated minerals or pore fluids as in sedimentary rocks. However, the fact that all the anomalies detected so far are closely related to gravity anomalies (http://www.darnleybay.com/news/Figure_1.html and http://www.darnleybay.com/news/Figure_2.html) suggests that the MT anomalies could be produced by denser material than the surrounding rocks; metal-rich lithologies and/or alteration zones being possible sources.

Darnley Bay is waiting for more results from EMpulse; particularly the processing and inversion of the extended bandwidth time series (to 1Hz) that should provide information to depth of 3 to 5 kilometres. Darnley Bay is planning to do more detailed MT surveying on each side of the North line, in order to better define the attitude and orientation of the anomalies for an eventual drilling program. Darnley Bay is also planning more MT surveying over other selected areas on the Property.

The 2013 MT survey on the Darnley Bay Property was performed by EMpulse Geophysics Ltd, from Dalmeny, Saskatchewan (http://www.empulse.ca/). The technique used for this survey is Transient Audio-Magneto-Telluric, with proprietary SFERIC II instrumentation and Adaptive Polarization Stacking algorithm. David Goldak, M.Sc. (Physics), President of EMpulse Geophysics, was in charge of the survey in the field and responsible for the 3D-inversion and the data processing. The technical information of this Press Release has been prepared, reviewed and approved by Mr. J. Gauthier, P. Eng., P. Geo., the Qualified Person as defined by National Instrument 43-101.

The Company is very pleased to announce the hiring of Alan King as a senior technical adviser. Mr. King is a geophysicist who most recently served as the Chief Geophysicist for Vale’s global exploration operations. Alan holds a B.Sc. in geology from the University of Toronto and a M.Sc. in geophysics from Macquarie University. Mr. King has worked as a geophysicist in exploration and resource development globally, including in Canada, Australia, and Brazil, since 1976. Mr. King has been involved in the application of geophysics in mining, oil sands development and environmental applications for a variety of commodities. Mr. King currently acts as a geophysical consultant through Geoscience North.


100 NEW EXPLORATION TARGETS IDENTIFIED AT MANIITSOQ (Greenland)

Posted by on Wednesday, 4 December, 2013

North American Nickel Inc.  announces that it has received preliminary results from this year’s VTEM Plus helicopter borne geophysical survey completed at its 100% owned Maniitsoq nickel-copper-cobalt-PGM project in Southwest Greenland. A total of 917.3 line-kilometres were flown in nine survey blocks (A1 to A9) resulting in a total of 389 electromagnetic (EM) responses being detected.

 

 

A preliminary review of the survey results by the Company has identified one hundred new conductor zones. These target zones will be field checked in 2014 and targets with higher nickel sulphide potential will be added to the growing drill target list at Maniitsoq. The purpose of the 2013 VTEM Plus survey was threefold: 1) To obtain EM and magnetic coverage over areas which contain norite and other mafic-ultramafic intrusions that might be associated with economic nickel sulphide mineralization.

All these new EM targets are outside the Greenland Norite Belt, which has been the focus of the Company’s exploration work for the past 3 years; 2) To obtain deeper EM penetration over prospective areas that were surveyed in 2011 with SkyTEM (the new VTEM Plus system has four times the dipole moment of the 2011 SkyTEM system); and 3) To detail other conductors of interest detected by previous VTEM and SkyTEM surveys.

NAN CEO, Rick Mark, states: “The market has been focused on the Imiak Hill Conduit Complex the past three months and rightly so, as the high grade drill results around Imiak have been outstanding. Today, we want to remind investors that our 100% owned Maniitsoq property, which is larger than the Sudbury basin, has the potential to host the world’s next sulphide nickel-copper-cobalt camp. These preliminary airborne results bolster that belief and provide us with a new array of targets to analyze and prepare for in 2014.

” From the preliminary data, the most interesting conductors are those associated with the Pingo norite in flight block A1. The Pingo norite is situated 24 km northeast of the Imiak Hill Conduit Complex, where the Company has recently made significant nickel sulphide intersections (e.g. 24.75m @ 3.19% Ni and 1.14% Cu in hole MQ-13-028 at Imiak Hill). The Pingo norite is a northeast-striking, dyke-like intrusion approximately 30 to 80 metres wide exposed intermittently over a distance of more than four kilometres. Numerous rusty zones, containing trace to 5% disseminated sulphides, occur throughout the intrusion. The strongest EM response occurs over strike lengths of up to 200 metres immediately along strike of the Pingo norite (conductors P-146 and 233) and are the highest priority targets in the block. Additionally a moderate 300 metre-long VTEM conductor (P-149 in Figure 2) occurs near the centre of the norite. From historical drill data the Pingo Norite is known to be nickeliferous. The final databases for the 2013 VTEM surveys are expected in before year-end and detailed analysis and target rankings based on this data will be carried out early in the New Year. The survey was flown by Geotech Ltd. of Aurora, Ontario and nominal flight line spacing ranged from 100 to 200 metres. Condor Consulting of Lakewood, Colorado monitored the survey for quality control and identified EM anomalies in the preliminary datasets.


3-D seismic survey to define shape and size of unprecedented PGE mineralization

Posted by on Thursday, 17 October, 2013
Ivanhoe Mines reports unprecedented 90-metre intersection of 4.51 grams of platinum, palladium, rhodium and gold per tonne, plus 0.37% nickel and 0.20% copper, at its Flatreef exploration and development project on South Africa’s Bushveld Complex
Intercept includes a 40-metre section grading 6.88 grams of platinum, palladium, rhodium and gold per tonne, plus 0.51% nickel and 0.21% copper.

Chief Executive Officer, has announced that the company has intersected mineralization containing 4.51 grams per tonne of platinum, palladium, rhodium and gold (4PGE) over 90.64 metres (297 feet) at a 1 g/t 3PE cut-off in a recently drilled hole at the underground Flatreef platinum, palladium, nickel, copper, gold and rhodium discovery, which is part of the company’s Platreef Project in South Africa’s Bushveld Complex.

The 90.64-metre intersection in Hole TMT006 also includes:

  • a 40.79-metre (134-foot) section grading 6.88 grams per tonne 4PGE at a 3g/t 3PE cut-off;
  • additional nickel and copper mineralization grading 0.37% nickel and 0.20% copper, plus a platinum-to-palladium ratio of approximately 1 to 1, over the entire 90-metre intersection.

“This is an extraordinary drill hole,” said Mr. Friedland. “The 90-metre thickness of the intercept, which roughly is the same height as a 30-storey building, is unprecedented at Flatreef and I believe it also is without precedent in an underground platinum discovery in South Africa.

“The scale of the mineralized intercept has obvious implications for the contained PGMs and base metals in the open-ended Flatreef poly-metallic discovery. The combined grade and thickness of the PGMs and base metals mineralization seen in this hole far exceeds anything we’ve previously encountered in all of our years of delineating resources on our Platreef Project.”

