SPC Nickel Corp. (TSX-V:SPC) (“SPC Nickel”), is pleased to announce additional diamond drill results from the ongoing 2024 Drill Program at SPC Nickel’s West Graham Project (“West Graham” or “the Project”) located in the world-class nickel-copper mining district of Sudbury, Ontario (Figure 1).
Current drilling continues to confirm and upgrade near-surface mineralization with all mineralized intervals exceeding the average grade of the in-pit resource published in our maiden Mineral Resource Estimate in January 2024 (see news release here) with exceptional intersections as noted in the highlights below. Assay results from an additional 9 holes have been received and are reported here. To date, assay results for 12 (645 metres) of the 19 holes (1,150 metres) completed have been received. Significant results are presented below in
Tables 1 and 2.
Highlights:
• Hole WG-24-092, intersected 1.15% Ni and 0.29% Cu over 12.0 metres from 15.0 to 27.0 metres. This interval is part of a wider interval that returned 0.75% Ni and 0.24% Cu over 34.85 metres from 1.15 to 36.0 metres (Table 1).
Grant Mourre, CEO and President of SPC Nickel commented,
“The exploration drilling results announced today continue to underscore the West Graham Project’s potential as a low-strip, higher-grade starter pit. Notably, all results from our summer drill program to date have significantly exceeded the average grade of the In-Pit resource released in our maiden Mineral Resource Estimate in January 2024. The continuity and grade we are encountering near the surface at West Graham enhances our understanding of the Project’s robust geology which we believe underpins the economic upside at West Graham. We are encouraged by the substantial progress we have made this summer and look forward to releasing additional assays that will contribute toward realizing the full potential of this promising Project.”
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