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Québec Nickel Intersects 152 Metres of 0.21% Nickel + 114 ppm Cobalt at Ducros Sill
Results confirm the presence of large tonnage nickel-cobalt-bearing ultramafic intrusion with a geophysical expression spanning several hundred metres wide and
About this update from Aurbis Resources Corp.
[{"type":"text","content":"Results confirm the presence of large tonnage nickel-cobalt-bearing ultramafic intrusion with a geophysical expression spanning several hundred metres wide and seven kilometers long VANCOUVER, British Columbia / Jul 12, 2023 / Business Wire / Québec Nickel Corp. (CSE: QNI; FSE: 7IB; OTCQB: QNICF) (“QNI” or the “Company”) is pleased to report drill assay results from the Ducros Sill target at its Ducros Ni-Co-Cu-PGE project, located 85 kilometers northeast of Val-d’Or, Québec. Highlights: Hole QDG-23-503 was terminated at 450 metres depth in nickel + cobalt-bearing dunite, the last 118.30 metres of which returned 0.21% Ni + 117 ppm Co; Hole QDG-23-505 returned 293 metres at 0.19% Ni + 106 ppm Co, including a higher-grade subinterval of 152 metres @ 0.21% Ni + 114 ppm Co; Confirmation that the Ducros Sill is mineralized with nickel and cobalt across its entire ~300 metre width; the geophysical expression of the ultramafic body extends for seven kilometers along strike. Ducros Sill Target The Ducros Sill target lies at the southern half of the two-kilometer wide by fifteen-kilometer long Ducros Ultramafic Sill Complex (DUSC), in the south-central portion of QNI’s Ducros claims (Figure 1). Historically, four widely spaced holes were drilled in the immediate area by Abitibi Resources Ltd. (“Abitibi”) in 1987 (Figure 3, 4). Assessment report drill logs for the Abitibi holes describe variably serpentinized and magnetic dunitic +/- pyroxenitic rocks with occurrences of trace amounts of native copper and brucite throughout their entire drilled lengths (Quebec Government report GM 47268). Notable results include hole 87-6 which returned greater than 0.22% nickel and 120 ppm cobalt over the last 20 metres of the 106.7 metre long BQ diameter hole. As previously announced, the Company completed a series of holes this winter along an east-west fence approximately 100 metres north of the historical Abitibi hole 87-06 (see April 19,2023 news release). The fence of holes was designed to cut across the entire 600-metre-wide magnetic high feature (Figure 2, 3). In addition to drilling this fence of holes, the Company also completed a hole approximately one kilometer north of the drill fence to test the continuity of the Ducros Sill magnetic high anomaly, hole QDG-23-506, at the very end of the winter exploration program (Figure 2, 3). All four hol...