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SPC Nickel Intersects Massive Sulphides on the West Graham Nickel Project, Sudbury, Ontario

Mar 28, 2023


SPC Nickel has intersected massive to semi-massive sulphide mineralization at the recently consolidated West Graham and Crean Hill three properties  as part of Phase 1 drilling campaign.
 
SPC Nickel bases its announcement on visual observations of core samples obtained from the drilling. Laboratory assay results that give more detailed and accurate results have not yet been completed.
 
Volcanogenic Massive Sulphide (VMS) deposits are one of the richest sources of metals such as copper, lead, and zinc globally. VMS deposits can also produce economic amounts of gold and silver as by-products of mining these deposits.
 
"The intersection of over seven metres of semi-massive to massive sulphide in hole WG-23-026 is a very encouraging result for the Company,” said Grant Mourre, President, and CEO of SPC Nickel.
 
“The intersection adds a lot of support to our initial model that the higher-grade mineralization we encountered during our 2022 drill program on the West Graham Property could extend westward across the property boundary onto the adjacent Crean Hill 3 Property, and further reinforces our belief in the overall potential of the consolidated West Graham Project, " Mourre explained.
 
Currently, global metal production from VMS deposits accounts for 22% of zinc, 9.7% of lead, 6% of copper, 8.7% of silver and 2.2% of gold.
 
SPC Nickel is currently drilling the Crean Hill 3 portion of the Project, which is subject to the Agreement between SPC Nickel and Vale Canada.
 
Results from hole WG-23-026, indicate that drilling at the 8th Hole  intersected a 143.0 metre2 (76.0-219.0 metres) zone of 'West Graham-style' mineralization consisting of 5 to 20% sulphides. Contained within this intersection was an unexpected 7.80 metre2 interval (170.05-179.9 metres) hosting several intervals of massive to semi-massive sulphide mineralization. Assay results from WG-23-026 are pending.
               
Massive sulphide sections contain up to 10% visual pentlandite. The reported intersection is located approximately 150 metres west of the West Graham – Crean Hill 3 property boundary. To date, eight holes (1,000 metres) , including WG-23-026, have been completed and have intersected 'West Graham-style' mineralization over widths consistent with the current geological model. Assays from all these holes are pending.
 
SPC Nickel cautions that visual estimates of sulphide material abundance should not be a substitute for laboratory analysis. The company will provide an up date on laboratory analytical results when they become available.
 
SPC Nickel Corp. is a Canadian public corporation focused on exploring for Ni-Cu-PGMs within the world class Sudbury Mining Camp. SPC Nickel is currently exploring its key 100% owned exploration project Lockerby East located in the heart of the historic Sudbury Mining Camp that includes the Graham West Resource and the Crean Hill 3 property under option from Vale. 
 
The Company also holds three additional projects across Canada including the large camp-scale Muskox Project (located in Nunavut), the past producing Aer-Kidd Project (located in the Sudbury Mining Camp) and the Janes Project (located 50 km northwest of Sudbury). The corporate focus is on Sudbury, and SPC Nickel continues to look for new opportunities to add shareholder value.                 

Visit www.spcnickel.com                                           

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Image Map of SPC Nickel, West Graham Property


Tags: Northern Ontario / Exploration / Copper / All Articles