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Class 1 Nickel and Technologies Provides Update on Somanike Project in Quebec
Class 1 Surface Samples confirm high-grade mineralization Assays validate historic Nickel-Copper-Cobalt-Platinum-Palladium TORONTO, Oct. 12, 2021 (GLOBE NEWSWIR
About this update from Class 1 Nickel & Technologies Ltd.
[{"type":"text","content":" Class 1 Surface Samples confirm high-grade mineralization Assays validate historic Nickel-Copper-Cobalt-Platinum-Palladium TORONTO, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Class 1 Nickel and Technologies Ltd. (CSE: NICO/OTCQB: NICLF) (\"Class 1 Nickel\" or the \"Company\") is pleased to announce that the Company has confirmed the existence of high-grade mineralization from surface samples at the Somanike Project in La Motte Quebec. David Fitch, President of Class 1 Nickel indicated that: “We engaged ABG Exploration to take samples of previously blasted rocks from around the Somanike and Bilson-Cubric high-grade historical resource and the PGE occurrences to the east. The results confirm the rock types and the high-grade nature of the magmatic sulphide mineralization”. Alexandr Beloborodov, P.Geo. an independent consultant, recently completed a due diligence site visit at the Somanike Project with the purpose of confirming the Ni-Cu-PGE mineralization around the historic Marbridge mine area, the Ataman nickel zone and the Bilson-Cubric showing. A total of 10 samples were collected over a two-day period on the Project. These samples were submitted to ALS Canada Ltd. laboratories in Val-d’Or. Grab samples were sourced from surface showings at Ataman, Marbridge and Bilson-Cubric outcrops. Initial Site Visit Highlights: Grab samples taken from old mineralized Somanike (Bilson-Cubric, Ataman and Marbridge projects) confirm the high-grade nickel and platinum group elements (PGEs) abundances and tenor of these deposits Re-sampled surface samples confirm the high nickel and high PGE contents of the multiple Somanike showings Re-sampling of old Bilson-Cubric showing also confirmed the reproducibility of nickel (Ni), copper (Cu) and PGE mineralization from historical work Table 1: Somanike Grab Samples Results SAMPLEDESCRIPTION PROJECTAREA LITHOLOGY MINERALIZATION PGM-ICP24 ME-ICP61 Pt Pd Cu Ni g/t g/t % % E6704911 Cubric Iron formation in Gabbro 8% pyrrhotite, 8% chalcopyrite 0.037 0.188 0.17 0.656 E6704912 Cubric Iron formation in Gabbro semi massive 10% pyrrhotite, 10%chalcopyrite 0.153 0.384 0.39 3.78 E6704917 Mine 2 fence Gossan 15% pyrite, green and purple alteration in basalt 2.02 2.15 0.012 2.98 E6704918 Mine 2 fence Gossan 5% pyrite, green and purple alteration in basalt 1.045 1.245 0.012 0.577 E6704919 Mine 1 closest to sh...