Class 1 Nickel reports drilling update at Alexo-Dundonald Nickel Property
2021-06-23 14:09:18 [Print]
Canada-based Class 1 Nickel and Technologies Ltd. announced progress of the Phase 1 drilling program at the Alexo-Dundonald Nickel Sulphide Property near Timmins, Ontario, Canada. The objective of the program is to drill test in the vicinity of the historical open pit mines and along strike of the current nickel sulphide Mineral Resources.
The company reported that the Phase 1 drilling has intersected massive and net-textured sulphide mineralization at Alexo North and Alexo South.
Modelling of borehole electromagnetic (BHEM) survey results for Alexo North and Alexo South has identified potential conductors parallel to and at depth below the known mineralization. Phase 2 drill program will follow-up on the Phase 1 intersections and test new and undertested BHEM generated targets.
The company reported that the Phase 1 drilling has intersected massive and net-textured sulphide mineralization at Alexo North and Alexo South.
Modelling of borehole electromagnetic (BHEM) survey results for Alexo North and Alexo South has identified potential conductors parallel to and at depth below the known mineralization. Phase 2 drill program will follow-up on the Phase 1 intersections and test new and undertested BHEM generated targets.
Nickel Ore Philippine 1.5%min CIF China
Unit:USD/mt
China refined nickel producers' operating rate statistics by province by month
Unit: %
