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Québec Nickel Discovers New Large Nickel + Cobalt-Bearing Ultramafic Intrusion at Ducros
This marks the second discovery of a large Ni-Co-bearing ultramafic intrusion at Ducros this year VANCOUVER, British Columbia / Sep 12, 2023 / Business Wire / Q
About this update from Aurbis Resources Corp.
[{"type":"text","content":"This marks the second discovery of a large Ni-Co-bearing ultramafic intrusion at Ducros this year VANCOUVER, British Columbia / Sep 12, 2023 / Business Wire / Québec Nickel Corp. (CSE: QNI; FSE: 7lB; OTCQB: QNICF) (“QNI” or the “Company”) is pleased to report drilling assay results from its Ducros Ni-Co-Cu-PGE project, located 85 kilometers northeast of Val-d’Or, Québec. Results discussed herein come from multiple drill holes completed at the southern margin of the large 25 square kilometer Ducros Gabbro target this spring. The newly discovered nickel and cobalt-bearing ultramafic intrusion, now referred to as the “Q-Zone”, has a surface geophysical footprint of approximately two square kilometers. Highlights: Hole QDG-23-306 intersected dunite for most of its 567-metre length and returned 0.22% nickel + 122 ppm cobalt over 164.50 metres; Hole QDG-23-307 returned 0.20% nickel + 107 ppm cobalt over a 249.00 metre core length which includes a higher-grade subinterval of 182.80 metres @ 0.21% Ni + 109 ppm Co; The surface geophysical footprint of the Q-Zone spans approximately two kilometers long by one kilometer wide. Richard Dufresne, QNI’s interim CEO and director, comments “…this is the second discovery of a large nickel + cobalt-bearing ultramafic intrusion at Ducros made by our exploration team during the first half of this year. These results, combined with the high-grade nickel-copper-PGE sulphide zone we have at Fortin Sill, make us a very rare Abitibi-focused junior exploration company that can boast of having these two styles of nickel targets in its inventory. We look forward to seeing what else this prospective property has to offer.” The Q-Zone The Q-Zone lies at the southern edge of the large five by five-kilometer Ducros Gabbro target, which is interpreted to be a large gabbroic intrusion, as outlined in the Québec Government’s digital SIGÉOM database (Figure 1). The airborne geophysical data collected by QNI in 2022 demonstrates the Q-Zone is characterized as having a strong magnetic high signature, divided into southern, central and northern lobes (Figure 2). Previous exploration conducted in the Q-Zone target area is limited to a single 145-metre-long hole drilled in 1957 that encountered mostly gabbroic rocks (Québec Government assessment report GM 38569; Figure 2). In addition to this lone drill hole, Québec Nic...