The gentle dips in the Flatreef Discovery area mean that the drilled thickness approximates true thickness.
——————————————————————————————

3-D seismic survey to better define shape and size of Flatreef Discovery

Ivanhoe Mines will undertake a 3-D geophysical seismic survey over the Flatreef Discovery before beginning site preparation work for the bulk-sample shaft. The seismic survey is expected to begin later this week and be completed in early November 2013.

Mr. Johansson said that it has become standard practice at many South African mines to conduct 3-D seismic surveys prior to sinking new shafts or beginning major underground developments. The seismic survey will provide Ivanhoe’s engineers with high-resolution imaging of the Flatreef mineralized zones ahead of the planned mining development.

About the Platreef Project

The Platreef Project is a Tier One discovery of platinum-group elements, nickel, copper and gold that contains the Flatreef underground deposit, on the Bushveld’s Northern Limb, north of the town of Mokopane and approximately 280 kilometres northeast of Johannesburg. The project is located on two contiguous rights, Turfspruit and Macalacaskop, which adjoin Anglo Platinum’s Mogalakwena mining operations.

In June 2013, Ivanhoe Mines filed a Mining Right Application (MRA) for the Platreef Project with the Department of Mineral Resources. A Mining Right allows a company to mine and process minerals optimally from the mining area for a period of 30 years, which may be extended upon application.

The Flatreef Mineral Resource, with a strike length of six kilometres, predominantly lies within a flat to gently dipping portion of the Platreef mineralized belt at relatively shallow depths of approximately 700 to 1,100 metres below surface.

The Flatreef Deposit is characterized by its very large vertical thicknesses of high-grade mineralization and the platinum-to-palladium ratio of approximately 1:1, which is significantly higher than other PGM discoveries on the Bushveld’s Northern Limb. The grade shells used to constrain mineralization in the Flatreef Indicated Resource area have average true thicknesses of approximately 24 metres at a 2.0 grams per tonne (g/t) 3PE (platinum-palladium-gold) cut-off grade, with an equivalent average resource grade of 4.1 g/t 4PE (platinum-palladium-gold-rhodium), 0.34% nickel and 0.17% copper. Flatreef’s Indicated Mineral Resources of 214 million tonnes contain an estimated 28.5 million ounces of platinum, palladium, gold and rhodium, 1.6 billion pounds of nickel and 800 million pounds of copper.

At the same cut-off of 2.0 g/t 4PE, the latest Flatreef estimate includes Inferred Mineral Resources of 415 million tonnes grading 3.5 g/t 4PE, 0.33% nickel and 0.16% copper, containing an estimated additional 47.2 million ounces of platinum, palladium, gold and rhodium, 3.0 billion pounds of nickel and 1.5 billion pounds of copper. Inferred mineral resource estimates, under the CIM guidelines, do not have demonstrated economic viability and may never achieve the confidence to be mineral reserve estimates or to be mined.


HIGH GRADE NICKEL-COPPER-COBALT SULPHIDES CONFIRMED AT IMIAK HILL IN GREENLAND

Posted by on Thursday, 10 October, 2013

North American Nickel Inc. announces high grade nickel- copper-cobalt mineralization at its Imiak Hill discovery based on results from drill holes MQ-13-019, MQ- 13-024 and MQ-13-026.

Assays of up to 7.06% nickel in MQ-13-026 and 6.26% nickel in MQ-13-024 have been received.

Imiak Hill is one of three mineralized conduits at the Imiak Hill Conduit Complex (IHCC) located in the northern part of the Company’s 100% owned Maniitsoq Nickel – Copper – Cobalt and PGM project in southwest Greenland.

IMIAK HILL

Highlights of the Imiak Hill drilling: DDH MQ-13-026: at 149 m down the hole:
  • Intersected 25.51m grading: 3.25% nickel, 0.48% copper, 0.11% cobalt,
    • Including: 18.62m of 4.31% nickel, 0.62% copper, 0.14% cobalt
      • Including: 7.12m of 5.18% nickel, 0.81% copper, 0.17% cobalt
      • Including: 4.01m of 6.04% nickel, 0.64% copper, 0.19% cobalt
DDH MQ-13-024: at 136 m down the hole:
  • Intersected 14.90m grading: 2.67% nickel, 0.39% copper, 0.09% cobalt
    • Including: 5.23m of 5.03% nickel, 0.30% copper, 0.16% cobalt
DDH MQ-13-019: at 118 m down the hole:
  • Intersected 8.68m grading: 1.53% nickel, 0.43% copper, 0.06% cobalt
    • Including: 3.56m of 3.27% nickel, 0.66% copper, 0.10% cobalt

Assays for the deepest 2013 hole at Imiak Hill, DDH MQ-13-028, which is below DDH MQ-13-026, are pending. The mineralization at Imiak Hill remains open at depth.

NAN CEO and Chair, Rick Mark, states: “It is especially positive that at Imiak Hill that we are seeing stronger grades and widths at depth within a geological setting consistent with our conduit system model of an expected accumulated zone of nickel-copper mineralization in an embayment or footwall contact. Our 2013 drill program at Imiak Hill has now extended the sulphide mineralization from surface to 185m below surface, where it remains open, and assays are still pending for hole 28. The results from our first regional evaluation of the mineralized norites underscores the potential along the 75km-long Greenland Norite Belt. We believe the Maniitsoq project is unique in the world. It is considered a greenfields exploration project, but it is a district-scale, nickel sulphide project that has mineralization starting at, or near, surface containing high grades of Ni-Cu-Co and it is located adjacent to ice free, deep tide water suitable for year round shipping. I offer congratulations to our outstanding technical team, not only for today’s results, but for the constant and impressive advancement at Maniitsoq for the past two and one half years. The future looks just as exciting. We look forward to the upcoming assays from theImiak Hill Conduit Complex.”

REGIONAL DRILLING RESULTS

Holes MQ-13-010 through 17 tested seven VTEM targets related to norite intrusions in the central and southern parts of the 75km-long Greenland Norite Belt. Table 3 summarizes the assay results and table 4 lists the collar coordinates of each hole along with the target tested.

Disseminated sulphide mineralization was intersected in noritic rocks at five of the seven targets.

The strongest mineralization occurred in hole MQ-13-016, which tested VTEM target P-22B. The hole intersected 43.82 m of mineralized norite averaging 0.22% Ni including several higher grade intervals, the best was a 1.26m interval assaying 1.44% Ni, 0.34% Cu, 0.05% Co and 0.32 g/t TPM.

