Canada Nickel Company Inc. has announced preliminary results from the start of its drill programme at the MacDiarmid Nickel Project located 23 km southwest of the company’s initial Crawford discovery. Assays are pending on all holes.
Mark Selby, Chair and CEO, said: “We are very pleased to have made a second discovery, following our initial success in Crawford Township. The first three holes drilled at MacDiarmid returned significant intersections of mineralised dunite similar to the average mineralisation we initially discovered at Crawford. The results of our preliminary economic assessment for Crawford will now be released on 25 May 2021 with a conference call to be held the following morning at 10 am EDT 26 May 2021.”
Steve Balch, VP Exploration, added: “These results confirm the success of our geophysical targeting approach by successfully drilling our first new target identified on our option properties. We look forward to drilling the other targets identified across our four additional nickel properties, and our recently added sixth target at Bradburn/Dargavel.”
The MacDiarmid Project is located 15 km west of the world-class Kidd Creek Mine and 23 km southwest of the company’s initial discoveries in Crawford Township. The Crawford Nickel-Cobalt Sulphide Project is located in the heart of the prolific Timmins-Cochrane mining camp in Ontario, Canada, and is adjacent to well-established, major infrastructure associated with over 100 years of regional mining activity.
MacDiarmid Nickel Project
The MacDiarmid ultramafic intrusion (MUI) is approximately 3 km long and 150 to 600 m wide with the primary target a set of coincident geophysical anomalies of 1.8 km long and up to 400 m wide. Three holes were collared on the eastern side of the intrusion spaced 200 m apart and were designed to intersect dunite-peridotite at right angles to the strike direction of the MUI. Mineralisation has been defined across a strike length of 400 m to a maximum depth of 360 m and widths of 150 – 200 m. All holes were drilled to the south (205° azimuth) at -50° inclination.
Read the article online at: https://www.globalminingreview.com/exploration-development/19052021/canada-nickel-announce-discovery-at-macdiarmid-nickel-project/