Market Herald logo

Subscribe

Be the first with the news that moves the market

Investors are starting to pay attention to junior nickel explorers.  SKRR now has both the exciting Father Lake Nickel project in Saskatchewan nearby the Rio Tinto/ALX JV and the Nickel Peak property in Northern BC. 

SKRR EXPLORATION INC. ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE A 100% INTEREST IN THE NICKEL PEAK CLAIM GROUP, OMINECA MINING DISTRICT OF BRITISH COLUMBIA

SKRR Exploration Inc. (TSX-V: SKRROTC Pink: SKKRFForum) has entered into a non-arm’s-length share purchase agreement dated June 6, 2022, to acquire all of the issued and outstanding shares of 1364991 B.C. Ltd., which owns a 100-per-cent interest in the Nickel Peak 1 and Nickel Peak 2 claim blocks, located north of the Decar nickel project of FPX Nickel Corp., an advanced project targeting awaruite, a nickel-iron alloy mineral, hosted by serpentinized ultramafic intrusive rocks of the Trembleur ultramafic unit.

The Nickel Peak group spans 3,874.5 acres (1,568 hectares) and is approximately 110 kilometres northwest of Fort St. James, B.C., in the Omineca mining district. Metallic mineralization includes nickel, cobalt and chromium with the documented presence of awaruite. Assays by Acme Analytical Laboratories Ltd. in 2005 returned up to 1,826 parts per million and 1,734 parts per million nickel with 1,113 parts per million chromium.

Nickel Peak Property Highlights:

  • World-class jurisdiction: British Columbia’s Omineca mining division is host to multiple world-class mining projects, including the nearby Decar nickel project of FPX Nickel, an advanced project targeting awaruite, a nickel-iron alloy mineral, hosted by serpentinized ultramafic intrusive rocks of the Trembleur ultramafic unit.
  • High-grade historic nickel assays and sampling: Assays by Acme Analytical Laboratories Ltd. in 2005 returned up to 1,826 parts per million and 1,734 parts per million nickel with 1,113 parts per million chromium. Sample results from an isolated mag anomaly on the SKRR’s Nickel Peak 1 claim block documented the presence of awaruite and returned up to 1,240 parts per million nickel in 2008 and up to 771.4 parts per million nickel in 1983.
  • Strong blue-sky potential: There is a documented presence of awaruite, high-grade historic nickel sampling and assays in an underexplored area of an active nickel camp. 

In other recent news EVNI has generated some excitement in Canada around very good Nickel results.

EV NICKEL PHASE 2 DRILLING RESULTS- 48.6 METRES GRADING 1.31% NICKEL FROM W4, SAMPLES SUBMITTED FOR MET TESTING

SKRR EXPLORATION INC. ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE A 100% INTEREST IN THE NICKEL PEAK CLAIM GROUP, OMINECA MINING DISTRICT OF BRITISH COLUMBIA

SKRR EXPLORATION INC. BEGINS AIRBORNE MAGNETIC SURVEY ON FATHER LAKE PROJECT, SASKATCHEWAN

IWA is a shareholder of SKRR Exploration.

More From The Market Herald

" Dovish central bank statements fuel market rally

The TSX continued its 45-day, 12-per-cent rally closing with a gain of 0.2 per cent.

" @ the Bell: TSX logs best weekly performance since June

For the fourth straight session, Canada’s main stock index closed higher for its best weekly gain since early June.

" Prime Meridian (TSXV:PMR) announces $1M financing

Prime Meridian Resources Corp. (PMR) has signed a non-brokered private placement financing agreement for proceeds of up to $1 million.

" Fortune Bay (TSXV:FOR) files Goldfields PEA

Fortune Bay (FOR) has filed an independent preliminary economic assessment (PEA) for its Goldfields Project in Saskatchewan.