Hole MQ-13-017, drilled on the same section and designed to test 40 to 50 metres down-dip of MQ-13-016, intersected much weaker mineralization over narrow intervals. The best assay was 1.92 m at 0.23% Ni. Based on the surface gossan outcrop, it is possible that MQ-13-017 was drilled below the plunge of the mineralization intersected by MQ-13-016. Initial review of downhole geophysics indicates more conductive material lies to the right and above the drill hole, which also fits the interpretation of the drill hole passing under the plunge.

All eight holes were surveyed with a three-component electromagnetic probe. The results will be reviewed in conjunction with geological observations to determine which of the regional targets drilled in 2013 warrant follow-up drilling and/or surface geophysical surveys in 2014.

2013 VTEM FLYING SUMMARY

In 2013 NAN flew an additional 917.3 line-km of VTEM helicopter borne time domain electromagnetic and magnetic surveys over portions of the Maniitsoq property. A total of nine flight blocks were surveyed. They covered norite and other mafic-ultramafic intrusions outside the Greenland Norite Belt (GNB) as well as areas within the belt that required more detailed surveying. Significant new conductors were identified in the Pingo norite intrusion, situated about 14 km north of the GNB; in areas to the south and southeast of the GNB; and, within the GNB itself. These new conductors are currently being evaluated in preparation for next year’s drilling program.

The Maniitsoq nickel-copper-cobalt & PGM project in southwest Greenland contains the 75km-long Greenland Norite Belt (GNB) and is 100% owned by North American Nickel.


THE NEW NICKEL DISCOVERY WITHIN THE FOSSILIK NORITE AT MANIITSOQ PROJECT in GREENLAND

Posted by on Thursday, 26 September, 2013

North American Nickel Inc. announces that the Company has made a new discovery at drill hole MQ-13-018, which is ~9 km south of the Imiak Hill Conduit Complex(IHCC). It intersected three new zones of nickel sulphide; all hosted by the Fossilik intrusion, which is the largest norite body in the Greenland Norite Belt at ~8 sq. km. MQ-13-018 is associated with NAN’s 2012 VTEM conductor P-04.

This new discovery is within a 10km radius from the Imiak Hill Conduit Complex, which the Company believes to be a reasonable distance to truck mineralization to a potential central mining / concentrating complex at, or near, Imiak Hill (see map 1).

NAN CEO, Rick Mark states. “This discovery is only 9 km from our recently announced near solid to solid sulphide intersections at Imiak Hill and Imiak North. It has significant near surface Ni-Cu-Co & PGM mineralization which is disseminated, similar to mineralization at Spotty Hill within the IHCC. The Fossilik norite also contains historical mineralized zones with grades of up to 2.24% Ni and 0.63% Cu. It creates a new area of focus for the company and bolsters our belief that the Maniitsoq conduit system has potential to produce multiple deposits.”

MQ-13-018 HIGHLIGHTS:

  • 32.19m @ 0.59% NI, 0.18% Cu, 0.02% Co, 0.21 g/t PGM (Zone 1)

Including:

  • 4.53m @ 1.06% Ni, 0.23% Cu, 0.04% Co, 0.33 g/t PGM

The mineralization was intersected between 35 and 160 m vertically below surface and it consists mainly of disseminated and blebby sulphides with occasional short intervals of inclusion bearing sulphide. All of the sulphides are hosted in massive melanocratic norite.

The Fossilik intrusion also hosts several historical showings including the Fossilik I and II occurrences:

  • Fossilik II includes historical drill holes with grades of up to 2.24% Ni and 0.63% Cu over a core length of 12.89 metres in drill hole FoIl-1
  • Fossilik I includes historical drill holes with grades of 1.07% Ni and 0.46% Cu over a core length of 25.10 metres in drill hole F-3.

Table 1 below summarizes the assay results for MQ-13-018. All three mineralized zones are hosted in massive, non-foliated, melanocratic norite.

Table 1: MQ-13-018 significant assays

From

(m)

To

(m)

Length

(m)

Ni

(%)

Cu

(%)

Co

(%)

Pt

(g/t)

Pd

(g/t)

Au

(g/t)

Total

PGM*

S

(%)

Zone 1 40.24 72.43 32.19 0.59 0.18 0.02 0.10 0.03 0.08 0.21 2.94
Incl. 51.75 56.28 4.53 1.06 0.23 0.04 0.20 0.04 0.09 0.33 5.97
Zone 2 94.00 120.00 26.00 0.24 0.11 0.01 0.07 0.02 0.07 0.16 1.31
incl. 108.00 117.00 9.00 0.42 0.15 0.02 0.14 0.03 0.10 0.27 2.38
Zone 3 173.29 182.00 8.71 0.26 0.15 0.01 0.04 0.01 0.07 0.12 1.04

Note: all lengths are core lengths, true widths are unknown.

Hole collar information (WGS84 / UTM22N) 474324E / 7248800N / 695 masl, azimuth 50, dip -60, length 182 metres. (masl = metres above sea level)

The 2013 exploration program at Maniitsoq has come to an end, with 25 diamond drill holes completed for a total of 4266 metres. The drilling focused on numerous VTEM anomalies and existing Ni – Cu occurrences within the Greenland Norite Belt (GNB). A total of 1541 core samples have been submitted for analysis. All 2011 and 2012 targets (116) have been field checked by NAN geologists with a total of 238 field locations reviewed for mineralization and geological information. A total of 104 rock samples were analyzed and the NAN exploration team collected a total of 150 channel samples over mineralized areas of interest.


Hawk Ridge Exploration Program Successfully Completed under the Geophysical Support

Posted by on Wednesday, 11 September, 2013

Nickel North Exploration Corp. announces the successful completion of its $5 Million 2013 integrated drilling, geophysical, and geological program at its 100% owned Hawk Ridge Ni-Cu-PGE Project in Northern Quebec. This year’s exploration program was initiated on May 26th with diamond drilling commencing on June 6th with a second drill added at the mid-season sealift. The helicopter supported program consisted of 7,330 meters of diamond drilling in 38 drill holes, complimentary ground geophysical programs (CRONE Pulse EM and “Walkmag”Magnetometer surveys) with requisite field mapping and prospecting.

This year’s program focused on two of the largest stratiform layered mineralized zones (Hopes Advance Main and Gamma) and regional exploration following up on numerous new targets selected from proprietary geophysical algorithms applied to the 2012 VTEM Airborne Survey. The diamond drilling program consisted of 38 drill holes totaling 7,330 meters. The drilling included 1,350 meters (4 drill-holes) in the historical Hopes Advance Main Zone and 1,240 meters (5 drill-holes) in the Gamma Zone, 1,300 meters (8 drill-holes) in regional exploration and 3,430 meters (21 drill-holes) in the newly discovered Falco 7 Zone.

