- Sudbury-based SPC Nickel (SPC) has started its 2021 drill program at its Janes Ni-Cu-PGM Project
- Drilling will focus on testing a series of high-priority targets generated from recent channel sampling and ground geophysical programs
- There has been no previous systematic drilling on the property
- Drilling will follow-up on previous mineralization testing and an induced polarization survey
- SPC Nickel is up 2.08 per cent, trading at C$0.24 at 11:01 am ET
Sudbury-based SPC Nickel (SPC) has started its 2021 drill program at its Janes Ni-Cu-PGM Project.
The nickel-copper project is located in Sudbury, Ontario.
The drill program will focus on testing a series of high-priority targets generated from the recently completed channel sampling and ground geophysical programs.
The objectives of the 2021 drill program are to define the extent and continuity of the Trench 1 mineralization, and test the ‘Target B’ geophysical anomaly identified in the recently completed ground Induced Polarization survey.
“While the deep drill program continues at the Company’s flagship Aer-Kidd project, the Janes Trench 1 drill program will test near and at surface opportunities with the goal of defining the extent of the known high-grade mineralization observed at surface. Systematic drilling has not been previously completed on the property and we look forward to building our understanding of the style and distribution of mineralization to determine our next steps at Janes,” said SPC Nickel President and CEO Grant Mourre.
The Trench 1 drill program is designed to test the lateral and vertical continuity of the mineralized zone that is exposed at surface in a 35 metre by 30 metres mineralized outcrop. Mineralization at the T1 area is dominated by disseminated sulphides, hosted within a hypersthene-bearing gabbro unit situated 10 metres above the basal contact of the Nipissing sill and the surrounding metasediments.
Historic drilling completed by Pacific North West in 1999 reported similar grades and thicknesses as encountered at surface at a down-dip depth of 50 metres.
Results from the recently completed ground IP survey highlighted a large 300 metre by 450-metre chargeability anomaly located 500 metres to the west of the T1 mineralization, in an area that has seen no previous exploration activities. This anomaly is considered to be particularly perspective as it is of similar size and shape, and is located in the same geological environment as the Trench 1 mineralization. An initial exploratory drill hole is planned to determine the sources of the chargeability anomaly at Target B.
SPC Nickel is up 2.08 per cent, trading at C$0.24 at 11:01 am ET.