- Nickel North Exploration (NNX) is outlining exploration plans for the 2022 season at its Hawk Ridge Nickel-Copper-PGE Cobalt Project in Quebec
- Proposed work will focus on the high-grade Gamma zone and Hopes Advance North zone, which was defined from a previous drilling and surface program
- The Vancouver-based exploration company will also re-process and interpret ground magnetic data collected in 2013 and 2014 via VLF surveys
- Fieldwork is expected to include oil sampling, rock channel sampling, geochemistry study and field mapping
- Nickel North Exploration is down 8.33 percent, trading at $0.055 at 11:20 a.m. ET
Nickel North Exploration (NNX) has outlined exploration plans for the 2022 season at its Hawk Ridge Nickel-Copper-PGE Cobalt Project in Quebec.
The proposed work will focus on the high-grade Gamma zone and Hopes Advance North zone, which was defined from a previous drilling and surface program.
The Vancouver-based exploration company will also re-process and interpret ground magnetic data collected in 2013 and 2014 via VLF surveys.
Fieldwork is expected to include oil sampling, rock channel sampling, geochemistry study and field mapping.
The company hopes to identify drilling targets vectoring and for a potential drill program in the winter of 2022, lasting into 2023.
Nickel North also announced a non-brokered private placement offering of up to 20,000,000 private placement units, which could generate gross proceeds of up to $1,000,000.
“I recall the News Release on November 10, 2014 ‘Nickel North intersects 7.01 metres at 2.11% Ni, 2.73% Cu and 0.62 grams PGEs per tonne on Hawk Ridge’s Gamma prospect in northern Quebec.’ This was one of the best intersections of my career yet, sadly with no opportunity for following up until now. Nickel North has an enormous amount historic and unprocessed data not to mention a large area of property within the world’s most prolific Ni-Cu-PGE-Co Belts (Circum-Superior Belt): Thompson Nickel Belt, Raglan Belt and New Quebec Oregon (Hawk Ridge) Cu-Ni-PGE-Co Belt. I believe Hawk Ridge project will have a huge potential to expand the current nickel and copper resources in the short term,” said Nickel North Senior Technical Advisor Dr. Larry Hulbert.
Nickel North Exploration is down 8.33 percent, trading at $0.055 at 11:20 a.m. ET.