The company’s geochemical protocol includes sampling the entire length of the drill core (greater than 7,600 samples collected) is being assayed. The geophysical program comprised of five ground Pulse EM grids and two high resolution ground magnetic surveys were completed. Bore-Hole EM geophysics was completed in all available drill holes.

In August the Company initiated a metallurgical study and a 43-101 resource study, both of which are expected to be completed in the fall of this year. The Metallurgical study is to be completed by “XPS Consulting and Testwork Services” of Falconbridge, Ontario and the 43-101 Resource Study will be completed by “P&E Mining Consultants” of Toronto, Ontario.

The Falco 7 Zone is located less than 3 kilometers from tide water in the northern portion of the Hawk Ridge Ni-Cu-PGE Belt. The new mineralized zone has a minimum strike length of 1.2 kilometer striking north-south and is over 600 meters in width with a gentle 18° eastward dip that is open at depth down dip. The zone was identified early in the season through the interpretation of the 2012 airborne VTEM survey and later confirmed from ground follow-up work which led to the discovery of surface exposures of mineralized boulders and outcrop. The zone was mapped on surface and aggressively drilled with 21 holes outlining a series of highly mineralized zones comprising ultramafic and mafic zones. Mineralization at Falco 7 is similar to what has been encountered in the other major Hawk Ridge Ni-Cu-PGE mineralized zones such as Gamma and Hopes Advance Main. However, the exception at Falco 7 is the wide spread and consistent nature of the amount of magmatic sulphide encountered; comprising of interstitial to semi massive to massive magmatic sulphides, and the zone’s near-surface, shallow dipping nature of the mineralized stratigraphy.

The company considers this year’s program a very successful exploration season. Significant progress was made in all aspects of the Cu-Ni-PGE Hawk Ridge Project including the discovery of a new mineralized zone called “Falco7″. The Company’s service providers were once again highly effective with overall cost efficiencies and project effectiveness surpassing the planned drilling meterage and was completed under budget. Assays are pending and will be announced as received and appropriately reviewed and compiled.


Success of two seasons of airborne and borehole TEM surveys in Greenland

Posted by on Wednesday, 28 August, 2013

NORTH AMERICAN NICKEL INC.: SIGNIFICANT NEAR SOLID TO SOLID SULPHIDE MINERALIZATION INTERSECTED

08/23/2013

North American Nickel Inc. has announced that diamond drill hole MQ-13-026 intersected an 18.62 metre core length of sulphide mineralization averaging approximately 40 – 45% total sulphides, including numerous sections containing 65% to 80% sulphides, within noritic host rocks at the Imiak Hill nickel-copper-cobalt zone on the Maniitsoq project.(see MQ-13-026 table). This is the deepest of three sulphide intersections, all described in this release, that have been drilled at Imiak Hill in 2013. Drill core has been logged, samples sawed in half and shipped to ALS Chemex in Sweden for analysis. Assay results for all three holes are pending and further drilling is planned.

Figure 1 is a high-resolution photograph that documents the entire 18.62 m long intersection in MQ-13-026, which includes inclusion-bearing near solid and solid sulphides

NAN COO, Neil Richardson, states: “We are pleased to report that drill hole MQ 13-026 is the best intersection we have seen to date with intense sulphides clearly present and our BHEM surveys indicate that Imiak Hill is still open down plunge. It is also important to note is that the intensity of the sulphide mineralization, as shown in the three holes referenced in this release, is increasing with depth. It is common knowledge that most nickel deposits occur at, or near the base of, mafic intrusions, so we will continue to follow the high grade mineralization down towards the base of the Imiak Hill mafic norite intrusion with additional drilling and borehole geophysics.”

Drill hole MQ-13-026 intersected near solid to solid sulphides with numerous sections containing 65-80% total sulphides. A description of the intersection is given in the table below:

MQ-13-026 Sulphide intersection

From (m) To (m) Length (m) Description
156.70 157.16 0.46 Norite, well mineralized, 25% sulphide
157.16 161.17 4.01 Norite, near solid sulphide, 75% sulphide
161.17 162.10 0.93 Norite, well mineralized, 20% sulphide
162.10 162.53 0.43 Norite, near solid sulphide, 75% sulphide
162.53 164.00 1.47 Norite
164.00 164.42 0.42 Norite, near solid sulphide, 85% sulphide
164.42 165.20 0.78 Norite, well mineralized, 30% sulphide
165.20 165.94 0.74 Norite, near solid sulphide, 85% sulphide
165.94 166.97 1.03 Norite, 2-3% sulphide
166.97 167.62 0.65 Norite, near solid sulphide, 70% sulphide
167.62 168.00 0.38 Norite
168.00 168.20 0.20 Norite, near solid sulphide, 70% sulphide
168.20 168.77 0.57 Norite, well mineralized, 40% sulphide
168.77 172.07 3.30 Norite, near solid sulphide, 75% sulphide
172.07 172.61 0.54 Norite
172.61 175.32 2.71 Norite, near solid sulphide, 70% sulphide

Note: the visual percent sulphide estimates and descriptions in this news release are not intended to suggest grades of contained metals, which will require assaying to determine. Mineral percentages are volume not weight.

The MQ-13-026 intersection occurs 142 to 159 m vertically below surface and is currently the deepest at Imiak, which suggests that the intensity of sulphide mineralization in the noritic host rock is increasing with depth. The hole was surveyed with a 3 component bore hole EM (BHEM) system and the mineralization produced an extremely strong “step response” type of anomaly. Interpretation by Crone Geophysics and Exploration Ltd.indicates that the mineralization continues down plunge.

North American Nickel has now delineated three, closely spaced, north-trending, near vertically dipping, steeply south-plunging mineralized zones at Imiak Hill. From east to west the zones have been provisionally named 10, 20 and 30 as shown on the attached plan map (Figure 2). The mineralization in MQ-13-026 correlates with Zone 30. A composite longitudinal section through Imiak Hill with all the intersections to date is included (Figure 3).

Sulphide textures, such as inclusion bearing massive and semi-massive sulphide, in MQ-13-026 are similar to those observed in the mineralized 2012 Imiak drill holes (MQ-12-001 and MQ-12-002); however, the volume percentage of sulphide in MQ-13-026 is significantly higher.

Drill hole MQ-13-024 intersected a 14.15 metre long interval of well mineralized to semi massive sulphides with an estimated average of 30-35% total sulphides approximately 36 metres up-plunge of MQ-13-026. This intersection also correlates with Zone 30. The hole was surveyed with a Crone 3D BHEM system and the resulting interpreted conductor plate fits well with Zone 30 as outlined from drilling.

