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Churchill Resources Identifies Mineralized Magmatic Intrusive System at Taylor Brook Ni-Cu Project, Western Newfoundland
TORONTO, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce that its Phase 1 Explorati
About this update from Churchill Resources Inc
[{"type":"text","content":" TORONTO, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce that its Phase 1 Exploration Program at Taylor Brook in western Newfoundland has proceeded well and has identified and started to evaluate a magmatic Ni-Cu system on the property which appears to have significant scale. Historic drilling of the Layden Showing in 2008 returned 4.25 m of 1.63% Ni, 0.36% Cu and 0.027% Co in hole 08-TB-17 Recent Churchill drilling and mapping indicate that Layden may be part of a much larger mineralized magmatic system of sulphide breccia structures within a gabbroic intrusive Sulphide-cemented breccia structures have been intersected in several locations over ~100m along the overall gabbroic intrusive thus far, at depths from surface to ~-200m. mineralized breccia structures appear to range from 5-15m wide with sulphide contents up to 40% (pyrrotite-pendlandite-chalcopyrite) locally over 10-20cm Assay results are expected from Churchill’s 2,477m Phase 1 drilling program towards the end of the year Paul Sobie, Chief Executive Officer of Churchill remarked, “We are really excited by the drilling and surface mineralization at Taylor Brook, which indicate that we are intersecting lithologies and textures related to magmatic Ni-Cu deposits. We look forward to continuing to evaluate this magmatic system and potentially locating more massive styles of mineralization, as well as any other systems we may discover on the overall property.” Taylor Brook Project Drilling, mapping and geophysical surveys indicate that the mineralized outcrop at the original Layden Showing appears to be part of a much larger intrusive magmatic Ni-Cu system striking east-southeast and plunging to the southeast with significant thicknesses based on drill intersections. The Layden magmatic system is hosted by a discrete, magnetic, meta-gabbroic to meta-pyroxenitic intrusion within basement gneisses with the Ni-Cu mineralization taking the form of pods, thin horizons and blebs of pyrrhotite, pentlandite and chalcopyrite that brecciate the pyroxenite. The sulphide-cemented breccia structures have been intersected in several locations over ~100m along the overall gabbroic intrusive at depths from surface to ~-200m. The mineralized breccia structures appear to range from 5-15m wide with sulphide content...