SPC Nickel Corp (TSX-V:SPC, OTC:SPCNF) has announced assay results from a further four out of 18 diamond drill holes from the completed 2022 drill program at its 100% owned Lockerby East project located near Sudbury, Ontario, which included 16.5 metres (m) of 0.84% nickel equivalent.
The Ontario-focused exploration company said the previously-announced 14 hole, 4,200m drill program is designed to further evaluate and expand the extents of the higher-grade, nickel-copper zone hosted within the larger West Graham deposit.
“We continue to be pleased with our drilling on the West Graham section of the Lockerby East Project,” SPC Nickel CEO Grant Mourre said in a statement.
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“These new results combined with previously announced results from hole WG-22-001, further confirm the presence of multiple higher-grade zones and demonstrate the potential for West Graham to be a significant nickel asset for SPC in an already established nickel camp,” Mourre added.
SPC Nickel noted assay results from the remaining 13 holes are expected to be released over the upcoming months as the results become available.
The Lockerby East project hosts both the past-producing Lockerby East Mine and the unmined, near-surface West Graham nickel-copper sulphide deposit that contains over 47,000 tonnes of nickel and 34,000 tonnes of copper in Indicated and Inferred historical resources, according to the company.
SPC Nickel is a new Canadian public corporation focused on exploring for nickel-copper-platinum within the world class Sudbury Mining Camp. The company is currently exploring its key 100% owned exploration projects Lockerby East and Aer-Kidd both located in the heart of the historic Sudbury Mining Camp and holds an option to acquire 100% interest in the Janes project located approximately 50 kilometres northeast of Sudbury.
Contact Sean at sean@proactiveinvestors.com