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Churchill Resources Confirms High Nickel Grades at Taylor Brook, NL
TORONTO, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce that surface and drilling
About this update from Churchill Resources Inc
[{"type":"text","content":" TORONTO, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce that surface and drilling results are returning very encouraging high grade nickel intercepts from the Layden Magmatic Intrusive prospect at the Company’s Taylor Brook Project in western Newfoundland. Results include: 4.49% Ni, 1.24% Cu, 0.078% Co over 1.77m in hole TB22-15 3.04% Ni, 0.36% Cu, 0.044% Co over 1.70m in hole TB22-20 3.23% Ni, 0.75% Cu, 0.061% Co over 1.54m in Channel Sample 33 “These near surface high grade results are consistent with our belief that we are on the edge of a potentially large-scale magmatic system,” Commented Paul Sobie, Churchill’s CEO. “The mineralization is open at depth and along strike, and we continue to interpret that the Layden intrusive and the adjacent Western Dyke are peripheral to a major mineralized system.” Both drill intercepts above were included within longer mineralized intervals, detailed in the table below. Note that all intersections are provided as core lengths, not true widths, which have yet to be determined. Hole/Channel Meterage Meterage Length Ni Cu Co S Target Area Specific Target Number From (m) To (m) (m) % % % % TB22-15 5.2 7.55 2.35 1.65 0.41 0.026 4.30 Layden Intrusive BHEM conductor plate TB22-15 9.58 14.02 4.44 2.79 0.54 0.046 7.80 Layden Intrusive BHEM conductor plate including 9.58 11.35 1.77 4.49 1.24 0.078 12.59 Layden Intrusive BHEM conductor plate TB22-19 106 106.55 0.55 2.43 0.08 0.044 6.53 Western Dyke BHEM conductor plate TB22-20 24.6 31.5 7.55 1.04 0.24 0.016 2.73 Layden Intrusive BHEM conductor plate including 24.95 26.45 1.5 1.47 0.65 0.024 4.32 Layden Intrusive BHEM conductor plate and 29.8 31.5 1.7 3.04 0.36 0.044 7.47 Layden Intrusive BHEM conductor plate Channel 33 0 1.54 1.54 3.23 0.75 0.061 11.86 Layden Showing Washed outcrop Channel 34 0 1.7 1.7 1.76 0.52 0.047 7.95 Layden Showing Washed outcrop 2022 fieldwork at Taylor Brook has taken both a detailed approach to the outcropping Layden Intrusive, coupled with a regional exploration perspective, assessing the bigger picture including the a...