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Class 1 Nickel commences geophysics program near Timmins

Sep 17, 2020

Class 1 Nickel & Technologies Limited has contracted Geotech Ltd to fly an extensive VTEM™ plus time-domain electromagnetic survey with additional horizontal magnetic gradiometry over its entire Alexo-Dundonald Nickel-Copper-PGE Property, 45 km northeast of the centre of Timmins.

The Alexo-Dundonald Ni-Cu-PGE Project consists of the Alexo, Kelex, Dundonald North and Dundonald South nickel deposits. The Alexo Deposit sits on the northeast arm of a large interpreted “Z”-shaped komatiite fold, while the Dundonald Deposit sits on the southwest arm of the same fold. A past producing operation (historical 2.0% to 4.0% nickel head grade) left historical nickel sulphide Mineral Resources (Ni-Cu-Co-PGE) that remain open at depth and along strike.

Geophysical consultant for Class 1 Nickel, Mr. Alan King, commented, "Class 1’s nickel team is eagerly anticipating the completion and interpretation of the VTEM survey. Having a new, higher resolution AEM survey will allow us to compare signatures from the known mineralized sulphide zones with what may lay deeper and/or surrounding the known deposits, and will be valuable in determining the potential of the Alexo-Dundonald Property."

Conducting the VTEM and magnetic survey over the existing Alexo-Dundonald historical Mineral Resources and interpreted Z-folded komatiitic peridotite will allow the technical team to map conductors of significance in subsurface areas that may be associated with magmatic semi-massive to massive Ni-Cu-Co-PGE sulphides, to an initial depth of approximately 300 metres. Targets from the airborne survey will be followed up on using surface AEM and/or drilling, and borehole EM surveys, as appropriate.

The VTEM Plus system is Geotech Ltd.’s flagship helicopter TDEM system, with over 3,000,000 line-km flown around the world for base and precious metals exploration. It’s large transmitter dipole moment and high signal to noise are ideally suited for the komatiitic Ni-Cu-Co-PGE targets sought by Class 1 Nickel.

Mr. Eugene Puritch, President of P&E Mining Consultants Inc. stated, “Successful nickel sulphide mines can plunge to depths of in some cases more than 1 or 2 km from surface, therefore the potential size and scale of Alexo-Dundonald is presently unknown. Considering that the majority of historical drilling and mining at Alexo-Dundonald has only ever been shallow work at less than 100 m below surface, the great bulk of the 20 square km Property remains essentially untested. Therefore, we are all keenly interested to see the potential generation of additional nickel sulphide targets.”

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