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Class 1 Intersects 1.47% Nickel Over 1.65 m at Alexo North in Timmins

Sep 30, 2021

Class 1 Nickel and Technologies Ltd. has announced intersections of high-grade nickel sulphides in Phase 1 diamond drilling on the Alexo-Dundonald Property near Timmins. The goal of Class 1 Nickel’s mineral exploration program is discovery of high-grade (>1% Ni) nickel sulphide deposits for direct shipping to existing mineral processing plants in this region of northeastern Ontario.


  • Massive and net-textured nickel sulphides intersected in Alexo North diamond drill hole AN-21-04;
  • Hole designed to test strong plate conductor model to the northeast of the Alexo North Deposit; and
  • Follow-up geophysical surveys and drill programs planned for fall 2021/winter 2022.

Drill Program Results

The summer 2021 program was Class 1 Nickel’s initial drilling on the Property and the first since that completed by Canadian Arrow Mines Ltd. (previous owner) in 2011. Class 1 Nickel’s program consisted of 13 diamond drill holes totalling 2,644 m. The program was planned to test priority targets in the immediate Alexo North Deposit area and to the northeast, interpreted recently from the 2020 VTEM survey flown by the Company and interpretation of borehole electromagnetic (“BHEM”) conductor plate models from historical drill holes. This new drill program was completed by G4 Drilling of Val-d’Or, Quebec, under the supervision of Terra Modelling Services of Saskatoon, Saskatchewan.

At this point, assay results are available for the first four holes of the Phase 1 program. Holes AN-21-01, -02 and -03 did not return significant assay results: however, hole AN-21-04 intersected a high-grade mineralized interval (Figure 2 and Table 1). Assayed samples returned 0.58% Ni over 5.85 m from 123.5 m downhole, including 1.47% Ni (and 0.21% Cu) over 1.65 m of net-textured and massive sulphides from 127.7 m downhole (Figure 3). AN-21-04 was designed to test a strong borehole electromagnetic (“BHEM”) conductor plate model located approximately 100 m north-northeast of the Alexo North Deposit (historical Alexo Mine). The hole deviated away from the BHEM target, but intersected massive sulphides anyway. Holes AN-21-10 and AN-21-11 were also designed to intersect the same BHEM target and intersected massive sulphides (see Company press release dated June 10, 2021), but the assays are still pending from the laboratory. The drill core samples were assayed by AGAT Laboratories of Mississauga, Ontario.

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