MQ-13-024 Sulphide intersection

From (m) To (m) Length (m) Description
136.75 141.98 5.23 Norite, strongly mineralized 50% sulphide
141.98 145.61 3.63 Norite
145.61 146.53 0.92 Norite strongly mineralized 30-40% sulphide
146.53 148.15 1.62 Norite
148.15 150.90 2.75 Norite, strongly mineralized 50-60% sulphide
150.90 153.31 2.41 Norite 2-3% sulphide

Note: the visual percent sulphide estimates and descriptions in this news release are not intended to suggest grades of contained metals, which will require assaying to determine. Mineral percentages are volume not weight.

Drill hole MQ-13-019, located 30 metres up-plunge of MQ-13-024 and 66 metres up-plunge of MQ-13-026 intersected 10.75 metres of sulphide mineralization that also correlates with Zone 30. This mineralization is more disseminated in nature. The hole was surveyed with the Crone BHEM instrument and a late channel (strong) off-hole anomaly was detected below and south of the hole.

MQ-13-019 Sulphide intersection

From (m) To (m) Length (m) Description
118.09 118.93 0.84 Norite,10-15% sulphide
118.93 120.52 1.59 Norite, 20-25% sulphide
120.52 121.65 1.13 90% sulphide, 10% norite gangue
121.65 128.84 7.19 Norite, 5% sulphide in small massive bands

Note: the visual percent sulphide estimates and descriptions in this news release are not intended to suggest grades of contained metals, which will require assaying to determine. Mineral percentages are volume not weight.

To conclude, the mineralization at Imiak is open at depth and the geological team continues to develop a geological model that currently includes at least three zones of mineralization. The latest drilling indicates that the mineralization is strengthening with depth, producing late channel off-hole BHEM anomalies.

Since commencing the 2013 field program in late June, NAN has drilled 27 holes totaling 3037 meters at Maniitsoq. Drilling continues.

Collar coordinates for all of the Company’s drill holes at Imiak are listed in the table below.

Hole Number East (m) * North (m)* Elevation

(masl)

Azimuth

(°)

DIP

(°)

Length

(m)

MQ-12-001 477455 7257225 546 275 -45 106.07
MQ-12-002 477455 7257225 546 275 -70 173.12
MQ-12-003 477485 7257186 543 275 -73 292
MQ-12-004 477459 7257260 540 275 -45 95.4
MQ-13-019 477484 7257189 546 275 -55 176
MQ-13-020 477490 7257141 532 275 -62 209
MQ-13-023 477484 7257215 547 275 -59 188
MQ-13-024 477497 7257174 547 275 -59 197
MQ-13-025 477475 7257235 545 269 -45 122
MQ-13-026 477490 7257141 532 295 -65 215
*WGS84 UTM Zone 22N
Figures 1 to 3 are available at the following address: http://media3.marketwire.com/docs/NAN_Figures_0822.pdf
———————————-

Greenland and the Nickel Market

Posted by on Friday, 23 August, 2013

North American Nickel Talks Greenland and the Nickel Market

This week, Nickel Investing News (NIN) had the chance to speak with Neil Richardson, COO of VMS Ventures (TSXV:VMS) and North American Nickel (TSXV:NAN), a Canada-based mineral exploration and development company.

In the interview below, Richardson discusses recent developments at North American Nickel’s Greenland-based Maniitsoq project, including news from the company’s latest press release. He also touches on the company’s plans for its projects in Ontario and Manitoba and shares his thoughts on where nickel prices are headed in the short and long term.

Image courtesy of North American Nickel.

Maniitsoq 2013 field program

NIN: Can you start off by giving a quick rundown of the key things investors should know about North American Nickel?

Neil Richardson: North American Nickel is a junior exploration company focused on nickel and platinum-group elements (PGE) mineralization in North America, mainly in Sudbury, Canada, as well as the Thompson Nickel Belt area in Manitoba. We have completed some exploration work at those projects, but our main project, which is near the community of Maniitsoq in Greenland, is the focus of our current exploration work.

NIN: What is the relationship between North American Nickel and VMS Ventures?

NR: VMS owns a 27.5-percent interest in North American Nickel. North American Nickel was formed back a few years ago by spinning out the nickel assets that we had in VMS; the team that runs VMS is the same team that runs North American Nickel.

Along with our strategic partner, the Sentient Group, VMS holds a large percentage of the shares. Sentient has upped its share to 30 percent, so the two teams, VMS and Sentient, control over 57 percent of the corporation.

NIN: Earlier this month you acquired additional ground at Maniitsoq. How will that benefit the company?

NR: These exploration licenses were just granted recently by the Bureau of Mines and Petroleum, the BMP. We have the documentation in our office now for signing. That includes about 123 square kilometers of additional ground, putting the total up to 5,106 square kilometers of property.

Where we feel this is beneficial to us — we’re flying this ground as we speak — is that it adds more areas into our norite belt that we felt we were missing. Previous landowners in the area have lapsed their licenses and we have taken on about five different new licenses to complete our land package.

NIN: You also recently began drilling at Maniitsoq. What is the status of that program? I saw you put out an update today [July 30].

NR: Right now at Maniitsoq we’re on a two-week break. We were there for six weeks and completed the first phase of our two-phase program, 10 holes for just over 1,500 meters of drilling.

Today’s update is really on that first phase. During the first six-week phase at Maniitsoq we checked over 100 electromagnetic anomalies that we’ve assembled up over the last two years of flying over the belt. With this drilling, to date we’ve collected 567 core samples. We did an extensive channel sampling on some of these areas and submitted 249 channel and surface grab samples. All that data now has been submitted to ALS Chemex and I anticipate results coming back in five to six weeks.

During the two-week break we’re flying an additional 700 line-kilometers of Geotech versatile time domain EM survey (VTEM), our main EM system that we use over there and in our projects for VMS as well. We’ll be following up these targets as well in the second phase.

We’ll be starting the second phase on August 2 and going for another six or seven weeks, wrapping up the program with another 10 holes, or 1,500 to 1,600 meters of drilling.

Image courtesy of North American Nickel.Maniitsoq 2013 field program.

NIN: How have you found Greenland as an operating environment?

NR: Good. The Greenland government is very open to exploration companies. The BMP has guidelines and all you do is follow those guidelines. We have a very good rapport with a company called Xploration Services Greenland ApS. They take care of all our logistical requirements over there, so camp set up and everything like that, organizing sample shipments, is through them as well. They’re a very good exploration logistics company and they make sure we follow the guidelines that BMP stipulates.

Just like Canada, as long as you follow the rules and regulations, you’ll be fine. We’ve done above and beyond what the regulations require and have hired as many people from Greenland as possible — and of course our air support over there is from Air Greenland.

NIN: You mentioned that you’re focusing on Greenland right now, but you also have projects in Ontario and Manitoba. Could you talk a little about your plans there?

NR: We have two projects in Sudbury, Post Creek and Halcyon, they’re side by side. We’ve completed quite a bit of work such as trenching and surface mapping, diamond drilling and some surface geophysics. The one in Sudbury is on care and hold for now, we’re still looking for a strategic partner for this project.

