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Core Nickel Announces Re-Assay Results for the Mel Deposit on the 100%-Owned Mel Project in the Thompson Nickel Belt, Manitoba
Highlights: Confirmation of high-grade nickel mineralization with the following results: 1.73% Ni over 36.3 m in DDH 102503 (previously reported at 1.73% Ni) 2.
About this update from Arizona Eagle Mining Corp.
[{"type":"text","content":" Highlights: Confirmation of high-grade nickel mineralization with the following results: 1.73% Ni over 36.3 m in DDH 102503 (previously reported at 1.73% Ni) 2.81% Ni over 11.6 m in DDH 89300 (previously reported at 2.60% Ni) 2.32% Ni over 14.4 m in DDH 89299 (previously reported at 2.21% Ni) 2.42% Ni over 10.2 m in DDH 89296 (previously reported at 2.43% Ni) 2.08% Ni over 9.3 m in DDH 102510 (previously reported at 1.91% Ni) 2.92% Ni over 5.8 m in DDH 102501 (previously reported at 2.69% Ni) The nickel resampling results correlate well with the historical data and no meaningful bias was identified between the two datasets Saskatoon, Saskatchewan--(Newsfile Corp. - April 10, 2025) - Core Nickel Corp. (CSE: CNCO) (\"Core Nickel\" or the \"Company\") is pleased to announce the results of the re-analysis of twelve historical diamond drill holes (\"DDH\") from the Company's 100%-owned Mel project (the \"Project\") in the Thompson Nickel Belt, Manitoba. The resampling program was completed, in part, to verify historical assay results and help define methods and the overall approach for an updated National Instrument 43-101 mineral resource estimate. Understood Mineral Resources (\"UMR\" or \"Understood\") was retained by Core Nickel to confirm historical nickel assay results. The Mel project encompasses the Mel deposit (\"Mel\"), which is characterized by a historical mineral resource consisting of an indicated resource of 4,279,000 tons grading 0.875% Ni, plus an inferred resource of 1,010,000 tons grading 0.839% Ni, at a cut-off of 0.5% Ni.1 Misty Urbatsch, Chief Executive Officer, President, and Director of Core Nickel, commented, \"We are very encouraged by the re-assay results as it confirms both the integrity of the historical data and high-grade core of the deposit. This gives us added confidence in the quality and accuracy of the historical resource as well as provides a solid foundation as we move toward a modern mineral resource estimate. Highlights such as 1.73% Ni over 36.3 metres and 2.81% Ni over 11.6 metres reflect the strength and continuity of mineralization at the Mel deposit. Based on the confirmation from the re-assay results, Mel has the potential to be one of the highest-grade undeveloped nickel deposits in North America. Located just 20 kilometres from key infrastructure, including existing mines, mills with a...