Nickel SPC announces promising assay results from its ongoing 2024 drilling program at the West Graham Project in Sudbury, Ontario. A notable intersection includes 1.41% nickel and 0.33% copper over 16.0 metres. This drilling campaign is targeted to complete 2,500 metres over 40 holes by August, with additional assay results expected thereafter.
Highlights of recent analyses include:
- Drill hole WG-24-087: intersected 1.05% nickel and 0.30% copper over 16.0 metres from 32.0 to 48.0 metres within a broader interval of 0.63% nickel and 0.24% copper over 41.0 meters
- Drill hole WG-24-088: intersected 1.41% nickel and 0.33% copper over 16.0 metres from 20.0 to 36.0 metres within a broader zone of 0.87% nickel and 0.32% copper over 38.00 metres
Grant Mourre, CEO and President of SPC Nickel, said: “When we announced the start of drilling at West Graham in May, we emphasized our commitment to evaluating the project’s potential as a lower-stripping, higher-grade starter pit. These near-surface results clearly support that approach. Importantly, the assays we are releasing today are also significantly higher grade than those released with the in-pit indicated resource announced in January 2024, further reinforcing our already strong belief in the project’s upside economics.”
In January 2024, SPC Nickel released its first Mineral Resource Estimate (MRE) for the West Graham Project. The estimate identified an in-pit resource (0.3% nickel equivalent cut-off grade) with an indicated resource of 19.3 million tonnes at 0.42% nickel and 0.28% copper, as well as 3.3 million tonnes at 0.37% nickel and 0.28% copper in the inferred category. In addition, the out-of-pit resource (0.7% nickel equivalent cut-off grade) included 3.2 million tonnes at 0.63% nickel and 0.47% copper (0.92% nickel equivalent) in the indicated category, and 3.9 million tonnes at 0.69% nickel and 0.43% copper (0.97% nickel equivalent) in the inferred category.
SPC Nickel remains focused on nickel, copper and precious metals exploration across its portfolio, including the Lockerby East project in Sudbury and the Muskox project in Nunavut, as well as other properties in key mining regions of Canada.
For more information, visit www.SPCNickel.com.