The projects up in Thompson, Manitoba, we’ve completed the airborne surveys, have the interpretation in. We are looking into possibly drilling these targets this upcoming winter season, which would be the winter of 2014. We have somewhere in the neighborhood of four to six holes outlined to date. So that’s our plan. It’ll be VTEM follow-up diamond drill holes for our North Thompson project this winter. We’re looking forward to getting that work underway.

NIN: Your website notes that you’re open to seeking strategic partnerships to advance your properties. Are you currently doing so?

NR: We do have a strategic partner already in Maniitsoq. Our strategic partner there is the Sentient Group. We’re still looking for a partner for our Sudbury project. We are in talks with a few companies, but so far we’re just in discussions.

Image courtesy of North American Nickel.Maniitsoq 2013 field program.

NIN: The International Nickel Study Group has said nickel could record a 90,000-MT surplus this year. When you start producing, will there be demand for your product?

NR: Obviously demand is a big concern. And you’re correct, although I didn’t see 90,000, I have 70,000 to 80,000, which is not that far off. So short term, there will be a very strong surplus of nickel in the market. A report put out by Wood Mackenzie that looks at nickel supply says that for 2013, 2014, 2015 and even 2016, we’re going to have a surplus in nickel supply, but after there should be a shortcoming in nickel supply.

Now, this is from one group. It’s just like trying to predict the gold price. Some guys were saying $2,000 gold, but we’ve seen the gold price crash before we even got there. I think the supply of nickel is the same. It’s very country dependent, as in who’s consuming it. The big ones are China and Europe. If we are starting to see a rebound in European demand, maybe this will come through. But obviously we do anticipate a little bit of a slowdown in China, although their GDP is still pretty impressive at 7 percent, 8 percent. The next place we’re seeing a strong rebound in the market is Japan, and with auto sales doing well in North America, that might help with nickel consumption, but really it comes down to China playing a large role. It’s a big consumer of a lot of base metals.

NIN: Thank you very much for speaking with me.


Zanthus Ni-Cu Project in Australia

Posted by on Monday, 19 August, 2013

The Zanthus Ni-Cu Project is located approximately 60km along strike from the Sirius Resources’  Nova-Bollinger Ni-Cu discovery in the emerging Fraser Range Nickel Province, Western Australia. The project covers an area of 367km2. Gravity data was gathered over an area of 137km2 of the potential gneiss units interpreted as being similar to those that host “the Eye” mafic – ultramafic intrusive that contains the Nova-Bollinger deposit.

Buxton commenced a VTEM survey over the Zanthus (E28/1959) Project in August 2013. The survey covered 145km² and was flown at 250m spacing using the VTEM max system. If conductors indicating potential sulphide bodies are encountered, additional infill lines will be considered.

The survey area is focused on possible mafic‐ultramafic intrusive bodies identified in the recent gravity survey. From the 15 targets identified from the gravity survey, 3 have been designated as high priority (priority 1) targets and include.

  • Z‐01: Very strong remanent magnetisation with coincident gravity high located on fold axis of dome structure and margin of a large intrusive body. Surface copper geochemistry high 112ppm.
  • Z‐02: Magnetic features including discrete positive anomalies and remanent magnetisation. Localised gravity high located along fold axis of large dome‐type structure on the margin of intrusive body.
  • Z‐06: Moderate to weak magnetic remanence on the margin of intrusive body. Located along regional shear zone with both broader and discrete gravity highs. Surface nickel geochemistry high 95 ppm.

Once preliminary results are received, a first pass geochemistry program will commence.

details


Initial Drill Program Successfully Extends Blackbird and Black Horse Chromite Zones in Ring of Fire

Posted by on Tuesday, 23 July, 2013

Bold Ventures Inc. and KWG Resources Inc. announce jointly the following drilling results from the initial diamond drill program on their Koper Lake Joint Venture in the Ring of Fire (ROF) Northeastern Ontario, which is under option from Fancamp Exploration Ltd. (FNC) (see Bold’s press release dated January 7 2013). In turn KWG has optioned the property from Bold on terms that are described in a Bold press release dated March 4, 2013.

Drilling with three drills commenced early in March 2013. The drilling was briefly halted in early April 2013 pending the issuance of an Exploration Permit by the Ontario Ministry of Northern Development and Mines pursuant to the revised Ontario Mining Act.

In late May while drilling the last two holes of the program a forest fire, in close proximity, threatened the drill camp which housed the project personnel. All personnel were evacuated from the area until the fire was brought under control. As a result, the program budget was exhausted and the last two holes were stopped short of the target depth. Casing for holes FNCB-13-35 and FNCB-13-37 was left in place and capped for access at a later date.

During the program a total of ten holes (FNCA-13-29 and 29W1, and FNCB-13-30 to 37) totaling 6040.8 metres were drilled.

Drill Results Nickel/Copper Massive Sulphide Potential

Hole FNCA1329 was collared in the northwest corner of the Fancamp property to provide a platform for down hole geophysical surveying in a northerly oriented ultramafic conduit feeding the northeast-southwest striking Ring of Fire (ROF) ultramafic complex. A similar north-south striking conduit further west hosts the Eagle’s Nest copper-nickel base metal deposit previously discovered by Noront Resources Ltd. in 2007. The hole encountered poor ground conditions and had to be halted before reaching its target depth and was wedged off at 1015 metres. This wedge hole, FNCA-13-29W1, was advanced as far as 1051 metres when the hole was stopped and surveyed with a down-hole electro-magnetic system. Results did not warrant any further drilling from this platform.

Drill Results Chromite

Holes FNCB-13-30 to 37 were drilled to further explore the Black Horse chromite mineralization previously discovered by FNC (see Fancamp’s press release dated May 24th, 2011) as well as to test for the eastern extension of the Blackbird chromite mineralization located on the adjoining Noront Resources Ltd. claims (see Noront’s press release dated March 20th, 2012). The holes were drilled to test an approximate 800 metre strike length of the Blackbird – Black Horse horizon on the western most claim of the four-claim Koper Lake Property. The program was successful in confirming that chromite mineralization does exist within the Koper Lake property directly to the east of the adjoining Blackbird deposit owned by Noront Resources and also in extending the Black Horse mineralization outwards from previously drilled (2010) holes FN1025 and FN1026. Further drilling is required in order to understand the spatial relationship of the Blackbird and Black Horse horizons and the continuity and orientation of those mineralized zones.

Highlights

Holes FNCB1330, 32 and 33 were drilled to test the downplunge continuity of chromite mineralization delineated on the adjacent Noront Resources property.

