SPC Nickel Corp (TSX-V:SPC, OTC:SPCNF) has announced initial assay results from its Phase 1 drilling campaign at the recently consolidated West Graham and Crean Hill 3 properties (West Graham Project) near Sudbury, Ontario.
The results included 2.48% nickel and 0.64% copper over 7.8 metres (m) in hole WG-23-026 within a larger 143m wide zone of 'West Graham-style' mineralization consisting of 5% to 20% disseminated to blebby sulphides.
The mineral exploration company said individual massive sulphide samples returned values as high as 5.88% nickel over 0.57m.
“These results demonstrate two important facts: first, the massive sulphide intersected in hole WG-23-026 confirms that the property has the potential to host high-grade, high-tenor nickel-copper massive sulphides between the previous wide spaced drilling completed in the 1950s; and second, the results to date of our infill drilling has returned thick intervals of nickel and copper mineralization that is consistent with or better than the historic indicated and inferred resource,” SPC Nickel CEO Grant Mourre said in a statement.
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“Given that we have only just started the infill drilling program with many holes left to drill, we're excited to continue to grow and expand the mineralized zone on the West Graham Property,” he added.
SPC noted that to date, 14 holes for 2,097m have been completed and more assay results are pending.
SPC Nickel is a Canadian public corporation focused on exploring for nickel, copper, and platinum group metals (PGMs) within the world-class Sudbury Mining Camp.
The company is currently exploring its key 100% owned exploration project Lockerby East located in the heart of the historic Sudbury Mining Camp that includes the Graham West Resource and the Crean Hill 3 property under option from Vale.
Contact Sean at sean@proactiveinvestors.com