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Flying Nickel Completes Drilling Program at Minago Nickel Project in Thompson Manitoba
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2022) - Flying Nickel Mining Corp. (TS...
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[{"type":"text","content":"Flying Nickel Completes Drilling Program at Minago Nickel Project in Thompson ManitobaVancouver, British Columbia--(Newsfile Corp. - June 21, 2022) - Flying Nickel Mining Corp. (TSXV: FLYN) (OTCQB: FLYNF) (\"Flying Nickel\" or the \"Company\") announces the completion of its first drilling program at its 100% owned Minago nickel sulphide project in Thompson, Manitoba. The program included 2,834 meters of drilling, consisting of six infill and exploration drillholes. The initial drill results are expected in early July.A 5,000-meter program was announced on March 7, 2022, but was shortened due to late issuance of work permits. Infill drill holes FN-22-01 and FN-22-02 intercepted wide disseminated nickel mineralization at Minago's Nose deposit. The remaining holes targeted the North Limb deposit, which has the highest near-term resource expansion potential and limited historic drilling.Flying Nickel acquired Minago from Victory Nickel Inc in February 2021. Subsequently, Flying Nickel announced an open-pit optimized Minago mineral resource estimate (\"MRE\"), prepared by Mercator Geotechnical Services and AGP Mining Consultants, effective July 2, 2021, which includes a Measured and Indicated mineral resource of 722 million lbs of contained nickel and an Inferred mineral resource of 319 million lbs of contained nickel grading 0.74% nickel based on 86,118 meters of drilling. The project has ready access to hydro power, water and is adjacent to a paved provincial highway. Flying Nickel is completing a Notice of Alteration which is required for the reissuance of the Environmental Act License by the province of Manitoba. No federal permit is required.Observations and drillhole summaries are provided below:FN-22-01 is a 567-meter infill drill hole located at the eastern part of Minago's main Nose deposit. The hole ended in mineralization at 567 meters, short of the 830 meters planned depth due to ground conditions. Approximately 483 meters of ultramafic rocks were observed containing varying percentages of disseminated mineralization. FN-22-02 is a 407-meter infill drill hole located at the western part of the Nose deposit. The FN-22-02 encountered 266 meters of ultramafic rocks containing varying percentages of disseminated mineralization. Core from FN-22-01 and FN-22-02 will undergo metallurgical tests to support the Company's ongoing ...