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Class 1 Nickel provides disclosure of 2021 drilling program at Alexo-Dundonald Nickel project in Timmins
TORONTO, May 02, 2022 (GLOBE NEWSWIRE) -- Class 1 Nickel and Technologies Ltd. (CSE: NICO/OTCQB: NICLF) (“Class 1 Nickel” or the “Company”) is pleased to provid
About this update from Class 1 Nickel & Technologies Ltd.
[{"type":"text","content":" TORONTO, May 02, 2022 (GLOBE NEWSWIRE) -- Class 1 Nickel and Technologies Ltd. (CSE: NICO/OTCQB: NICLF) (“Class 1 Nickel” or the “Company”) is pleased to provide an update of its 2021 phase 1 and phase 2 drilling programs on the Alexo-Dundonald Property near Timmins, Ontario (Figure 1). The summer 2021 program was completed by G4 Drilling of Val-d’Or, Quebec, under the supervision of Terra Modelling Services of Saskatoon, Saskatchewan. Class 1 Nickel’s program consisted of 88 diamond drill holes totalling 20,607 m. Table 1 gives summary statistics for the drilling program. Table 1. Summary statistics of C1N 2021 drilling, Alexo-Dundonald Property in northeastern Ontario. Area Alexo South Alexo North Dundonald South Scissor Holes Total Drill Holes 37 29 18 4 88 Total Metres 9177 5813 4919 641 20607 Max Hole Depth (m) 432 306 434 201 434 Min Hole Depth (m) 102 135 126 102 102 Average Depth (m) 248 198 259 160 234 Min Dip (°) -43.3 -43.7 -42.38 -43.71 Max Dip (°) -61.81 -51.85 -75.17 -45.45 Drilling concentrated on exploring around the periphery of the three mineralised zones at Alexo South, Alexo North and Dundonald South to test and potentially extend the known close to surface mineralised zones at the three deposits: by Following up geophysical anomalies remodelled from BHEM data acquired by previous explorers; and Stepping out drilling into the gaps between the known mineralised envelopes and the pierce points of the previous closest drilling from past exploration around the known deposits. Drilling also followed up some borehole and VTEM anomalies in the immediate vicinity of the known mineralised zones at Alexo South, Alexo North and Dundonald South. C1N experienced significant delay in obtaining assay results for the drilling program due to an exceptional delay by the laboratories in running the relevant analyses, with full certified results for all drilling only returned on 17th March, 2022. ...