SPC Nickel Corp (TSX-V:SPC, OTC:SPCNF) has updated investors on the progress at its recently consolidated West Graham-Crean Hill 3 project, including the start of the Phase 1 drill program.
In a statement, the company noted its previously announced agreement with Vale Canada granting SPC Nickel the right to earn 100% interest in the Crean Hill 3 property, adjacent to SPC Nickel’s West Graham property.
The first phase of the 25,000 metre (m) drill program, a 5,000 m program, will represent the first drilling to be completed on the Crean Hill 3 property since 1960 and the first by SPC Nickel since the signing of the agreement with Vale.
READ: SPC Nickel enters deal with Vale to consolidate ownership of West Graham and Crean Hill 3 deposits
The goal of the drill program is the test the continuity and grade of the mineralized zone across the property allowing SPC Nickel to complete an updated mineral resource estimate across the combined West Grahan-Crean Hill 3 property by the end of 2023, the company said.
SPC Nickel CEO Grant Mourre said the company was excited to embark on the 2023 Crean Hill 3 drill program, which will be its most ambitious drilling campaign to date.
“The Phase 1 program will focus on an area adjacent to the West Graham Deposit where historic drilling returned assay values 30% to 80% higher than the average grade of the resource,” he said.
“The program will then transition into Phase 2, where the remainder of the property will be tested with wide-spaced drilling.”
SPC Nickel is a Canadian public corporation focused on exploring for nickel, copper, and platinum group metals within the world-class Sudbury Mining Camp.
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