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Churchill Discovers Vanadium-Titanium-Iron Mineralization at the Taylor Brook Nickel Project, Newfoundland & Labrador
TORONTO, March 04, 2025 (GLOBE NEWSWIRE) -- Churchill Resources Inc. (“ Churchill ...
About this update from Churchill Resources Inc
[{"type":"text","content":"Churchill Discovers Vanadium-Titanium-Iron Mineralization at the Taylor Brook Nickel Project, Newfoundland & Labrador\n\n\n\n TORONTO, March 04, 2025 (GLOBE NEWSWIRE) -- Churchill Resources Inc. (“\n \n Churchill\n \n ” or the “\n \n Company\n \n ”) (\n \n TSXV: CRI\n \n ) is pleased to provide an update on its Taylor Brook nickel project where 2024 drilling and prospecting have returned anomalous Vanadium-Titanium-Magnetite (“VTM”) results at the TB-01 to TB-04 chargeability targets. These targets only cover a small area explored thus far on the margin of the large South Lobe of the Taylor Brook Gabbro Complex (“TBGC”), but suggest it to be a layered intrusion with critical minerals potential, in addition to the property’s high-grade magmatic Ni-Cu-Co mineralization seen at Layden (See news releases February 13, 2023, October 26, 2023).\n \n\n Mineralized magnetite-layered units sampled thus far at the South Lobe are generally several metres thick and gently dipping northeasterly, from which numerous 2024 samples returned anomalous values of 540ppm-955ppm V, 3.1%-7.29% Ti and >20% Fe with Ni, Cu and Co enrichment at several sites at the TB-01 Target (Fig. 1 and Table 1).   Winter Borehole Induced Polarization (“BHIP”) surveys at TB-01 have generated high chargeability off-hole targets in this same area, which will be drill tested along with a systematic trenching program.\n \n\n\n Highlights:\n \n\n\n\n Taylor Brook Gabbro a layered intrusion with economic potential for VTM critical metals\n \n\n Numerous enriched VTM layers outcrop at the South Lobe allowing systematic surface testing\n \n\n Ni-Cu-Co sulphides found at/near surface at TB-01, also enriched in VTM mineralization\n \n\n BHIP defines large, high chargeability targets near holes TB-24-42B and TB-24-43 at TB-01\n \n\n Spring 2025 work plans include systematic trenching and more drilling at TB-01, and\n \n\n Further exploration for both Ni-Cu-Co magmatic sulphides and VTM mineralization along strike from TB-01 and the ~10km\n \n 2\n \n magnetic/gravity anomaly at the South Lobe\n \n\n\n Paul Sobie, CEO, commented:\n \n\n “The anomalous VTM results we’re starting to see at TB-01 to 04, along with the associated shallow Ni-Cu-Co trends, are compelling, and systematic...