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Churchill Resources Resamples 2.17% Ni over 7.7m including 8.0% Ni over 1.25m at Florence Lake, Starts Drilling at the Taylor Brook Ni-Cu-Co Project, NL
TORONTO, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce that re-sampling of histor
About this update from Churchill Resources Inc
[{"type":"text","content":" TORONTO, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce that re-sampling of historical core at the Florence Lake Project in Labrador has confirmed high grade nickel tenors which will help define methods for future exploration on the property. The 1992/93 core holes were stored in the NL Government Core Facility in Goose Bay, but had seen subsequent sampling of the original Falconbridge splits, so were not ideal for due-diligence sampling work. Several suitable samples from holes 92-01, 92-12 and 93-34, however, were selected by independent Qualified Person Dr. Derek Wilton. The 1996 Tapestry Ventures Inc. core was found stored intact in a rack on the property at the original camp site, and was recovered by a combined Churchill/Altius team in the field with Dr. Wilton independently taking all samples tabled below. All drillholes sampled are from the Baikie Showing at Florence Lake, which has been shown to extend approximately 110m along strike and 90m depth from previous work. Highlights of Dr. Wilton’s sampling are Falconbridge holes 96-01 and 96-02, where the Baikie zone massive sulphide was targeted, with assays running to 8.00% Ni over 1.25m within a broader interval of 7.7m grading 2.17% Nickel. Cobalt and PGE tenors are interesting, and Dr. Wilton’s results represent the first Platinum, Palladium and Gold values reported from the 1996 drilling on the project. Historical Drillhole # From To Length Wilton Samp # Ni% Cu% Co% Pt ppb Pd ppb Au ppb Falc Samp # Ni% Cu% Co% FLK-92-01 12.00 12.50 0.50 R15713 1.75 0.29 0.051 227 284 22 LB01852 1.36 0.12 0.03 12.50 13.00 0.50 R15714 3.41 1.37 0.089 177 432 31 LB01853 3.25 0.36 0.08 FLK-92-12 83.00 84.50 1.50 combined LB01997 1.31 0.04 0.01 84.50 86.00 1.50 R015712 1.48 0.08 0.04 86 193 14 LB01998 2.38 0.13 0.01 86.00 86.30 0.30 combined LB01999 1.19 0.10 0.01 FLK-93-34 82.16 82.20 0.04 combined LB03388 3.49 0.50 0.10 82.20 83.33 1.13 R015711 0.56 0.09 0.02 14 58 13 LB03389 0.03 0.01 0.01 83.33 83.75 0.42 combined LB03390 1.23 0.06 0.06 FL-96-01 18.45 19.45 1.00 E588751 1.62 0.09 0.04 66 243 8 28452 1.95 0.11...