- SPC Nickel Corp. (SPC) released new assay results from the 2022 drill program at its Lockerby East Project
- Hole WG-22-008, intersected a broad zone of Ni-Cu mineralization over 82.6 metres grading 0.68 per cent Nickel Equivalent (NiEq) from 246.0 to 328.6 metres, including a higher-grade zone of 0.87 per cent NiEq. over 16.0 metres
- Narrow intervals of high-grade massive sulphide were encountered in holes WG-22-008 and WG-22-009 including 2.15 per cent Ni, 0.50 per cent Cu over 2.0 metres
- SPC Nickel (SPC) is unchanged trading at $0.065 per share as of 10:35 am ET
SPC Nickel Corp. (SPC) released new assay results from the 2022 drill program at its Lockerby East Project.
Hole WG-22-008, intersected a broad zone of Ni-Cu mineralization over 82.6 metres grading 0.68 per cent Nickel Equivalent (NiEq) from 246.0 to 328.6 metres, including a higher-grade zone of 0.87 per cent NiEq. over 16.0 metres.
Narrow intervals of high-grade massive sulphide were encountered in holes WG-22-008 and WG-22-009 including 2.15 per cent Ni, 0.50 per cent Cu over 2.0 metres.
SPC Nickel’s CEO and president, Grant Mourre commented that the assay results from the West Graham drilling program that now include only eight of the 18 holes drilled during the campaign.
“The drilling continues to return thick mineralized zones with nickel and copper grades that are equal to or better than the historic resource. Additionally, the high-grade massive sulphide intervals encountered in holes 008 and 009, have us excited about the overall potential of the property.”
Assay results from the remaining 10 holes are expected to be released soon.
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 more than 47,000 tonnes of nickel and 34,000 tonnes of copper in indicated and inferred historical resources.
SPC Nickel explores for Ni-Cu-PGMs within the Sudbury Mining Camp.
SPC Nickel (SPC) is unchanged trading at $0.065 per share as of 10:35 am ET.