Hole FNCB1330 intersected 45.76 metres of chromite mineralization from 655.5 to 701.26 metres consisting of disseminated, heavily disseminated, semi-massive and massive chromite. This intercept contains two intervals dominated by massive chromite: from 664.67 to 677.65 metres (12.98 metres) and from 685.67 to 696.32 metres (10.65 metres). The weighted average percentage of Cr2O3 of these two intervals is 26.44% and 31.89% respectively.

Hole FNCB1332 encountered a thin band of massive chromite between 656.13 and 659.0 metres. The intercept assayed 34.48% Cr2O3 over 2.87 metres.

Hole FNCB1333 intercepted two intervals dominated by massive chromite, from 695.48 to 721.07 metres (25.59 metres) and from 753.0 to 813.26 metres (60.26 metres). The weighted average percentage of Cr2O3 of these two intervals was 27.98% and 28.31% respectively. These zones were encountered within a broader low-grade horizon of chromite mineralization.

Diamond drill holes FNCB1334 and 36 from the same collar location were drilled to test a shallow gravity anomaly which was interpreted to possibly represent the updip extension of the Black Horse mineralization.

Hole FNCB1334 drilled at -68 degrees encountered disseminated to layered chromite between 127.44 and 144.14. Assay results included 5.66 metres grading 18.51% Cr2O3 (from 137.58 metres to 143.24 metres).

Hole FNCB1336 drilled at -45 degrees intersected massive to heavily disseminated chromite between 126.44 and 132.84 metres. Assay results included 4.01 metres grading 18.56% Cr2O3 (from 126.44 metres to 1304.5 metres)

Holes FNC1335 and 37 were stopped short of target depth. Future plans will include continuing those holes to their completion.


TEM Geophysics for Maniitsoq Ni-Cu-Co & PGE Sulphide Project in Greenland

Posted by on Friday, 12 July, 2013

North American Nickel Inc. announces that diamond drilling has begun on its 100% owned Maniitsoq project. A minimum of 3,000 meters is planned and it will focus on testing high priority VTEM electromagnetic (EM) anomalies defined within the 70 km-long Greenland Norite Belt and on following up the multiple high-grade nickel sulphide intersections drilled by NAN last year at Imiak Hill and the Spotty Hill discovery.

NAN CEO Rick Mark states: “The full team is now in Greenland and helicopter supported fieldwork, including channel sampling and ground truthing of anomalies is underway. The drill team has also begun its work and is supported by a second helicopter. The plan is flexible allowing us to stay in areas that produce core of interest to the geologists on site. COO Neil Richardson is leading the crew. We are planning to ship core samples weekly out of Maniitsoq. It will be an exciting summer for all of us.”

The drilling will be done with a helicopter-portable drill contracted from Westcore Drilling Ltd. A borehole pulse EM (BHEM) system, supplied and operated by Crone Geophysics & Exploration Ltd., is on site. It is anticipated that most holes will be surveyed with the BHEM system, which greatly increases the search radius of the holes, allowing geologists to target follow-up holes more precisely. The system can also be used for surface surveying in the event that an EM anomaly requires more detailing prior to drilling.

Throughout the summer field crews will continue to map, prospect, sample and evaluate VTEM anomalies on surface. Approximately 660 line-km of VTEM helicopter time domain EM surveying is planned for later in the season. The survey will be flown by Geotech Ltd. and will cover several areas of interest outside the main norite belt.

- See more


PLANS FOR NI-CU-PGE PROJECT IN SOUTHWEST GREENLAND

Posted by on Tuesday, 28 May, 2013

North American Nickel Inc. announces that it has finalized the 2013 exploration plan for its 100% owned Maniitsoq project. The program, which is scheduled to commence in mid-June, will consist of a minimum of 3,000 meters of diamond drilling to follow-up on 2012 discoveries and test new geological, geophysical and geochemical targets identified from a review of exploration datasets. Surface pulse time domain electromagnetic (PEM) surveys and 550 line-km of helicopter time domain, electromagnetic and magnetic surveying will also be undertaken in areas not covered in 2011 and 2012.

NAN CEO, Rick Mark states: “We expect this to be a busy, exciting and productive year at Maniitsoq. Our experience on the project for the last two years and particularly our camp/drilling experience last year has allowed us to ramp up for our planned $5,500,000 2013 program smoothly and efficiently. Chief Geologist John Pattison has been full time on the project since we left Greenland last September. COO Neil Richardson will accompany our expanded ground team to Maniitsoq in early June with drilling expected to begin on, or around, June 21, 2013. Target identification has been very successful, as we now have identified more than 100 targets for consideration at Maniitsoq.”

Key elements and objectives of the 2013 Maniitsoq program are as follows:

DIAMOND DRILLING

  • To explore along strike and down plunge of the high grade mineralized zones intersected by NAN in 2012 at Spotty Hill and Imiak Hill.(e.g.123.94 m @ 0.81% Ni, 0.21% Cu, 0.03% Co and 0.26 g/t PGM including 24.20 m @ 1.75% Ni, 0.34% Cu, 0.06% Co and 0.52 g/t PGM at Spotty Hill and 26.98 m @ 0.98% Ni, 0.44% Cu and 0.04% Co including 16.64 m @1.36% Ni, 0.52% Cu and 0.05% Co at Imiak Hill). For example, the attached longitudinal section (Figure 1) shows the planned pierce points for three holes designed to test the interpreted down plunge extension of intersections in holes MQ-12-001 and -002 at Imiak Hill last year.
  • To test new, high priority conductors identified by helicopter-borne time domain electromagnetic surveys flown by NAN in 2011 and 2012. Priority will be given to high conductivity targets associated with mafic-ultramafic rocks such as target P-63 (see NAN press release dated March 20, 2013 for details).
  • Three-component bore hole electromagnetic (BHEM) surveys will be undertaken to increase the effective search radius of the hole. In cases where a hole has intersected conductive mineralization, the BHEM data can help determine its orientation. In cases where a hole fails to intersect a target conductor, the BHEM data can often provide more precise information on the direction to the conductor which allows the geologist to design a more accurate follow-up hole to intersect the target.

FIELD CHECKING OF POTENTIAL DRILL TARGETS

  • Over the winter NAN’s exploration team combed through all available exploration data from the project area. As a result, the inventory of potential targets has increased to over one hundred (Figure 2). To date less than 40 of these have been checked in the field. This year a four person team will be dedicated to checking as many of the other targets as possible.
  • The field checking will consist of prospecting, rock sampling and in some cases channel sampling and/or geological mapping.

SURFACE PULSE TIME DOMAIN ELECTROMAGNETIC (PEM) SURVEYS

  • Focused PEM surveys will be done over selected targets where further detail is required. The PEM system may also be used to test geophysical and geological hypotheses prior to drilling.

HELICOPTER TIME DOMAIN ELECTROMAGNETIC AND MAGNETIC SURVEYS

  • The surveys will be flown over several small blocks that cover areas of geological interest outside the main Greenland Norite Belt and in areas recently acquired by North American Nickel.

The 2013 exploration program will be conducted from a field camp situated within the project area. The camp logistics will be supplied by Xploration Services Greenland ApS of Nuuk who will also provide general expediting and support to the project. Westcore Drilling Ltd of Salmo, British Columbia will perform the diamond drilling and Crone Geophysics & Exploration Ltd. of Mississauga, Ontario will conduct the BHEM and surface PEM surveys. All of these contractors are experts in their respective fields.

To view the maps associated with this release, please visit the following link: http://media3.marketwire.com/docs/n528nan1.pdf.


Ni-Cu sulphide exploration target in a recent airborne EM in Australia

Posted by on Thursday, 11 April, 2013

Cassini Resources (ASX: CZI) has defined a large scale high priority nickel-copper sulphide exploration target in a recent versatile time domain electromagnetic (VTEM) geophysical survey over its West Musgrave Project in Western Australia. Source..


The company believes the West Musgrave Project has the potential to host another large nickel-copper sulphide deposit such as BHP Billiton’s nearby 1.66 million tonne copper equivalent Nebo‐Babel deposit.

The target at West Musgrave is defined by a strong electromagnetic anomaly occurring over a strike length of about 600 metres.

The electromagnetic anomaly coincides with a dipolar total magnetic intensity anomaly.

Magmatic nickel sulphide deposits are usually highly conductive, and are often hosted by mafic and ultramafic rocks containing the magnetic iron oxide mineral, magnetite.

Cassini has begun planning and permitting for an on‐ground electromagnetic survey which will assist in defining higher order conductors and help to prioritise subsequent drill program targets.

The Musgrave is a poorly explored province currently experiencing aggressive exploration expenditure following the discovery of BHPB’s Nebo and Babel nickel-copper-PGE sulphide deposits. Beadell Resources’ “Handpump” project has seen the first intersections of economic gold mineralisation in the Musgrave.

The tenements are prospective for nickel, copper, Platinum Group Element’s (PGE), gold and iron.

Many of the gravity and magnetic anomalies identified by majors BHP Billiton and Anglo Australian are located on the project. None of these have been tested by drilling. Cassini looks forward to commencing exploration or partnership opportunities on successful grant of the tenements.


The new discovery on Sugar Zone Property (Ontario)

Posted by on Monday, 1 April, 2013

HARTE GOLD CORP. provides an update of current operations at the Sugar Zone Property.

VTEM Target Drilling

Harte Gold has completed a four hole diamond drill program on the Ni-Cu VTEM anomaly located at the north end of the Dayhossarah lake on Harte Gold’s Sugar Zone Property.

The drilling discovered a broad zone of semi massive to massive sulphides in Komatiites with intersections up to 160 metres in thickness with primarily pyrite and pyrrhotite.

Assays of the drill core contained minor amounts of nickel, copper, platinum and palladium. Some higher grade intersections of magnesium were discovered running up to 11% Mg and were associated with biotite schists. No further work will be done on this target at this time.

“The VTEM Survey clearly outlined an area of massive sulphides that was proven with the drilling,” said Stephen G. Roman, Harte Gold’s President & CEO. “Now we need to test the other VTEM targets we have generated with our 2012 survey, to potentially discover new areas of economic mineralization on the Sugar Zone Property.”

Sugar Zone Deposit Bulk Sample Update

Harte Gold is pleased to announce the Ministry of Northern Development and Mines has accepted and filed its Closure Plan for the 70,000 tonne bulk sample. Harte Gold is proceeding with other permitting work associated with site preparation and underground development and looks forward to moving forward with this project.

Harte Gold is currently conducting a 1,500 metre seven (7) diamond drill hole program to establish 35 metre pierce points and confirm the grade in the bulk sample area. Assay results will follow.

http://www.hartegold.com/wpress/wp-content/uploads/2013/03/2013-02-27-March-2013-Final.pdf


Down Hole Geophysics Confirms Significant Conductor at New Morning in Western Australia

Posted by on Saturday, 2 February, 2013

Western Areas Ltd provides an update from ongoing exploration activities at the new high grade discovery at New Morning, within the company’s

flagship Forrestania Nickel Operation.

Highlights

  • Assays have confirmed and extended the high grade discovery increasing the initial Niton estimate of 2.7m at 5.5% nickel to 3.0m at 6.3% nickel, including 2.4m at 7.6% nickel;
  • A down hole electro-magnetics survey (DHEM) has confirmed the company’s initial expectation that the high grade discovery hole has only intersected the edge of the mineralised zone with initial modelling indicating a plate approximately 150m x 250m wide; and
  • Forward work program being rapidly defined – initial steps to expand the discovery will see an immediate second drill hole commenced from the parent hole, targeted towards the centre of the modelled DHEM plate, followed by further DHEM tests to further refine targeting.

Western Areas Managing Director, Dan Lougher, said the Company was eager to follow up the recent geophysics and high grade assays with a sustained drilling program.

“We have previously stated that we believe the 6km between our two high grade mines of Spotted Quoll and Flying Fox are the most prospective for identifying a new high grade nickel deposit. Whilst drilling is still at an early stage, it is pleasing for the entire team to see the strategy starting to deliver results,” said Mr Lougher.

“The Forrestania Nickel Operation is a fully developed brownfields site, with power, water, roads and associated infrastructure all located along the prospective 6km belt meaning that any new deposit can be turned into an operating mine quicker and cheaper than any new greenfield discovery.

“We look forward to providing the market with updates as we continue drilling at New Morning,” said Mr Lougher.

Assays

Assays have now been received and have confirmed the high grade nature of the intercept, with improved intersection length and grade from the Niton measurements previously announced. NMD177 now measures 3.0m at 6.3% nickel, including 2.4m at 7.6% nickel. Deleterious elements (principally arsenic) are very low, and similar to the levels seen at Flying Fox.

Down Hole Electro-Magnetics

A DHEM test has been conducted on the lower portion of NMD177 with Newexco implementing the geophysical survey. The initial interpretation of the data by Western Areas’ exploration staff and Newexco indicates that a significant off-hole conductor exists to the south and slightly higher than the intersection announced. Whilst it is difficult to define the extent of the conductor from one hole, modelling of the DHEM data indicates a plate of approximately 150m by 250m. The DHEM data also indicates the current drill hole has not intersected the central portion of the plate, confirming our expectation that we may have only intersected the edge of this discovery.

The New Morning deposit is a medium grade nickel deposit, lying between the high grade Flying Fox and Spotted Quoll deposits.

The company believes that the potential for further Flying Fox or Spotted Quoll style mineralisation in this area is high, and significant exploration resources have been devoted to testing this area.